OvintivMEX:OVV 63 Days Payable is 107.31 as of Mar. 2026, which is 193% above its 10-year median of 36.60. GuruFocus rates MEX:OVV with a GF Score™ of 63/100 and a GF Value™ of MXN491.95. The stock has 5 warning signs investors should review. Among 854 Oil & Gas companies, Ovintiv ranks better than 78.22% on this metric.
Ovintiv's average Accounts Payable for the
three
months ended in Mar. 2026 was MXN20,868 Mil. Ovintiv's Cost of Goods Sold for the
three
months ended in Mar. 2026 was MXN17,744 Mil.
Hence, Ovintiv's Days Payable for the
three
months ended in Mar. 2026 was 107.31.
The historical rank and industry rank for Ovintiv's Days Payable or its related term are showing as below:
MEX:OVV'
s Days Payable Range Over the Past 10 Years
Min: 24.97 Med: 36.6 Max: 144.64
Current: 144.64
During the past 13 years, Ovintiv's highest Days Payable was 144.64. The lowest was 24.97. And the median was 36.60.
MEX:OVV's Days Payable is ranked better than 78.22% of 854
companies
in the Oil & Gas industry
Industry Median: 57.145
vs MEX:OVV: 144.64
Ovintiv's Days Payable
increased
from Mar. 2025 (101.55) to Mar. 2026 (107.31).
It may suggest that Ovintivdelayed paying its suppliers.
Ovintiv Days Payable Related Terms
Ovintiv Days Payable Historical Data
* Premium members only.
The historical data trend for Ovintiv'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.
For the Oil & Gas E&P subindustry, Ovintiv'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.
Ovintiv Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ovintiv's Days Payable distribution charts can be found below:
* The bar in red indicates where Ovintiv'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.
Ovintiv'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.
Ovintiv (MEX:OVV) has a Days Payable of 107.31 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 Ovintiv and its competitors. This is 193% above median its historical median of 36.60. Over the past decade, Ovintiv's Days Payable has ranged from 24.97 to 144.64. According to the industry distribution chart, Ovintiv ranks #186 out of 854 companies in the Oil & Gas industry, placing it in the top 21.8%.
Is Ovintiv's Days Payable too high?
Ovintiv's current Days Payable of 107.31 is 193% above median its 10-year median of 36.60. Over the past 10 years, this metric has ranged from a low of 24.97 to a high of 144.64. The Oil & Gas industry median Days Payable is 57.15. Ovintiv's value of 107.31 is 87.8% above this industry median. Based on the distribution chart, Ovintiv ranks #186 out of 854 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Ovintiv has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Ovintiv's Days Payable compare to PR and APA?
According to the Oil & Gas industry distribution chart, Ovintiv ranks #186 out of 854 companies for Days Payable. This places Ovintiv in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.15. Ovintiv's value of 107.31 is 87.8% above this benchmark. Historically, Ovintiv's own Days Payable has ranged from 24.97 to 144.64 over the past decade. While the company's 10-year median is 36.60 vs. the industry median of 57.15, Ovintiv 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 57.15, based on 854 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. Ovintiv's current Days Payable of 107.31 is 87.8% 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 Ovintiv and its competitors. For the Oil & Gas industry, the median Days Payable is 57.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ovintiv's current Days Payable is 107.31, which is 193% above median its own 10-year median of 36.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ovintiv stock overvalued right now?
Ovintiv (MEX:OVV) has a current Days Payable of 107.31. The stock's GF Value™ is MXN491.95, compared to a current price of MXN663.25 — trading 34.8% above its estimated fair value. The current Days Payable is 107.31, which is 193% above median its 10-year median of 36.60 and 87.8% above the Oil & Gas industry median of 57.15. Ovintiv's overall GF Score™ is 63/100 with 5 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 Ovintiv (MEX:OVV), the current Days Payable is 107.31 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 Ovintiv (MEX:OVV) Overvalued in 2026?
Based on GuruFocus' analysis, Ovintiv stock appears to be overvalued.
The current stock price of MXN663.25 is trading 34.8% above its estimated GF Value™ of MXN491.95.
Key valuation signals for MEX:OVV:
Days Payable: 107.31 (193% above median its 10-year median of 36.60)
GF Value™: MXN491.95 vs. price of MXN663.25 (34.8% above fair value)
Industry Position: 87.8% above the Oil & Gas median (#186 of 854)
No single metric tells the full story. See the MEX:OVV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ovintiv Inc is a North American oil and natural gas exploration and production company focused on developing its multi-basin portfolio of high-quality assets located in the United States and Canada. Its operations also include the marketing of oil, NGLs, and natural gas. The company has two operating segments: USA Operations and Canadian Operations. USA Operations include the exploration, development, production, and marketing of oil, NGLs, natural gas, and other related activities within the United States. Canadian Operations include the exploration, development, production, and marketing of oil, NGLs, natural gas, and other related activities within Canada. The company generates the majority of its revenue from USA Operations.
63GF Score
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