West Fraser Timber Co.Ltd (TSX:WFG) Days Payable : 44.92 (As of Dec. 2023)

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What is West Fraser Timber Co.Ltd Days Payable?

West Fraser Timber Co.Ltd's average Accounts Payable for the three months ended in Dec. 2023 was C$738 Mil. West Fraser Timber Co.Ltd's Cost of Goods Sold for the three months ended in Dec. 2023 was C$1,499 Mil. Hence, West Fraser Timber Co.Ltd's Days Payable for the three months ended in Dec. 2023 was 44.92.

The historical rank and industry rank for West Fraser Timber Co.Ltd's Days Payable or its related term are showing as below:

TSX:WFG' s Days Payable Range Over the Past 10 Years
Min: 23.16 Med: 25.82 Max: 43.76
Current: 43.76

During the past 13 years, West Fraser Timber Co.Ltd's highest Days Payable was 43.76. The lowest was 23.16. And the median was 25.82.

TSX:WFG's Days Payable is ranked worse than
62.5% of 280 companies
in the Forest Products industry
Industry Median: 56.04 vs TSX:WFG: 43.76

West Fraser Timber Co.Ltd's Days Payable declined from Dec. 2022 (46.76) to Dec. 2023 (44.92). It may suggest that West Fraser Timber Co.Ltd accelerated paying its suppliers.

West Fraser Timber Co.Ltd Days Payable Historical Data

The historical data trend for West Fraser Timber Co.Ltd'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.

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West Fraser Timber Co.Ltd Days Payable Chart

West Fraser Timber Co.Ltd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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23.16

25.85

23.93

29.01

33.21

West Fraser Timber Co.Ltd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															46.76	39.76	49.62	52.05	44.92

Competitive Comparison of West Fraser Timber Co.Ltd's Days Payable

For the Lumber & Wood Production subindustry, West Fraser Timber Co.Ltd'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.

West Fraser Timber Co.Ltd's Days Payable Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, West Fraser Timber Co.Ltd's Days Payable distribution charts can be found below:

* The bar in red indicates where West Fraser Timber Co.Ltd's Days Payable falls into.

West Fraser Timber Co.Ltd 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.

West Fraser Timber Co.Ltd'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
=	( (584.155	+	559.447)	/	2 )	/	6285.396	*	365
=	571.801					/	6285.396	*	365
=	33.21

West Fraser Timber Co.Ltd'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
=	( (916.049	+	559.447)	/	2 )	/	1498.567	*	365 / 4
=	737.748					/	1498.567	*	365 / 4
=	44.92

West Fraser Timber Co.Ltd Days Payable Related Terms

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West Fraser Timber Co.Ltd (TSX:WFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » West Fraser Timber Co.Ltd (TSX:WFG) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

WFG:USA WFC:Germany WFC:Germany

Address

c/o West Fraser Group, 858 Beatty Street, Vancouver, BC, CAN, V6B 1C1

Website

https://www.westfraser.com

West Fraser Timber is a softwood lumber company that also produces wood panels and pulp products. The company produces its wood products globally, with lumber mills in British Columbia, Alberta, Europe, and the southeastern United States. Following its acquisition of Norbord in 2021, West Fraser is now one of the largest oriented strand board, or OSB, producers in the world.