GreenFirst Forest Products (TSX:GFP) Accounts Receivable: C$14.2 Mil (As of Jun. 2026)

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TSX:GFP GreenFirst Forest Products Inc TSX:GFP
46 GF Score
Price C$1.85
GF Value C$2.39
Valuation Modestly Undervalued
! 7 Warning Signs
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What is GreenFirst Forest Products Accounts Receivable?

GreenFirst Forest Products TSX:GFP -5.13% 46 Accounts Receivable is C$14.2 Mil as of Jun. 2026. GuruFocus rates TSX:GFP with a GF Score™ of 46/100 and a GF Value™ of C$2.39 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GreenFirst Forest Products's accounts receivables for the quarter that ended in Jun. 2026 was C$14.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GreenFirst Forest Products's Days Sales Outstanding for the quarter that ended in Jun. 2026 was 13.46.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GreenFirst Forest Products's Net-Net Working Capital per share for the quarter that ended in Jun. 2026 was C$-4.69.


GreenFirst Forest Products Accounts Receivable 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 receivables are being managed.

GreenFirst Forest Products's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=14.18/96.099*91
=13.46

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), GreenFirst Forest Products's accounts receivable are only considered to be worth 75% of book value:

GreenFirst Forest Products's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.825+0.75 * 14.18+0.5 * 83.006-163.514
-0-0)/23.165
=-4.69

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


GreenFirst Forest Products Accounts Receivable Related Terms


GreenFirst Forest Products Accounts Receivable Historical Data

* Premium members only.

The historical data trend for GreenFirst Forest Products's Accounts Receivable 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.

GreenFirst Forest Products Accounts Receivable Chart

GreenFirst Forest Products Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.61 20.96 15.30 7.33 13.32

GreenFirst Forest Products Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accounts Receivable Get a 7-Day Free Trial 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 13.96 11.66 13.32 11.88 14.18
TSX:GFP
46GF Score
GreenFirst Forest Products Inc TSX:GFP
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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GreenFirst Forest Products Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of C$14.2 Mil mean?
GreenFirst Forest Products (TSX:GFP) has a Accounts Receivable of C$14.2 Mil as of Jun. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on GreenFirst Forest Products and its competitors.
Is GreenFirst Forest Products' Accounts Receivable too high?
GreenFirst Forest Products' current Accounts Receivable is C$14.2 Mil. Overall, GreenFirst Forest Products has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GreenFirst Forest Products' Accounts Receivable compare to SSD and UFPI?
GreenFirst Forest Products' Accounts Receivable of C$14.2 Mil can be compared against companies in the Forest Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Forest Products company?
A good Accounts Receivable depends on the Forest Products industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on GreenFirst Forest Products and its competitors. GreenFirst Forest Products's current Accounts Receivable is C$14.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenFirst Forest Products stock overvalued right now?
Based on GuruFocus' analysis, GreenFirst Forest Products (TSX:GFP) is currently considered Modestly Undervalued. The stock's GF Value™ is C$2.39, compared to a current price of C$1.85 — trading 22.6% below its estimated fair value. The current Accounts Receivable is C$14.2 Mil. GreenFirst Forest Products' overall GF Score™ is 46/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For GreenFirst Forest Products (TSX:GFP), the current Accounts Receivable is C$14.2 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GreenFirst Forest Products (TSX:GFP) Overvalued in 2026?

Based on GuruFocus' analysis, GreenFirst Forest Products stock appears to be undervalued. The current stock price of C$1.85 is trading 22.6% below its estimated GF Value™ of C$2.39. GuruFocus considers GreenFirst Forest Products to be Modestly Undervalued.

Key valuation signals for TSX:GFP:

  • Accounts Receivable: C$14.2 Mil
  • GF Value™: C$2.39 vs. price of C$1.85 (22.6% below fair value)
  • GF Score™: 46/100 with 7 warning signs

No single metric tells the full story. See the TSX:GFP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GreenFirst Forest Products Business Description

Other Exchanges ICLTF:USAIMT1:Germany
Address 222 McIntyre Street West, Unit 200, North Bay, ON, CAN, P1B 2Y8
GreenFirst Forest Products Inc operates as a forest products business consisting of four operating sawmills located in Ontario. The company manufactures and markets a range of spruce-pine-fir (SPF) lumber products for use in residential and commercial construction, with by-products from production sold to pulp producers. It operates in a single operating segment, being lumber products. The group's geographic markets are Canada and the United States, with the majority of revenue derived from the United States. The company generates almost all of its revenue from the sale of Lumber products and a small portion of its revenue from the sale of Chips, by-products, and other.
46GF Score

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Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$1.85
Price
C$2.39
GF Value