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The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Cenovus Energy's Revenue for the
three
months ended in Mar. 2026 was C$13,339 Mil. Cenovus Energy's average Accounts Receivable for the
three
months ended in Mar. 2026 was C$3,890 Mil.
Hence, Cenovus Energy's Receivables Turnover for the
three
months ended in Mar. 2026 was 3.43.
Cenovus Energy (TSX:CVE) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Cenovus Energy Receivables Turnover Related Terms
Cenovus Energy Receivables Turnover Historical Data
* Premium members only.
The historical data trend for Cenovus Energy's Receivables Turnover 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.
TSX:CVE vs XOM, CVX: Receivables Turnover Comparison
For the Oil & Gas Integrated subindustry, Cenovus Energy's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cenovus Energy's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Cenovus Energy's Receivables Turnover falls into.
* 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 (TSX:CVE) has a Receivables Turnover of 3.43 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Cenovus Energy and its competitors. According to the industry distribution chart, Cenovus Energy ranks #159 out of 891 companies in the Oil & Gas industry, placing it in the top 17.8%.
Is Cenovus Energy's Receivables Turnover too high?
Cenovus Energy's current Receivables Turnover is 3.43. The Oil & Gas industry median Receivables Turnover is 8.00. Cenovus Energy's value of 3.43 is 57.1% below this industry median. Based on the distribution chart, Cenovus Energy ranks #159 out of 891 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Cenovus Energy has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's Receivables Turnover compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Cenovus Energy ranks #159 out of 891 companies for Receivables Turnover. This places Cenovus Energy in the top 18% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 8.00. Cenovus Energy's value of 3.43 is 57.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Oil & Gas company?
The median Receivables Turnover among Oil & Gas companies is 8.00, based on 891 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cenovus Energy's current Receivables Turnover of 3.43 is 57.1% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Cenovus Energy and its competitors. For the Oil & Gas industry, the median Receivables Turnover is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cenovus Energy's current Receivables Turnover is 3.43. 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 (TSX:CVE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$22.15, compared to a current price of C$39.12 — trading 76.6% above its estimated fair value. The current Receivables Turnover is 3.43 and 57.1% below the Oil & Gas industry median of 8.00. Cenovus Energy's overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Cenovus Energy (TSX:CVE), the current Receivables Turnover is 3.43 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 (TSX:CVE) Overvalued in 2026?
Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued.
The current stock price of C$39.12 is trading 76.6% above its estimated GF Value™ of C$22.15.
GuruFocus considers Cenovus Energy to be Significantly Overvalued.
Key valuation signals for TSX:CVE:
Receivables Turnover: 3.43
GF Value™: C$22.15 vs. price of C$39.12 (76.6% above fair value)
Industry Position: 57.1% below the Oil & Gas median (#159 of 891)
No single metric tells the full story. See the TSX: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.
65GF Score
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