WEEEF (Western Energy Services) Days Payable: 124.12 (As of Mar. 2026) — 38% Above Median


WEEEF Western Energy Services Corp WEEEF
52 GF Score
Price $2.30
GF Value $1.75
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Western Energy Services Days Payable?

Western Energy Services WEEEF 52 Days Payable is 124.12 as of Mar. 2026, which is 38% above its 10-year median of 90.19. GuruFocus rates WEEEF with a GF Score™ of 52/100 and a GF Value™ of $1.75 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 853 Oil & Gas companies, Western Energy Services ranks better than 80.77% on this metric.

Western Energy Services's average Accounts Payable for the three months ended in Mar. 2026 was $9.3 Mil. Western Energy Services's Cost of Goods Sold for the three months ended in Mar. 2026 was $6.8 Mil. Hence, Western Energy Services's Days Payable for the three months ended in Mar. 2026 was 124.12.

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

WEEEF' s Days Payable Range Over the Past 10 Years
Min: 24.74   Med: 90.19   Max: 165.64
Current: 165.64

During the past 13 years, Western Energy Services's highest Days Payable was 165.64. The lowest was 24.74. And the median was 90.19.

WEEEF's Days Payable is ranked better than
80.77% of 853 companies
in the Oil & Gas industry
Industry Median: 57.73 vs WEEEF: 165.64

Western Energy Services's Days Payable declined from Mar. 2025 (173.34) to Mar. 2026 (124.12). It may suggest that Western Energy Services accelerated paying its suppliers.


Western Energy Services Days Payable Historical Data

* Premium members only.

The historical data trend for Western 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.

Western Energy Services Days Payable Chart

Western 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 87.46 154.08 143.54 101.51 91.40

Western 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 173.34 205.86 172.05 127.25 124.12

WEEEF vs NE, RIG, VAL: Days Payable Comparison

For the Oil & Gas Drilling subindustry, Western 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.


Western Energy Services Days Payable vs Oil & Gas Industry

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

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


WEEEF
52GF Score
Western Energy Services Corp WEEEF
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Western 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.

Western 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
=( (7.474 + 7.552) / 2 ) / 30.003*365
=7.513 / 30.003*365
=91.40

Western 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
=( (7.552 + 10.96) / 2 ) / 6.805*365 / 4
=9.256 / 6.805*365 / 4
=124.12

* 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 124.12 mean?
Western Energy Services (WEEEF) has a Days Payable of 124.12 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 Western Energy Services and its competitors. This is 38% above median its historical median of 90.19. Over the past decade, Western Energy Services' Days Payable has ranged from 24.74 to 165.64. According to the industry distribution chart, Western Energy Services ranks #164 out of 853 companies in the Oil & Gas industry, placing it in the top 19.2%.
Is Western Energy Services' Days Payable too high?
Western Energy Services' current Days Payable of 124.12 is 38% above median its 10-year median of 90.19. Over the past 10 years, this metric has ranged from a low of 24.74 to a high of 165.64. The Oil & Gas industry median Days Payable is 57.73. Western Energy Services' value of 124.12 is 115% above this industry median. Based on the distribution chart, Western Energy Services ranks #164 out of 853 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Western Energy Services has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Energy Services' Days Payable compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Western Energy Services ranks #164 out of 853 companies for Days Payable. This places Western Energy Services in the top 19% of its industry — outperforming the majority of peers. The industry median Days Payable is 57.73. Western Energy Services' value of 124.12 is 115% above this benchmark. Historically, Western Energy Services' own Days Payable has ranged from 24.74 to 165.64 over the past decade. While the company's 10-year median is 90.19 vs. the industry median of 57.73, Western Energy Services 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 57.73, based on 853 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. Western Energy Services's current Days Payable of 124.12 is 115% 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 Western Energy Services and its competitors. For the Oil & Gas industry, the median Days Payable is 57.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Energy Services's current Days Payable is 124.12, which is 38% above median its own 10-year median of 90.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Western Energy Services (WEEEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.75, compared to a current price of $2.30 — trading 31.4% above its estimated fair value. The current Days Payable is 124.12, which is 38% above median its 10-year median of 90.19 and 115% above the Oil & Gas industry median of 57.73. Western Energy Services' overall GF Score™ is 52/100 with 6 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 Western Energy Services (WEEEF), the current Days Payable is 124.12 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 Western Energy Services (WEEEF) Overvalued in 2026?

Based on GuruFocus' analysis, Western Energy Services stock appears to be overvalued. The current stock price of $2.30 is trading 31.4% above its estimated GF Value™ of $1.75. GuruFocus considers Western Energy Services to be Significantly Overvalued.

Key valuation signals for WEEEF:

  • Days Payable: 124.12 (38% above median its 10-year median of 90.19)
  • GF Value™: $1.75 vs. price of $2.30 (31.4% above fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 115% above the Oil & Gas median (#164 of 853)

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


Western Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges W1T:GermanyWRG:Canada
Address 215, 9th Avenue SW, Suite 1700, Calgary, AB, CAN, T2P 1K3
Western Energy Services Corp is an energy service company providing contract drilling services through its division, Horizon Drilling in Canada, and its wholly owned subsidiary in the United States. The company provides production services in Canada through its division Eagle Well Servicing (Eagle) which provides well servicing and its division Aero Rental Services (Aero), which provides rental equipment services. It operates in two segments. Contract drilling includes drilling rigs along with related ancillary equipment. Production services include well servicing rigs and related equipment, as well as rental equipment. The contract drilling segment derives the majority of the revenue.
52GF Score

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

$2.30
Price
$1.75
GF Value