BQE Water (TSXV:BQE) Days Payable: 32.04 (As of Mar. 2026) — 36% Below Median

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TSXV:BQE BQE Water Inc TSXV:BQE
85 GF Score
Price C$74.94
GF Value C$75.61
Valuation Fairly Valued
! 3 Warning Signs
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What is BQE Water Days Payable?

BQE Water TSXV:BQE 85 Days Payable is 32.04 as of Mar. 2026, which is 36% below its 10-year median of 49.84. GuruFocus rates TSXV:BQE with a GF Score™ of 85/100 and a GF Value™ of C$75.61 (Fairly Valued). The stock has 3 warning signs investors should review. Among 230 Waste Management companies, BQE Water ranks worse than 73.91% on this metric.

BQE Water's average Accounts Payable for the three months ended in Mar. 2026 was C$1.27 Mil. BQE Water's Cost of Goods Sold for the three months ended in Mar. 2026 was C$3.62 Mil. Hence, BQE Water's Days Payable for the three months ended in Mar. 2026 was 32.04.

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

TSXV:BQE' s Days Payable Range Over the Past 10 Years
Min: 21.55   Med: 49.84   Max: 109.28
Current: 29.47

During the past 13 years, BQE Water's highest Days Payable was 109.28. The lowest was 21.55. And the median was 49.84.

TSXV:BQE's Days Payable is ranked worse than
73.91% of 230 companies
in the Waste Management industry
Industry Median: 64.295 vs TSXV:BQE: 29.47

BQE Water's Days Payable increased from Mar. 2025 (26.20) to Mar. 2026 (32.04). It may suggest that BQE Water delayed paying its suppliers.


BQE Water Days Payable Historical Data

* Premium members only.

The historical data trend for BQE Water'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.

BQE Water Days Payable Chart

BQE Water 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 47.20 31.82 26.32 34.92 21.55

BQE Water 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 26.20 24.16 39.33 32.69 32.04

TSXV:BQE vs WM, RSG, WCN: Days Payable Comparison

For the Waste Management subindustry, BQE Water'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.


BQE Water Days Payable vs Waste Management Industry

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

* The bar in red indicates where BQE Water's Days Payable falls into.


TSXV:BQE
85GF Score
BQE Water Inc TSXV:BQE
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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BQE Water 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.

BQE Water'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
=( (1.016 + 1.378) / 2 ) / 20.278*365
=1.197 / 20.278*365
=21.55

BQE Water'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
=( (1.378 + 1.165) / 2 ) / 3.621*365 / 4
=1.2715 / 3.621*365 / 4
=32.04

* 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 32.04 mean?
BQE Water (TSXV:BQE) has a Days Payable of 32.04 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 BQE Water and its competitors. This is 36% below median its historical median of 49.84. Over the past decade, BQE Water's Days Payable has ranged from 21.55 to 109.28. According to the industry distribution chart, BQE Water ranks #170 out of 230 companies in the Waste Management industry, placing it in the top 73.9%.
Is BQE Water's Days Payable too high?
BQE Water's current Days Payable of 32.04 is 36% below median its 10-year median of 49.84. Over the past 10 years, this metric has ranged from a low of 21.55 to a high of 109.28. The Waste Management industry median Days Payable is 64.30. BQE Water's value of 32.04 is 50.2% below this industry median. Based on the distribution chart, BQE Water ranks #170 out of 230 companies in the Waste Management industry, which is below the industry midpoint. Overall, BQE Water has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BQE Water's Days Payable compare to WM and RSG?
According to the Waste Management industry distribution chart, BQE Water ranks #170 out of 230 companies for Days Payable. This places BQE Water in the lower half of its industry. The industry median Days Payable is 64.30. BQE Water's value of 32.04 is 50.2% below this benchmark. Historically, BQE Water's own Days Payable has ranged from 21.55 to 109.28 over the past decade. While the company's 10-year median is 49.84 vs. the industry median of 64.30, BQE Water 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 64.30, based on 230 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. BQE Water's current Days Payable of 32.04 is 50.2% 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 BQE Water and its competitors. For the Waste Management industry, the median Days Payable is 64.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BQE Water's current Days Payable is 32.04, which is 36% below median its own 10-year median of 49.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BQE Water stock overvalued right now?
Based on GuruFocus' analysis, BQE Water (TSXV:BQE) is currently considered Fairly Valued. The stock's GF Value™ is C$75.61, compared to a current price of C$74.94 — trading 0.9% below its estimated fair value. The current Days Payable is 32.04, which is 36% below median its 10-year median of 49.84 and 50.2% below the Waste Management industry median of 64.30. BQE Water's overall GF Score™ is 85/100 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 BQE Water (TSXV:BQE), the current Days Payable is 32.04 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 BQE Water (TSXV:BQE) Overvalued in 2026?

Based on GuruFocus' analysis, BQE Water stock appears to be undervalued. The current stock price of C$74.94 is trading 0.9% below its estimated GF Value™ of C$75.61. GuruFocus considers BQE Water to be Fairly Valued.

Key valuation signals for TSXV:BQE:

  • Days Payable: 32.04 (36% below median its 10-year median of 49.84)
  • GF Value™: C$75.61 vs. price of C$74.94 (0.9% below fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 50.2% below the Waste Management median (#170 of 230)

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


BQE Water Business Description

Other Exchanges BTQNF:USAUL5A:Germany
Address 30 East 6th Avenue, Suite 200, Vancouver, BC, CAN, V5T 1J4
BQE Water Inc is a service provider specializing in water treatment and management for metals mining, smelting and refining. It is helping to transform the way the industry thinks about water in the context of natural resource projects by offering services and expertise that enable more sustainable water management practices and improved overall project performance at reduced risks. BQE Water invests in and has developed intellectual property through the commercialization of several new technologies at mine sites around the world for organizations including Glencore, Jiangxi Copper, Freeport-McMoRan and the US EPA.
85GF Score

Get the complete analysis for TSXV:BQE

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

C$74.94
Price
C$75.61
GF Value