Wescan Energy (TSXV:WCE) Days Payable: 73.34 (As of Mar. 2026) — 84% Below Median

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What is Wescan Energy Days Payable?

Wescan Energy TSXV:WCE Days Payable is 73.34 as of Mar. 2026, which is 84% below its 10-year median of 471.07. The stock has 3 warning signs investors should review. Among 850 Oil & Gas companies, Wescan Energy ranks better than 70.47% on this metric.

Wescan Energy's average Accounts Payable for the three months ended in Mar. 2026 was C$0.61 Mil. Wescan Energy's Cost of Goods Sold for the three months ended in Mar. 2026 was C$0.75 Mil. Hence, Wescan Energy's Days Payable for the three months ended in Mar. 2026 was 73.34.

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

TSXV:WCE' s Days Payable Range Over the Past 10 Years
Min: 112.06   Med: 471.07   Max: 1198.64
Current: 112.06

During the past 13 years, Wescan Energy's highest Days Payable was 1198.64. The lowest was 112.06. And the median was 471.07.

TSXV:WCE's Days Payable is ranked better than
70.47% of 850 companies
in the Oil & Gas industry
Industry Median: 58.46 vs TSXV:WCE: 112.06

Wescan Energy's Days Payable declined from Mar. 2025 (164.92) to Mar. 2026 (73.34). It may suggest that Wescan Energy accelerated paying its suppliers.


Wescan Energy Days Payable Historical Data

* Premium members only.

The historical data trend for Wescan 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.

Wescan Energy Days Payable Chart

Wescan Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,136.69 540.59 577.03 130.10 121.79

Wescan Energy 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 164.92 188.22 164.56 86.58 73.34

TSXV:WCE vs COP, EOG, FANG: Days Payable Comparison

For the Oil & Gas E&P subindustry, Wescan 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.


Wescan Energy Days Payable vs Oil & Gas Industry

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

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



Wescan Energy 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.

Wescan Energy's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (0.534 + 0.74) / 2 ) / 1.909*365
=0.637 / 1.909*365
=121.79

Wescan Energy'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
=( (0.472 + 0.74) / 2 ) / 0.754*365 / 4
=0.606 / 0.754*365 / 4
=73.34

* 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 73.34 mean?
Wescan Energy (TSXV:WCE) has a Days Payable of 73.34 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 Wescan Energy and its competitors. This is 84% below median its historical median of 471.07. Over the past decade, Wescan Energy's Days Payable has ranged from 112.06 to 1,198.64. According to the industry distribution chart, Wescan Energy ranks #251 out of 850 companies in the Oil & Gas industry, placing it in the top 29.5%.
Is Wescan Energy's Days Payable too high?
Wescan Energy's current Days Payable of 73.34 is 84% below median its 10-year median of 471.07. Over the past 10 years, this metric has ranged from a low of 112.06 to a high of 1,198.64. The Oil & Gas industry median Days Payable is 58.46. Wescan Energy's value of 73.34 is 25.5% above this industry median. Based on the distribution chart, Wescan Energy ranks #251 out of 850 companies in the Oil & Gas industry, which is above the industry midpoint.
How does Wescan Energy's Days Payable compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Wescan Energy ranks #251 out of 850 companies for Days Payable. This puts Wescan Energy in the upper half of its industry. The industry median Days Payable is 58.46. Wescan Energy's value of 73.34 is 25.5% above this benchmark. Historically, Wescan Energy's own Days Payable has ranged from 112.06 to 1,198.64 over the past decade. While the company's 10-year median is 471.07 vs. the industry median of 58.46, Wescan 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 58.46, based on 850 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. Wescan Energy's current Days Payable of 73.34 is 25.5% 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 Wescan Energy and its competitors. For the Oil & Gas industry, the median Days Payable is 58.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wescan Energy's current Days Payable is 73.34, which is 84% below median its own 10-year median of 471.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wescan Energy stock overvalued right now?
Based on GuruFocus' analysis, Wescan Energy (TSXV:WCE) is currently considered Modestly Overvalued. The stock's GF Value™ is C$0.08, compared to a current price of C$0.10 — trading 25% above its estimated fair value. The current Days Payable is 73.34, which is 84% below median its 10-year median of 471.07 and 25.5% above the Oil & Gas industry median of 58.46. 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 Wescan Energy (TSXV:WCE), the current Days Payable is 73.34 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.

Wescan Energy Business Description

Industry EnergyOil & Gas
Address 520 - 5th Avenue SW, Suite 2500, Calgary, AB, CAN, T2P 3R5
Wescan Energy Corp is in the business of oil and gas exploration, development and production with oil and gas operations and property interests in Alberta, Canada and Texas, U.S.A. It operates in a single reporting segment which is Oil and Gas Exploration and Production.