Conifex Timber (TSX:CFF) Days Sales Outstanding

: 22.80 (As of Dec. 2023)

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Conifex Timber's average Accounts Receivable for the three months ended in Dec. 2023 was C$8.8 Mil. Conifex Timber's Revenue for the three months ended in Dec. 2023 was C$35.3 Mil. Hence, Conifex Timber's Days Sales Outstanding for the three months ended in Dec. 2023 was 22.80.

The historical rank and industry rank for Conifex Timber's Days Sales Outstanding or its related term are showing as below:

TSX:CFF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.94 Med: 25.14 Max: 60.51
Current: 24.44

During the past 13 years, Conifex Timber's highest Days Sales Outstanding was 60.51. The lowest was 13.94. And the median was 25.14.

TSX:CFF's Days Sales Outstanding is ranked better than
87.76% of 286 companies
in the Forest Products industry
Industry Median: 53.85 vs TSX:CFF: 24.44

Conifex Timber's Days Sales Outstanding declined from Dec. 2022 (32.84) to Dec. 2023 (22.80).

Conifex Timber Days Sales Outstanding Historical Data

The historical data trend for Conifex Timber's Days Sales Outstanding 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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Conifex Timber Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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60.51

34.30

13.94

15.11

22.74

Conifex Timber Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															32.84	31.05	32.29	15.16	22.80

Competitive Comparison

For the Lumber & Wood Production subindustry, Conifex Timber's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Conifex Timber Days Sales Outstanding Distribution

For the Forest Products industry and Basic Materials sector, Conifex Timber's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Conifex Timber's Days Sales Outstanding falls into.

Conifex Timber Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Conifex Timber's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (10.381	+	7.21)	/	2 )	/	141.158	*	365
=	8.7955					/	141.158	*	365
=	22.74

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

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (10.419	+	7.21)	/	2 )	/	35.278	*	365 / 4
=	8.8145					/	35.278	*	365 / 4
=	22.80

Conifex Timber (TSX:CFF) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Conifex Timber Days Sales Outstanding Related Terms

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Conifex Timber (TSX:CFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Conifex Timber Inc (TSX:CFF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CFXTF:USA 5CA:Germany

Address

980-700 West Georgia Street, Vancouver, BC, CAN, V7Y 1B6

Website

https://www.conifex.com

Conifex Timber Inc is a Canada-based forestry company. It operates through two segments: Lumber and Bioenergy. The main activities of the lumbar segment include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber finishing. The firm's primary activities in the bioenergy segment are the generation of electrical power and the development of other opportunities in bioenergy and bioproducts which are complementary to the company's harvesting and manufacturing operations. The firm's main activities areas are the United States, Chinese, Canadian and Japanese markets. The revenues are generated from lumber in the United States of America.

Executives

John Michael Costello

Director

Conifex Timber (TSX:CFF) Headlines

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