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Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Cenovus Energy's Average Total Inventories for the quarter that ended in Jun. 2026 was $3,015 Mil. Cenovus Energy's Revenue for the
three
months ended in Jun. 2026 was $12,588 Mil.
Cenovus Energy's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.24.
Cenovus Energy's Inventory-to-Revenue for the quarter that ended in Jun. 2026
declined
from Mar. 2026 (0.30) to Mar. 2026 (0.24)
A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cenovus Energy's Days Inventory for the
three
months ended in Jun. 2026 was 29.31.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cenovus Energy's Inventory Turnover for the quarter that ended in Jun. 2026 was 3.11.
Cenovus Energy (NYSE:CVE) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cenovus Energy's Days Inventory for the
three
months ended in Jun. 2026 is calculated as:
* 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.
Cenovus Energy Inventory-to-Revenue Related Terms
Cenovus Energy Inventory-to-Revenue Historical Data
* Premium members only.
The historical data trend for Cenovus Energy's Inventory-to-Revenue 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.
For the Oil & Gas Integrated subindustry, Cenovus Energy's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
Cenovus Energy Inventory-to-Revenue vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cenovus Energy's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Cenovus Energy's Inventory-to-Revenue falls into.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Cenovus Energy's Inventory-to-Revenue for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Cenovus Energy (CVE) has a Inventory-to-Revenue of 0.24 as of Jun. 2026. Inventory-to-Sales ratio is the total inventories divided by total sales. View historical data on Cenovus Energy and its competitors.
Is Cenovus Energy's Inventory-to-Revenue too high?
Cenovus Energy's current Inventory-to-Revenue is 0.24. Overall, Cenovus Energy has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's Inventory-to-Revenue compare to XOM and CVX?
Cenovus Energy's Inventory-to-Revenue of 0.24 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory-to-Revenue for an Oil & Gas company?
A good Inventory-to-Revenue depends on the Oil & Gas industry context. However, Inventory-to-Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory-to-Revenue mean?
A high Inventory-to-Revenue can signal that a stock is expensive relative to its fundamentals. Inventory-to-Sales ratio is the total inventories divided by total sales. View historical data on Cenovus Energy and its competitors. Cenovus Energy's current Inventory-to-Revenue is 0.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenovus Energy stock overvalued right now?
Based on GuruFocus' analysis, Cenovus Energy (CVE) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.06, compared to a current price of $33.78 — trading 87% above its estimated fair value. The current Inventory-to-Revenue is 0.24. Cenovus Energy's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory-to-Revenue calculated?
Inventory-to-Revenue is calculated from a company's financial statements. For Cenovus Energy (CVE), the current Inventory-to-Revenue is 0.24 as of Jun. 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 Cenovus Energy (CVE) Overvalued in 2026?
Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued.
The current stock price of $33.78 is trading 87% above its estimated GF Value™ of $18.06.
GuruFocus considers Cenovus Energy to be Significantly Overvalued.
Key valuation signals for CVE:
Inventory-to-Revenue: 0.24
GF Value™: $18.06 vs. price of $33.78 (87% above fair value)
No single metric tells the full story. See the CVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cenovus Energy Inc is a Canadian integrated energy group. The group's upstream operations include oil sands projects in northern Alberta; thermal and conventional crude oil, natural gas, and natural gas liquids (NGLs) projects across Western Canada; crude oil production offshore Newfoundland and Labrador; and natural gas and NGLs production offshore China and Indonesia. Its downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada. The group's reportable segments are: Oil Sands, Conventional, Offshore, Canadian Refining, U.S Refining, and Corporate and Eliminations. Maximum revenue is generated from its Oil Sands segment. Geographically, the group derives maximum revenue from the U.S., followed by Canada and China.
54GF Score
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