Acadian Timber (Acadian Timber) Days Payable : 56.84 (As of Dec. 2023)

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What is Acadian Timber Days Payable?

Acadian Timber's average Accounts Payable for the three months ended in Dec. 2023 was $8.01 Mil. Acadian Timber's Cost of Goods Sold for the three months ended in Dec. 2023 was $12.86 Mil. Hence, Acadian Timber's Days Payable for the three months ended in Dec. 2023 was 56.84.

The historical rank and industry rank for Acadian Timber's Days Payable or its related term are showing as below:

ACAZF' s Days Payable Range Over the Past 10 Years
Min: 30.17 Med: 51.23 Max: 58.77
Current: 58.13

During the past 13 years, Acadian Timber's highest Days Payable was 58.77. The lowest was 30.17. And the median was 51.23.

ACAZF's Days Payable is ranked better than
52.14% of 280 companies
in the Forest Products industry
Industry Median: 56.375 vs ACAZF: 58.13

Acadian Timber's Days Payable declined from Dec. 2022 (61.63) to Dec. 2023 (56.84). It may suggest that Acadian Timber accelerated paying its suppliers.

Acadian Timber Days Payable Historical Data

The historical data trend for Acadian Timber'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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Acadian Timber Days Payable Chart

Acadian Timber Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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46.12

52.68

49.00

59.62

58.37

Acadian Timber 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															61.63	67.29	62.66	47.66	56.84

Competitive Comparison of Acadian Timber's Days Payable

For the Lumber & Wood Production subindustry, Acadian Timber'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.

Acadian Timber's Days Payable Distribution in the Forest Products Industry

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

* The bar in red indicates where Acadian Timber's Days Payable falls into.

Acadian Timber 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.

Acadian Timber'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
=	( (8.249	+	6.984)	/	2 )	/	47.626	*	365
=	7.6165					/	47.626	*	365
=	58.37

Acadian Timber'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
=	( (9.03	+	6.984)	/	2 )	/	12.855	*	365 / 4
=	8.007					/	12.855	*	365 / 4
=	56.84

Acadian Timber Days Payable Related Terms

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Acadian Timber (Acadian Timber) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Acadian Timber Corp (OTCPK:ACAZF) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

779:Germany ADN:Canada

Address

365 Canada Road, Edmundston, NB, CAN, E3V 1W2

Website

https://www.acadiantimber.com

Acadian Timber Corp is a Canada-based supplier of primary forest products in Eastern Canada and the Northeastern United States. The company's operating segments include NB Timberlands and Maine Timberlands. It generates maximum revenue from the NB Timberlands segment. The company's product includes softwood and hardwood sawlogs, pulpwood and biomass by-products.