Waste Connections (MEX:WCNN) Days Payable: 49.49 (As of Mar. 2026) — 13% Above Median


MEX:WCNN Waste Connections Inc MEX:WCNN
87 GF Score
Price MXN2,800.00
GF Value MXN3,445.03
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Waste Connections Days Payable?

Waste Connections MEX:WCNN +6.82% 87 Days Payable is 49.49 as of Mar. 2026, which is 13% above its 10-year median of 43.70. GuruFocus rates MEX:WCNN with a GF Score™ of 87/100 and a GF Value™ of MXN3,445.03 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 234 Waste Management companies, Waste Connections ranks worse than 61.11% on this metric.

Waste Connections's average Accounts Payable for the three months ended in Mar. 2026 was MXN13,313 Mil. Waste Connections's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN24,544 Mil. Hence, Waste Connections's Days Payable for the three months ended in Mar. 2026 was 49.49.

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

MEX:WCNN' s Days Payable Range Over the Past 10 Years
Min: 34.15   Med: 43.7   Max: 49.28
Current: 47.46

During the past 13 years, Waste Connections's highest Days Payable was 49.28. The lowest was 34.15. And the median was 43.70.

MEX:WCNN's Days Payable is ranked worse than
61.11% of 234 companies
in the Waste Management industry
Industry Median: 63.6 vs MEX:WCNN: 47.46

Waste Connections's Days Payable increased from Mar. 2025 (45.06) to Mar. 2026 (49.49). It may suggest that Waste Connections delayed paying its suppliers.


Waste Connections Days Payable Historical Data

* Premium members only.

The historical data trend for Waste Connections'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.

Waste Connections Days Payable Chart

Waste Connections 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 33.71 44.28 52.93 40.79 50.30

Waste Connections 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 45.06 46.17 48.92 51.46 49.49

MEX:WCNN vs CLH, RSG, GFL: Days Payable Comparison

For the Waste Management subindustry, Waste Connections'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.


Waste Connections Days Payable vs Waste Management Industry

For the Waste Management industry and Industrials sector, Waste Connections's Days Payable distribution charts can be found below:

* The bar in red indicates where Waste Connections's Days Payable falls into.


MEX:WCNN
87GF Score
Waste Connections Inc MEX:WCNN
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Waste Connections 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.

Waste Connections'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
=( (13292.818 + 13778.448) / 2 ) / 98227.972*365
=13535.633 / 98227.972*365
=50.30

Waste Connections'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
=( (13778.448 + 12846.91) / 2 ) / 24544.29*365 / 4
=13312.679 / 24544.29*365 / 4
=49.49

* 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 49.49 mean?
Waste Connections (MEX:WCNN) has a Days Payable of 49.49 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 Waste Connections and its competitors. This is 13% above median its historical median of 43.70. Over the past decade, Waste Connections' Days Payable has ranged from 34.15 to 49.28. According to the industry distribution chart, Waste Connections ranks #143 out of 234 companies in the Waste Management industry, placing it in the top 61.1%.
Is Waste Connections' Days Payable too high?
Waste Connections' current Days Payable of 49.49 is 13% above median its 10-year median of 43.70. Over the past 10 years, this metric has ranged from a low of 34.15 to a high of 49.28. The Waste Management industry median Days Payable is 63.60. Waste Connections' value of 49.49 is 22.2% below this industry median. Based on the distribution chart, Waste Connections ranks #143 out of 234 companies in the Waste Management industry, which is below the industry midpoint. Overall, Waste Connections has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Waste Connections' Days Payable compare to CLH and RSG?
According to the Waste Management industry distribution chart, Waste Connections ranks #143 out of 234 companies for Days Payable. This places Waste Connections in the lower half of its industry. The industry median Days Payable is 63.60. Waste Connections' value of 49.49 is 22.2% below this benchmark. Historically, Waste Connections' own Days Payable has ranged from 34.15 to 49.28 over the past decade. While the company's 10-year median is 43.70 vs. the industry median of 63.60, Waste Connections 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 a Waste Management company?
The median Days Payable among Waste Management companies is 63.60, based on 234 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. Waste Connections's current Days Payable of 49.49 is 22.2% 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 Waste Connections and its competitors. For the Waste Management industry, the median Days Payable is 63.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waste Connections's current Days Payable is 49.49, which is 13% above median its own 10-year median of 43.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waste Connections stock overvalued right now?
Based on GuruFocus' analysis, Waste Connections (MEX:WCNN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,445.03, compared to a current price of MXN2,800.00 — trading 18.7% below its estimated fair value. The current Days Payable is 49.49, which is 13% above median its 10-year median of 43.70 and 22.2% below the Waste Management industry median of 63.60. Waste Connections' overall GF Score™ is 87/100 with 2 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 Waste Connections (MEX:WCNN), the current Days Payable is 49.49 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 Waste Connections (MEX:WCNN) Overvalued in 2026?

Based on GuruFocus' analysis, Waste Connections stock appears to be undervalued. The current stock price of MXN2,800.00 is trading 18.7% below its estimated GF Value™ of MXN3,445.03. GuruFocus considers Waste Connections to be Modestly Undervalued.

Key valuation signals for MEX:WCNN:

  • Days Payable: 49.49 (13% above median its 10-year median of 43.70)
  • GF Value™: MXN3,445.03 vs. price of MXN2,800.00 (18.7% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 22.2% below the Waste Management median (#143 of 234)

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


Waste Connections Business Description

Address 6220 Highway 7, Suite 600, Woodbridge, Vaughan, ON, CAN, L4H 4G3
Waste Connections is a North American waste management company focused on integrated waste collection services. The firm primarily focuses on residential, commercial, municipal, and industrial waste collection, with a secondary market focus on rural areas. With 113 landfills and 222 transfer stations as of 2024, it is the third-largest waste management company by revenue. Revenue is split among six operating segments: Western, Southern, Eastern, Central, Canada, and Midsouth.
87GF Score

Get the complete analysis for MEX:WCNN

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

MXN2,800.00
Price
MXN3,445.03
GF Value