Baytex Energy (MEX:BTEN) Days Payable: 97.69 (As of Mar. 2026) — 70% Above Median


MEX:BTEN Baytex Energy Corp MEX:BTEN
52 GF Score
Price MXN108.57
GF Value MXN38.35
! 4 Warning Signs
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What is Baytex Energy Days Payable?

Baytex Energy MEX:BTEN 52 Days Payable is 97.69 as of Mar. 2026, which is 70% above its 10-year median of 57.31. GuruFocus rates MEX:BTEN with a GF Score™ of 52/100 and a GF Value™ of MXN38.35. The stock has 4 warning signs investors should review. Among 849 Oil & Gas companies, Baytex Energy ranks better than 88.57% on this metric.

Baytex Energy's average Accounts Payable for the three months ended in Mar. 2026 was MXN3,535 Mil. Baytex Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN3,302 Mil. Hence, Baytex Energy's Days Payable for the three months ended in Mar. 2026 was 97.69.

The historical rank and industry rank for Baytex Energy's Days Payable or its related term are showing as below:

MEX:BTEN' s Days Payable Range Over the Past 10 Years
Min: 43.29   Med: 57.31   Max: 269.42
Current: 269.42

During the past 13 years, Baytex Energy's highest Days Payable was 269.42. The lowest was 43.29. And the median was 57.31.

MEX:BTEN's Days Payable is ranked better than
88.57% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs MEX:BTEN: 269.42

Baytex Energy's Days Payable declined from Mar. 2025 (203.26) to Mar. 2026 (97.69). It may suggest that Baytex Energy accelerated paying its suppliers.


Baytex Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Baytex Energy's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Baytex Energy Days Payable Chart

Baytex Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.62 45.60 53.38 125.56 117.67

Baytex Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 203.26 92.60 70.51 0.00 97.69

MEX:BTEN vs COP, EOG, OXY: Days Payable Comparison

For the Oil & Gas E&P subindustry, Baytex Energy's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Baytex Energy Days Payable vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Baytex Energy's Days Payable distribution charts can be found below:

* The bar in red indicates where Baytex Energy's Days Payable falls into.


MEX:BTEN
52GF Score
Baytex Energy Corp MEX:BTEN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Baytex Energy Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Baytex Energy's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (7501.918 + 3085.22) / 2 ) / 16420.781*365
=5293.569 / 16420.781*365
=117.67

Baytex Energy's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (3085.22 + 3983.847) / 2 ) / 3301.614*365 / 4
=3534.5335 / 3301.614*365 / 4
=97.69

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 97.69 mean?
Baytex Energy (MEX:BTEN) has a Days Payable of 97.69 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Baytex Energy and its competitors. This is 70% above median its historical median of 57.31. Over the past decade, Baytex Energy's Days Payable has ranged from 43.29 to 269.42. According to the industry distribution chart, Baytex Energy ranks #97 out of 849 companies in the Oil & Gas industry, placing it in the top 11.4%.
Is Baytex Energy's Days Payable too high?
Baytex Energy's current Days Payable of 97.69 is 70% above median its 10-year median of 57.31. Over the past 10 years, this metric has ranged from a low of 43.29 to a high of 269.42. The Oil & Gas industry median Days Payable is 57.95. Baytex Energy's value of 97.69 is 68.6% above this industry median. Based on the distribution chart, Baytex Energy ranks #97 out of 849 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Baytex Energy has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does Baytex Energy's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Baytex Energy ranks #97 out of 849 companies for Days Payable. This places Baytex Energy in the top 11% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. Baytex Energy's value of 97.69 is 68.6% above this benchmark. Historically, Baytex Energy's own Days Payable has ranged from 43.29 to 269.42 over the past decade. While the company's 10-year median is 57.31 vs. the industry median of 57.95, Baytex Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Oil & Gas company?
The median Days Payable among Oil & Gas companies is 57.95, based on 849 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Baytex Energy's current Days Payable of 97.69 is 68.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Baytex Energy and its competitors. For the Oil & Gas industry, the median Days Payable is 57.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baytex Energy's current Days Payable is 97.69, which is 70% above median its own 10-year median of 57.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baytex Energy stock overvalued right now?
Baytex Energy (MEX:BTEN) has a current Days Payable of 97.69. The stock's GF Value™ is MXN38.35, compared to a current price of MXN108.57 — trading 183.1% above its estimated fair value. The current Days Payable is 97.69, which is 70% above median its 10-year median of 57.31 and 68.6% above the Oil & Gas industry median of 57.95. Baytex Energy's overall GF Score™ is 52/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Baytex Energy (MEX:BTEN), the current Days Payable is 97.69 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Baytex Energy (MEX:BTEN) Overvalued in 2026?

Based on GuruFocus' analysis, Baytex Energy stock appears to be overvalued. The current stock price of MXN108.57 is trading 183.1% above its estimated GF Value™ of MXN38.35.

Key valuation signals for MEX:BTEN:

  • Days Payable: 97.69 (70% above median its 10-year median of 57.31)
  • GF Value™: MXN38.35 vs. price of MXN108.57 (183.1% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 68.6% above the Oil & Gas median (#97 of 849)

No single metric tells the full story. See the MEX:BTEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baytex Energy Business Description

Industry EnergyOil & Gas
Address 2800, 520 - 3rd Avenue SW, Centennial Place, East Tower, Calgary, AB, CAN, T2P 0R3
Baytex Energy Corp is an oil and gas company. Geographically, the group operates in Canada and the United States. The company derives a majority of revenue from Canada. Its Canada segment includes the exploration, development, and production of crude oil and natural gas in Western Canada.
52GF Score

Get the complete analysis for MEX:BTEN

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN108.57
Price
MXN38.35
GF Value