TC EnergyMEX:TRPN 39 Days Payable is 202.87 as of Mar. 2026, which is 16% above its 10-year median of 174.98. GuruFocus rates MEX:TRPN with a GF Score™ of 39/100 and a GF Value™ of MXN895.83 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 849 Oil & Gas companies, TC Energy ranks better than 85.51% on this metric.
TC Energy's average Accounts Payable for the
three
months ended in Mar. 2026 was MXN53,562 Mil. TC Energy's Cost of Goods Sold for the
three
months ended in Mar. 2026 was MXN24,092 Mil.
Hence, TC Energy's Days Payable for the
three
months ended in Mar. 2026 was 202.87.
The historical rank and industry rank for TC Energy's Days Payable or its related term are showing as below:
MEX:TRPN'
s Days Payable Range Over the Past 10 Years
Min: 90.4 Med: 174.98 Max: 238.58
Current: 208.15
During the past 13 years, TC Energy's highest Days Payable was 238.58. The lowest was 90.40. And the median was 174.98.
MEX:TRPN's Days Payable is ranked better than 85.51% of 849
companies
in the Oil & Gas industry
Industry Median: 57.95
vs MEX:TRPN: 208.15
TC Energy's Days Payable
declined
from Mar. 2025 (217.59) to Mar. 2026 (202.87).
It may suggest that TC Energyaccelerated paying its suppliers.
TC Energy Days Payable Related Terms
TC Energy Days Payable Historical Data
* Premium members only.
The historical data trend for TC 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:TRPN vs WMB, EPD, KMI: Days Payable Comparison
For the Oil & Gas Midstream subindustry, TC 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.
TC Energy Days Payable vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TC Energy's Days Payable distribution charts can be found below:
* The bar in red indicates where TC 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.
TC 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.
TC Energy (MEX:TRPN) has a Days Payable of 202.87 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 TC Energy and its competitors. This is 16% above median its historical median of 174.98. Over the past decade, TC Energy's Days Payable has ranged from 90.40 to 238.58. According to the industry distribution chart, TC Energy ranks #123 out of 849 companies in the Oil & Gas industry, placing it in the top 14.5%.
Is TC Energy's Days Payable too high?
TC Energy's current Days Payable of 202.87 is 16% above median its 10-year median of 174.98. Over the past 10 years, this metric has ranged from a low of 90.40 to a high of 238.58. The Oil & Gas industry median Days Payable is 57.95. TC Energy's value of 202.87 is 250.1% above this industry median. Based on the distribution chart, TC Energy ranks #123 out of 849 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, TC Energy has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TC Energy's Days Payable compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, TC Energy ranks #123 out of 849 companies for Days Payable. This places TC Energy in the top 15% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. TC Energy's value of 202.87 is 250.1% above this benchmark. Historically, TC Energy's own Days Payable has ranged from 90.40 to 238.58 over the past decade. While the company's 10-year median is 174.98 vs. the industry median of 57.95, TC 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. TC Energy's current Days Payable of 202.87 is 250.1% 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 TC 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. TC Energy's current Days Payable is 202.87, which is 16% above median its own 10-year median of 174.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TC Energy stock overvalued right now?
Based on GuruFocus' analysis, TC Energy (MEX:TRPN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN895.83, compared to a current price of MXN1,205.38 — trading 34.6% above its estimated fair value. The current Days Payable is 202.87, which is 16% above median its 10-year median of 174.98 and 250.1% above the Oil & Gas industry median of 57.95. TC Energy's overall GF Score™ is 39/100 with 12 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 TC Energy (MEX:TRPN), the current Days Payable is 202.87 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 TC Energy (MEX:TRPN) Overvalued in 2026?
Based on GuruFocus' analysis, TC Energy stock appears to be overvalued.
The current stock price of MXN1,205.38 is trading 34.6% above its estimated GF Value™ of MXN895.83.
GuruFocus considers TC Energy to be Significantly Overvalued.
Key valuation signals for MEX:TRPN:
Days Payable: 202.87 (16% above median its 10-year median of 174.98)
GF Value™: MXN895.83 vs. price of MXN1,205.38 (34.6% above fair value)
Industry Position: 250.1% above the Oil & Gas median (#123 of 849)
No single metric tells the full story. See the MEX:TRPN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TC Energy operates natural gas transmission assets across North America. Segments are determined by country of operation, but both Canadian and US operations are interconnected. Mexican operations are disconnected from the US and only have one customer, the state utility CFE. They also operate power generation assets, with the largest being the Bruce Power nuclear plant.
39GF Score
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