SOBO (South Bow) Days Payable: 659.58 (As of Mar. 2026) — 25% Below Median


SOBO South Bow Corp SOBO
15 GF Score
Price $36.57
! 13 Warning Signs
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What is South Bow Days Payable?

South Bow SOBO 15 Days Payable is 659.58 as of Mar. 2026, which is 25% below its 10-year median of 884.91. GuruFocus rates SOBO with a GF Score™ of 15/100. The stock has 13 warning signs investors should review. Among 849 Oil & Gas companies, South Bow ranks better than 95.05% on this metric.

South Bow's average Accounts Payable for the three months ended in Mar. 2026 was $998 Mil. South Bow's Cost of Goods Sold for the three months ended in Mar. 2026 was $138 Mil. Hence, South Bow's Days Payable for the three months ended in Mar. 2026 was 659.58.

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

SOBO' s Days Payable Range Over the Past 10 Years
Min: 603.16   Med: 884.91   Max: 1272.9
Current: 865.02

During the past 3 years, South Bow's highest Days Payable was 1272.90. The lowest was 603.16. And the median was 884.91.

SOBO's Days Payable is ranked better than
95.05% of 849 companies
in the Oil & Gas industry
Industry Median: 57.95 vs SOBO: 865.02

South Bow's Days Payable declined from Mar. 2025 (765.94) to Mar. 2026 (659.58). It may suggest that South Bow accelerated paying its suppliers.


South Bow Days Payable Historical Data

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The historical data trend for South Bow'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.

South Bow Days Payable Chart

South Bow Annual Data
Trend Dec23 Dec24 Dec25
Days Payable
1,272.90 920.42 591.82

South Bow Quarterly Data
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 765.94 956.52 981.57 806.99 659.58

SOBO vs WMB, EPD, KMI: Days Payable Comparison

For the Oil & Gas Midstream subindustry, South Bow'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.


South Bow Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where South Bow's Days Payable falls into.


SOBO
15GF Score
South Bow Corp SOBO
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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South Bow 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.

South Bow'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
=( (1062 + 754) / 2 ) / 560*365
=908 / 560*365
=591.82

South Bow'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
=( (754 + 1241) / 2 ) / 138*365 / 4
=997.5 / 138*365 / 4
=659.58

* 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 659.58 mean?
South Bow (SOBO) has a Days Payable of 659.58 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 South Bow and its competitors. This is 25% below median its historical median of 884.91. Over the past decade, South Bow's Days Payable has ranged from 603.16 to 1,272.90. According to the industry distribution chart, South Bow ranks #42 out of 849 companies in the Oil & Gas industry, placing it in the top 4.9%.
Is South Bow's Days Payable too high?
South Bow's current Days Payable of 659.58 is 25% below median its 10-year median of 884.91. Over the past 10 years, this metric has ranged from a low of 603.16 to a high of 1,272.90. The Oil & Gas industry median Days Payable is 57.95. South Bow's value of 659.58 is 1038.2% above this industry median. Based on the distribution chart, South Bow ranks #42 out of 849 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, South Bow has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does South Bow's Days Payable compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, South Bow ranks #42 out of 849 companies for Days Payable. This places South Bow in the top 5% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.95. South Bow's value of 659.58 is 1038.2% above this benchmark. Historically, South Bow's own Days Payable has ranged from 603.16 to 1,272.90 over the past decade. While the company's 10-year median is 884.91 vs. the industry median of 57.95, South Bow 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. South Bow's current Days Payable of 659.58 is 1038.2% 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 South Bow 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. South Bow's current Days Payable is 659.58, which is 25% below median its own 10-year median of 884.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Bow stock overvalued right now?
South Bow (SOBO) has a current Days Payable of 659.58. The current Days Payable is 659.58, which is 25% below median its 10-year median of 884.91 and 1038.2% above the Oil & Gas industry median of 57.95. South Bow's overall GF Score™ is 15/100 with 13 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 South Bow (SOBO), the current Days Payable is 659.58 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.

South Bow Business Description

Industry EnergyOil & Gas
Other Exchanges SOBO:Canada
Address 707, 5 Street SW, Suite 900, Calgary, AB, CAN, T2P 1V8
South Bow Corp is a energy infrastructure company. The company is engaged in constructing pipelines system safely transports liquids like crude oil, across Canadian provinces, U.S. states, and Gulf coasts. It has three reportable segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. It derives maximum revenue from Keystone Pipeline System segment. The company's projects and pipelines include: Blackrod connection project; Grand Rapids Pipeline System; Marketlink Pipeline System; Keystone Pipeline System; Port Neches Link; and White Spruce Pipeline System.
15GF Score

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