Cenovus Energy (MEX:CVE N) Total Inventories: MXN54,243 Mil (As of Mar. 2026)


MEX:CVE N Cenovus Energy Inc MEX:CVE N
66 GF Score
Price MXN415.00
GF Value MXN265.04
! 3 Warning Signs
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What is Cenovus Energy Total Inventories?

Cenovus Energy MEX:CVE N 66 Total Inventories is MXN54,243 Mil as of Mar. 2026. GuruFocus rates MEX:CVE N with a GF Score™ of 66/100 and a GF Value™ of MXN265.04. The stock has 3 warning signs investors should review.

Cenovus Energy's total inventories for the quarter that ended in Mar. 2026 was MXN54,243 Mil. Cenovus Energy's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was MXN48,977 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Cenovus Energy's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was MXN-169.55.

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 Mar. 2026 was 37.39.

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 Mar. 2026 was 2.44.

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 quarter that ended in Mar. 2026 was 0.28.


Cenovus Energy  (MEX:CVE N) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Cenovus Energy's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(33844.171+0.75 * 62220.701+0.5 * 54242.677-424727.916
-0-210.294)/1871.502
=-169.55

2. 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 Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=48977.478/119525.783*365 / 4
=37.39

3. 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 Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=119525.783 / 48977.478
=2.44

4. 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 quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=48977.478 / 175319.377
=0.28

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Cenovus Energy Total Inventories Related Terms


Cenovus Energy Total Inventories Historical Data

* Premium members only.

The historical data trend for Cenovus Energy's Total Inventories 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.

Cenovus Energy Total Inventories Chart

Cenovus Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62,808.10 61,882.04 50,988.54 65,815.42 43,712.28

Cenovus Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 61,505.71 53,961.06 41,451.47 43,712.28 54,242.68
MEX:CVE N
66GF Score
Cenovus Energy Inc MEX:CVE N
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Cenovus Energy Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of MXN54,243 Mil mean?
Cenovus Energy (MEX:CVE N) has a Total Inventories of MXN54,243 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Cenovus Energy and its competitors.
Is Cenovus Energy's Total Inventories too high?
Cenovus Energy's current Total Inventories is MXN54,243 Mil. Overall, Cenovus Energy has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's Total Inventories compare to XOM and CVX?
Cenovus Energy's Total Inventories of MXN54,243 Mil 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 Total Inventories for an Oil & Gas company?
A good Total Inventories depends on the Oil & Gas industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Cenovus Energy and its competitors. Cenovus Energy's current Total Inventories is MXN54,243 Mil. 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?
Cenovus Energy (MEX:CVE N) has a current Total Inventories of MXN54,243 Mil. The stock's GF Value™ is MXN265.04, compared to a current price of MXN415.00 — trading 56.6% above its estimated fair value. The current Total Inventories is MXN54,243 Mil. Cenovus Energy's overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Cenovus Energy (MEX:CVE N), the current Total Inventories is MXN54,243 Mil 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 Cenovus Energy (MEX:CVE N) Overvalued in 2026?

Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued. The current stock price of MXN415.00 is trading 56.6% above its estimated GF Value™ of MXN265.04.

Key valuation signals for MEX:CVE N:

  • Total Inventories: MXN54,243 Mil
  • GF Value™: MXN265.04 vs. price of MXN415.00 (56.6% above fair value)
  • GF Score™: 66/100 with 3 warning signs

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


Cenovus Energy Business Description

Industry EnergyOil & Gas
Address 225 - 6 Avenue SW, Suite 4100, Calgary, AB, CAN, T2P 1N2
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.
66GF Score

Get the complete analysis for MEX:CVE N

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

MXN415.00
Price
MXN265.04
GF Value