Interfor (TSX:IFP) Buildings And Improvements

: C$249 Mil (As of Dec. 2022)

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Interfor's quarterly buildings and improvements stayed the same from Jun. 2022 (C$0 Mil) to Sep. 2022 (C$0 Mil) but then increased from Sep. 2022 (C$0 Mil) to Dec. 2022 (C$249 Mil).

Interfor's annual buildings and improvements increased from Dec. 2020 (C$138 Mil) to Dec. 2021 (C$159 Mil) and increased from Dec. 2021 (C$159 Mil) to Dec. 2022 (C$249 Mil).

Interfor Buildings And Improvements Historical Data

The historical data trend for Interfor's Buildings And Improvements 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

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Buildings And Improvements

138.28

141.85

138.31

158.96

248.75

Interfor Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Buildings And Improvements																158.96	-	-	-	248.75

Interfor Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction. Broker and architect fees, permits, etc. can be covered within this category. Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized. Improvements are commonly recorded at acquisition cost. Building improvement examples include roofing, remodeling, replacements, etc.

Interfor (TSX:IFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Interfor Corp (TSX:IFP) » Definitions » Buildings And Improvements

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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