Interfor (TSX:IFP) Change In Receivables

: C$-7 Mil (TTM As of Dec. 2023)

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Interfor's change in receivables for the quarter that ended in Dec. 2023 was C$32 Mil. It means Interfor's Accounts Receivable declined by C$32 Mil from Sep. 2023 to Dec. 2023 .

Interfor's change in receivables for the fiscal year that ended in Dec. 2023 was C$-8 Mil. It means Interfor's Accounts Receivable increased by C$8 Mil from Dec. 2022 to Dec. 2023 .

Interfor's Accounts Receivable for the quarter that ended in Dec. 2023 was C$184 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Interfor's Days Sales Outstanding for the three months ended in Dec. 2023 was 21.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Interfor's liquidation value for the three months ended in Dec. 2023 was C$-1,307 Mil.

Interfor Change In Receivables Historical Data

The historical data trend for Interfor's Change In Receivables 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

Change In Receivables

1.52

-30.21

-29.16

135.40

-7.50

Interfor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables																100.30	-53.89	16.20	-1.60	31.80

Interfor Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-7 Mil.

Interfor (TSX:IFP) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Interfor's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	184.4	/	785.9	*	91
=	21.41

2. In Ben Graham's calculation of liquidation value, Interfor's accounts receivable are only considered to be worth 75% of book value:

Interfor's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	55	-	1669.9	+	0.75 * 184.4	+	0.5 * 339.2
=	-1,307

Interfor Change In Receivables Related Terms

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Interfor (TSX:IFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Interfor Corp (TSX:IFP) » Definitions » Change In Receivables

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.

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