SELECT id, `name`, primary_key, `key`, treemapgroup, name_cn, zacks_table_name, compare_key, compare_display_name from gurufocu_main.financial_definition where termpagedisplay=1 and `key` = 'DaysPayable' Interfor (FRA:8IF1) Days Payable
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Interfor Corp (FRA:8IF1) » Definitions » Days Payable

Interfor (FRA:8IF1) Days Payable

: 29.89 (As of Dec. 2023)
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Interfor's average Accounts Payable for the three months ended in Dec. 2023 was €180 Mil. Interfor's Cost of Goods Sold for the three months ended in Dec. 2023 was €551 Mil. Hence, Interfor's Days Payable for the three months ended in Dec. 2023 was 29.89.

The historical rank and industry rank for Interfor's Days Payable or its related term are showing as below:

FRA:8IF1' s Days Payable Range Over the Past 10 Years
Min: 27.22   Med: 31.55   Max: 34.81
Current: 30.17

During the past 13 years, Interfor's highest Days Payable was 34.81. The lowest was 27.22. And the median was 31.55.

FRA:8IF1's Days Payable is ranked worse than
78.21% of 280 companies
in the Forest Products industry
Industry Median: 56.375 vs FRA:8IF1: 30.17

Interfor's Days Payable declined from Dec. 2022 (34.47) to Dec. 2023 (29.89). It may suggest that Interfor accelerated paying its suppliers.


Interfor Days Payable Historical Data

The historical data trend for Interfor's Days Payable 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.

* Premium members only.

Interfor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Payable
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.73 31.39 33.58 27.16 31.73

Interfor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.47 32.22 28.06 29.54 29.89

Competitive Comparison

For the Lumber & Wood Production subindustry, Interfor's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Interfor Days Payable Distribution

For the Forest Products industry and Basic Materials sector, Interfor's Days Payable distribution charts can be found below:

* The bar in red indicates where Interfor's Days Payable falls into.



Interfor Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Interfor's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

Days Payable (A: Dec. 2023 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2022 ) + Accounts Payable (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (198.459 + 176.961) / 2 ) / 2159.146*365
=187.71 / 2159.146*365
=31.73

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

Days Payable (Q: Dec. 2023 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Sep. 2023 ) + Accounts Payable (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (183.716 + 176.961) / 2 ) / 550.569*365 / 4
=180.3385 / 550.569*365 / 4
=29.89

* 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.


Interfor Days Payable Related Terms

Thank you for viewing the detailed overview of Interfor's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.


Interfor (FRA:8IF1) Business Description

Traded in Other Exchanges
Address
1600-4720 Kingsway, Metrotower II, Burnaby, BC, CAN, V5H 4N2
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 (FRA:8IF1) Headlines

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