You can use the same Cv for gases and liquids, but if teh pressure drop thru the valve exceeds 5% of the inelt pressure, tehn you should add a compressibility correction factor. See the ISA handbook of control valves
For liquids and low pressure drop gases;
W(lb/hr) = 63.2 * Cv *SQRT {DP(psi)/ sv,i(lbm/ft3)}
For gases where the DP/Pi > 0.05, then use the following :
W=63.2*Cv*Y*SQRT {x*Pi/sv,i}
Y=1-0.33(x/Fk/Xt)
x=min {DP/Pi, Fk/Xt)
Fk=(Cp/1.4/CV) ( this CV is heat capacity)
Xt= valve index for choked flow due to oblique shock waves, typically .75-.85 for globe, .65 angle, 0.2 ball
max value of Y is 0.67 , occurs during choked flow when
x= Fk/Xt