Devon EnergyMEX:DVN -3.41%79 Days Payable is 24.06 as of Mar. 2026, which is 16% below its 10-year median of 28.72. GuruFocus rates MEX:DVN with a GF Score™ of 79/100 and a GF Value™ of MXN890.41 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 851 Oil & Gas companies, Devon Energy ranks worse than 81.67% on this metric.
The historical rank and industry rank for Devon Energy's Days Payable or its related term are showing as below:
MEX:DVN'
s Days Payable Range Over the Past 10 Years
Min: 15.88 Med: 28.72 Max: 43.43
Current: 25.54
During the past 13 years, Devon Energy's highest Days Payable was 43.43. The lowest was 15.88. And the median was 28.72.
MEX:DVN's Days Payable is ranked worse than 81.67% of 851
companies
in the Oil & Gas industry
Industry Median: 57.95
vs MEX:DVN: 25.54
Devon Energy's Days Payable
declined
from Mar. 2025 (24.42) to Mar. 2026 (24.06).
It may suggest that Devon Energyaccelerated paying its suppliers.
Devon Energy Days Payable Related Terms
Devon Energy Days Payable Historical Data
* Premium members only.
The historical data trend for Devon 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.
MEX:DVN vs OXY, FANG, EQT: Days Payable Comparison
For the Oil & Gas E&P subindustry, Devon 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.
Devon Energy Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Devon Energy's Days Payable distribution charts can be found below:
* The bar in red indicates where Devon Energy's Days Payable falls into.
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.
Devon Energy's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Devon Energy (MEX:DVN) has a Days Payable of 24.06 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 Devon Energy and its competitors. This is 16% below median its historical median of 28.72. Over the past decade, Devon Energy's Days Payable has ranged from 15.88 to 43.43. According to the industry distribution chart, Devon Energy ranks #695 out of 851 companies in the Oil & Gas industry, placing it in the top 81.7%.
Is Devon Energy's Days Payable too high?
Devon Energy's current Days Payable of 24.06 is 16% below median its 10-year median of 28.72. Over the past 10 years, this metric has ranged from a low of 15.88 to a high of 43.43. The Oil & Gas industry median Days Payable is 57.95. Devon Energy's value of 24.06 is 58.5% below this industry median. Based on the distribution chart, Devon Energy ranks #695 out of 851 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Devon Energy has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Devon Energy's Days Payable compare to OXY and FANG?
According to the Oil & Gas industry distribution chart, Devon Energy ranks #695 out of 851 companies for Days Payable. This places Devon Energy in the lower half of its industry. The industry median Days Payable is 57.95. Devon Energy's value of 24.06 is 58.5% below this benchmark. Historically, Devon Energy's own Days Payable has ranged from 15.88 to 43.43 over the past decade. While the company's 10-year median is 28.72 vs. the industry median of 57.95, Devon Energy has consistently been below 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 851 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. Devon Energy's current Days Payable of 24.06 is 58.5% below 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 Devon 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. Devon Energy's current Days Payable is 24.06, which is 16% below median its own 10-year median of 28.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devon Energy stock overvalued right now?
Based on GuruFocus' analysis, Devon Energy (MEX:DVN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN890.41, compared to a current price of MXN708.00 — trading 20.5% below its estimated fair value. The current Days Payable is 24.06, which is 16% below median its 10-year median of 28.72 and 58.5% below the Oil & Gas industry median of 57.95. Devon Energy's overall GF Score™ is 79/100 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 Devon Energy (MEX:DVN), the current Days Payable is 24.06 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 Devon Energy (MEX:DVN) Overvalued in 2026?
Based on GuruFocus' analysis, Devon Energy stock appears to be undervalued.
The current stock price of MXN708.00 is trading 20.5% below its estimated GF Value™ of MXN890.41.
GuruFocus considers Devon Energy to be Modestly Undervalued.
Key valuation signals for MEX:DVN:
Days Payable: 24.06 (16% below median its 10-year median of 28.72)
GF Value™: MXN890.41 vs. price of MXN708.00 (20.5% below fair value)
Industry Position: 58.5% below the Oil & Gas median (#695 of 851)
No single metric tells the full story. See the MEX:DVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two-thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. After the merger with Coterra, it will have a foothold in the gas-driven Appalachian Basin as well. At the end of 2025, Devon reported net proved reserves of 2.4 billion barrels of oil equivalent, up from 2.2 billion in 2024. Net production averaged roughly 840,000 barrels of oil equivalent per day in 2025 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
79GF Score
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