Western Forest Products (TSX:WEF) Accounts Payable & Accrued Expense : C$103 Mil (As of Dec. 2023)

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What is Western Forest Products Accounts Payable & Accrued Expense?

Western Forest Products's quarterly accounts payable & accrued expense declined from Jun. 2023 (C$110 Mil) to Sep. 2023 (C$85 Mil) but then increased from Sep. 2023 (C$85 Mil) to Dec. 2023 (C$103 Mil).

Western Forest Products's annual accounts payable & accrued expense declined from Dec. 2021 (C$177 Mil) to Dec. 2022 (C$109 Mil) and declined from Dec. 2022 (C$109 Mil) to Dec. 2023 (C$103 Mil).

Western Forest Products Accounts Payable & Accrued Expense Historical Data

The historical data trend for Western Forest Products's Accounts Payable & Accrued Expense 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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Western Forest Products Accounts Payable & Accrued Expense Chart

Western Forest Products Annual Data

Trend

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Dec23

Accounts Payable & Accrued Expense

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35.00

108.70

176.90

108.70

103.00

Western Forest Products Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															108.70	103.20	109.90	84.70	103.00

Western Forest Products Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Western Forest Products (TSX:WEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Western Forest Products Inc (TSX:WEF) » Definitions » Accounts Payable & Accrued Expense

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WFSTF:USA NWF:Germany

Address

1055 West Georgia Street, Suite 800, P.O. Box 11122, Royal Centre Building, Vancouver, BC, CAN, V6E 3P3

Website

https://www.westernforest.com

Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprises Timber harvesting, Log sales, and Lumber manufacturing and sales. The firm purchases and harvests logs which are then manufactured into lumber products at its sawmills, or sold. Canada and the United States, represent the company's large markets and contribute the vast majority of its total revenue.

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