Cenovus Energy (MEX:CVE N) Days Payable: 60.98 (As of Mar. 2026) — 295% Above Median


MEX:CVE N Cenovus Energy Inc MEX:CVE N
66 GF Score
Price MXN415.00
GF Value MXN264.43
! 3 Warning Signs
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What is Cenovus Energy Days Payable?

Cenovus Energy MEX:CVE N 66 Days Payable is 60.98 as of Mar. 2026, which is 295% above its 10-year median of 15.43. GuruFocus rates MEX:CVE N with a GF Score™ of 66/100 and a GF Value™ of MXN264.43. The stock has 3 warning signs investors should review. Among 849 Oil & Gas companies, Cenovus Energy ranks worse than 53% on this metric.

Cenovus Energy's average Accounts Payable for the three months ended in Mar. 2026 was MXN79,878 Mil. Cenovus Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN119,526 Mil. Hence, Cenovus Energy's Days Payable for the three months ended in Mar. 2026 was 60.98.

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

MEX:CVE N' s Days Payable Range Over the Past 10 Years
Min: 3.28   Med: 15.43   Max: 53.36
Current: 53.36

During the past 13 years, Cenovus Energy's highest Days Payable was 53.36. The lowest was 3.28. And the median was 15.43.

MEX:CVE N's Days Payable is ranked worse than
53% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs MEX:CVE N: 53.36

Cenovus Energy's Days Payable increased from Mar. 2025 (49.41) to Mar. 2026 (60.98). It may suggest that Cenovus Energy delayed paying its suppliers.


Cenovus Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Cenovus 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.

Cenovus Energy Days Payable Chart

Cenovus 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 14.45 17.31 15.87 27.75 54.07

Cenovus 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 49.41 54.55 53.98 44.20 60.98

MEX:CVE N vs XOM, CVX: Days Payable Comparison

For the Oil & Gas Integrated subindustry, Cenovus 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.


Cenovus Energy Days Payable vs Oil & Gas Industry

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

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


MEX:CVE N
66GF Score
Cenovus Energy Inc MEX:CVE N
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Cenovus 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.

Cenovus 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
=( (86470.569 + 71813.963) / 2 ) / 534297.448*365
=79142.266 / 534297.448*365
=54.07

Cenovus 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
=( (71813.963 + 87942.271) / 2 ) / 119525.783*365 / 4
=79878.117 / 119525.783*365 / 4
=60.98

* 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 60.98 mean?
Cenovus Energy (MEX:CVE N) has a Days Payable of 60.98 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 Cenovus Energy and its competitors. This is 295% above median its historical median of 15.43. Over the past decade, Cenovus Energy's Days Payable has ranged from 3.28 to 53.36. According to the industry distribution chart, Cenovus Energy ranks #450 out of 849 companies in the Oil & Gas industry, placing it in the top 53%.
Is Cenovus Energy's Days Payable too high?
Cenovus Energy's current Days Payable of 60.98 is 295% above median its 10-year median of 15.43. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 53.36. The Oil & Gas industry median Days Payable is 57.95. Cenovus Energy's value of 60.98 is 5.2% above this industry median. Based on the distribution chart, Cenovus Energy ranks #450 out of 849 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Cenovus Energy has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's Days Payable compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Cenovus Energy ranks #450 out of 849 companies for Days Payable. This places Cenovus Energy in the lower half of its industry. The industry median Days Payable is 57.95. Cenovus Energy's value of 60.98 is 5.2% above this benchmark. Historically, Cenovus Energy's own Days Payable has ranged from 3.28 to 53.36 over the past decade. While the company's 10-year median is 15.43 vs. the industry median of 57.95, Cenovus 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. Cenovus Energy's current Days Payable of 60.98 is 5.2% 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 Cenovus 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. Cenovus Energy's current Days Payable is 60.98, which is 295% above median its own 10-year median of 15.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenovus Energy stock overvalued right now?
Cenovus Energy (MEX:CVE N) has a current Days Payable of 60.98. The stock's GF Value™ is MXN264.43, compared to a current price of MXN415.00 — trading 56.9% above its estimated fair value. The current Days Payable is 60.98, which is 295% above median its 10-year median of 15.43 and 5.2% above the Oil & Gas industry median of 57.95. Cenovus Energy's overall GF Score™ is 66/100 with 3 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 Cenovus Energy (MEX:CVE N), the current Days Payable is 60.98 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 Cenovus Energy (MEX:CVE N) Overvalued in 2026?

Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued. The current stock price of MXN415.00 is trading 56.9% above its estimated GF Value™ of MXN264.43.

Key valuation signals for MEX:CVE N:

  • Days Payable: 60.98 (295% above median its 10-year median of 15.43)
  • GF Value™: MXN264.43 vs. price of MXN415.00 (56.9% above fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 5.2% above the Oil & Gas median (#450 of 849)

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


Cenovus Energy Business Description

Industry EnergyOil & Gas
Address 225 - 6 Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 1N2
Cenovus Energy Inc is a Canadian integrated energy group. The group's upstream operations include oil sands projects in northern Alberta; thermal and conventional crude oil, natural gas, and natural gas liquids (NGLs) projects across Western Canada; crude oil production offshore Newfoundland and Labrador; and natural gas and NGLs production offshore China and Indonesia. Its downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada. The group's reportable segments are: Oil Sands, Conventional, Offshore, Canadian Refining, U.S Refining, and Corporate and Eliminations. Maximum revenue is generated from its Oil Sands segment. Geographically, the group derives maximum revenue from the U.S., followed by Canada and China.
66GF Score

Get the complete analysis for MEX:CVE N

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

MXN415.00
Price
MXN264.43
GF Value