Interfor (TSX:IFP) Accounts Payable & Accrued Expense

: C$259 Mil (As of Dec. 2023)

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Interfor's quarterly accounts payable & accrued expense increased from Jun. 2023 (C$238 Mil) to Sep. 2023 (C$266 Mil) but then declined from Sep. 2023 (C$266 Mil) to Dec. 2023 (C$259 Mil).

Interfor's annual accounts payable & accrued expense increased from Dec. 2021 (C$284 Mil) to Dec. 2022 (C$286 Mil) but then declined from Dec. 2022 (C$286 Mil) to Dec. 2023 (C$259 Mil).

Interfor Accounts Payable & Accrued Expense Historical Data

The historical data trend for Interfor's Accounts Payable & Accrued Expense 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.

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Interfor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

114.52

154.90

283.66

285.90

259.10

Interfor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense																285.90	257.79	237.80	266.30	259.10

Interfor Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Interfor (TSX:IFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Interfor Corp (TSX:IFP) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

IFSPF:USA 8IF1:Germany

Address

1600-4720 Kingsway, Metrotower II, Burnaby, BC, CAN, V5H 4N2

Website

https://www.interfor.com

Interfor Corp produces and sells lumber, timber, and other wood products. The company operates sawmills to convert timber into lumber, logs, wood chips, and other wood products for sale. The firm also harvests timber for its sawmills on forest land owned by the Canadian government. Interfor pays the Canadian government stumpage fees based on the number of trees it harvests. The company's primary customers are in the construction and renovation industries. The majority of revenue is generated from the sale of lumber. The majority of Interfor's revenue comes from the United States.

Interfor (TSX:IFP) Headlines

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