Canfor Pulp Products (TSX:CFX) Days Inventory : 106.36 (As of Dec. 2024)

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What is Canfor Pulp Products Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Canfor Pulp Products's Average Total Inventories for the three months ended in Dec. 2024 was C$148.2 Mil. Canfor Pulp Products's Cost of Goods Sold for the three months ended in Dec. 2024 was C$127.1 Mil. Hence, Canfor Pulp Products's Days Inventory for the three months ended in Dec. 2024 was 106.36.

The historical rank and industry rank for Canfor Pulp Products's Days Inventory or its related term are showing as below:

TSX:CFX' s Days Inventory Range Over the Past 10 Years
Min: 72.95 Med: 82.55 Max: 92.57
Current: 87.72

During the past 13 years, Canfor Pulp Products's highest Days Inventory was 92.57. The lowest was 72.95. And the median was 82.55.

TSX:CFX's Days Inventory is ranked worse than
50.92% of 273 companies
in the Forest Products industry
Industry Median: 87.12 vs TSX:CFX: 87.72

Canfor Pulp Products's Days Inventory increased from Dec. 2023 (88.91) to Dec. 2024 (106.36). It might indicate that Canfor Pulp Products's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Canfor Pulp Products's Inventory Turnover for the three months ended in Dec. 2024 was 0.86.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Canfor Pulp Products's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.91.

Canfor Pulp Products Days Inventory Historical Data

The historical data trend for Canfor Pulp Products's Days Inventory 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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Canfor Pulp Products Days Inventory Chart

Canfor Pulp Products Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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86.70

84.74

83.17

81.92

92.57

Canfor Pulp Products Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															88.91	78.31	78.42	88.43	106.36

Competitive Comparison of Canfor Pulp Products's Days Inventory

For the Paper & Paper Products subindustry, Canfor Pulp Products's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Canfor Pulp Products's Days Inventory Distribution in the Forest Products Industry

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

* The bar in red indicates where Canfor Pulp Products's Days Inventory falls into.

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Canfor Pulp Products Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Canfor Pulp Products's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (165.9	+	155.5)	/	2 )	/	633.6	*	365
=	160.7					/	633.6	*	365
=	92.57

Canfor Pulp Products's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (140.8	+	155.5)	/	2 )	/	127.1	*	365 / 4
=	148.15					/	127.1	*	365 / 4
=	106.36

Canfor Pulp Products (TSX:CFX) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Canfor Pulp Products's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	127.1	/	148.15
	=	0.86

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Canfor Pulp Products's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	148.15	/	163.1
	=	0.91

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Canfor Pulp Products Days Inventory Related Terms

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

Canfor Pulp Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Canfor Pulp Products Inc (TSX:CFX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CFPUF:USA 8CP:Germany

Address

230-1700 West 75th Avenue, Vancouver, BC, CAN, V6P 6G2

Website

https://www.canfor.com

Canfor Pulp Products Inc produces and sells northern bleached softwood kraft pulp, or NBSK pulp and paper. The company also generates and sells electricity from biomass out of its pulp plants in Western Canada. The firm organizes itself into two segments based on product: pulp and paper. The pulp segment generates majority of the revenue, which is engaged in purchase of residual fibre, and production and sale of pulp products, including NBSK pulp and BCTMP as well as energy revenues. Geographically, the company generates majority of its revenue from Asia and rest from United States, Canada, Europe and other regions.

Executives

Stan Bracken-horrocks	Director
Mans Johansson	Director or Senior Officer of 10% Security Holder
Peter John Gerald Bentley	Director, Director or Senior Officer of 10% Security Holder
Conrad Alfred Pinette	Director

Canfor Pulp Products Headlines

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