Ensign Energy Services (TSX:ESI) Days Payable: 46.96 (As of Mar. 2026) — 65% Above Median


TSX:ESI Ensign Energy Services Inc TSX:ESI
77 GF Score
Price C$3.32
GF Value C$2.34
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Ensign Energy Services Days Payable?

Ensign Energy Services TSX:ESI +3.43% 77 Days Payable is 46.96 as of Mar. 2026, which is 65% above its 10-year median of 28.38. GuruFocus rates TSX:ESI with a GF Score™ of 77/100 and a GF Value™ of C$2.34 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 852 Oil & Gas companies, Ensign Energy Services ranks worse than 50.35% on this metric.

Ensign Energy Services's average Accounts Payable for the three months ended in Mar. 2026 was C$203 Mil. Ensign Energy Services's Cost of Goods Sold for the three months ended in Mar. 2026 was C$394 Mil. Hence, Ensign Energy Services's Days Payable for the three months ended in Mar. 2026 was 46.96.

The historical rank and industry rank for Ensign Energy Services's Days Payable or its related term are showing as below:

TSX:ESI' s Days Payable Range Over the Past 10 Years
Min: 18.2   Med: 28.38   Max: 57.13
Current: 57.13

During the past 13 years, Ensign Energy Services's highest Days Payable was 57.13. The lowest was 18.20. And the median was 28.38.

TSX:ESI's Days Payable is ranked worse than
50.35% of 852 companies
in the Oil & Gas industry
Industry Median: 57.84 vs TSX:ESI: 57.13

Ensign Energy Services's Days Payable declined from Mar. 2025 (48.10) to Mar. 2026 (46.96). It may suggest that Ensign Energy Services accelerated paying its suppliers.


Ensign Energy Services Days Payable Historical Data

* Premium members only.

The historical data trend for Ensign Energy Services'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.

Ensign Energy Services Days Payable Chart

Ensign Energy Services 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 19.87 28.25 30.59 33.34 35.81

Ensign Energy Services 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 48.10 62.60 63.26 50.85 46.96

TSX:ESI vs NE, RIG, VAL: Days Payable Comparison

For the Oil & Gas Drilling subindustry, Ensign Energy Services'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.


Ensign Energy Services Days Payable vs Oil & Gas Industry

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

* The bar in red indicates where Ensign Energy Services's Days Payable falls into.


TSX:ESI
77GF Score
Ensign Energy Services Inc TSX:ESI
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Ensign Energy Services 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.

Ensign Energy Services'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
=( (165.395 + 136.576) / 2 ) / 1538.953*365
=150.9855 / 1538.953*365
=35.81

Ensign Energy Services'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
=( (136.576 + 268.444) / 2 ) / 393.541*365 / 4
=202.51 / 393.541*365 / 4
=46.96

* 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 46.96 mean?
Ensign Energy Services (TSX:ESI) has a Days Payable of 46.96 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 Ensign Energy Services and its competitors. This is 65% above median its historical median of 28.38. Over the past decade, Ensign Energy Services' Days Payable has ranged from 18.20 to 57.13. According to the industry distribution chart, Ensign Energy Services ranks #429 out of 852 companies in the Oil & Gas industry, placing it in the top 50.4%.
Is Ensign Energy Services' Days Payable too high?
Ensign Energy Services' current Days Payable of 46.96 is 65% above median its 10-year median of 28.38. Over the past 10 years, this metric has ranged from a low of 18.20 to a high of 57.13. The Oil & Gas industry median Days Payable is 57.84. Ensign Energy Services' value of 46.96 is 18.8% below this industry median. Based on the distribution chart, Ensign Energy Services ranks #429 out of 852 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ensign Energy Services has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ensign Energy Services' Days Payable compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ensign Energy Services ranks #429 out of 852 companies for Days Payable. This places Ensign Energy Services in the lower half of its industry. The industry median Days Payable is 57.84. Ensign Energy Services' value of 46.96 is 18.8% below this benchmark. Historically, Ensign Energy Services' own Days Payable has ranged from 18.20 to 57.13 over the past decade. While the company's 10-year median is 28.38 vs. the industry median of 57.84, Ensign Energy Services 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 57.84, based on 852 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. Ensign Energy Services's current Days Payable of 46.96 is 18.8% 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 Ensign Energy Services and its competitors. For the Oil & Gas industry, the median Days Payable is 57.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ensign Energy Services's current Days Payable is 46.96, which is 65% above median its own 10-year median of 28.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensign Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Ensign Energy Services (TSX:ESI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.34, compared to a current price of C$3.32 — trading 41.9% above its estimated fair value. The current Days Payable is 46.96, which is 65% above median its 10-year median of 28.38 and 18.8% below the Oil & Gas industry median of 57.84. Ensign Energy Services' overall GF Score™ is 77/100 with 3 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 Ensign Energy Services (TSX:ESI), the current Days Payable is 46.96 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 Ensign Energy Services (TSX:ESI) Overvalued in 2026?

Based on GuruFocus' analysis, Ensign Energy Services stock appears to be overvalued. The current stock price of C$3.32 is trading 41.9% above its estimated GF Value™ of C$2.34. GuruFocus considers Ensign Energy Services to be Significantly Overvalued.

Key valuation signals for TSX:ESI:

  • Days Payable: 46.96 (65% above median its 10-year median of 28.38)
  • GF Value™: C$2.34 vs. price of C$3.32 (41.9% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 18.8% below the Oil & Gas median (#429 of 852)

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


Ensign Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges ESVIF:USAENB:Germany
Address 400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.
77GF Score

Get the complete analysis for TSX:ESI

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

C$3.32
Price
C$2.34
GF Value