The Grecians face Oxford United at St James Park in the week, looking for their first win of the year after three straight defeats in League Two.
Despite the disappointing loss against the Dons, Davies is hopeful there are still positives to be taken from the Kingsmeadow clash.
"The energy levels and the way we competed against Wimbledon were brilliant, and we showed some good football in patches," the Welshman told the club's official website. "The way we conceded goals is unacceptable and we are gutted to have lost that game.
"The conditions were harsh and varying, but that was the same for both teams and they managed to pip us in the end so the lads are gutted. But we'll pick ourselves up ahead of Tuesday and turn around quickly.
"We'll take in the energy and commitment – everyone was putting their bodies on the line, closing things down and showing determination and grit."
Exeter sit six points above the relegation zone, which is currently occupied by Northampton Town and Torquay United.