GreenFirst Forest ProductsICLTF -10.71%48 Days Payable is 60.59 as of Mar. 2026, which is 34% above its 10-year median of 45.17. GuruFocus rates ICLTF with a GF Score™ of 48/100 and a GF Value™ of $1.52 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 276 Forest Products companies, GreenFirst Forest Products ranks worse than 64.13% on this metric.
* 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.
For the Lumber & Wood Production subindustry, GreenFirst Forest Products'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.
GreenFirst Forest Products Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, GreenFirst Forest Products's Days Payable distribution charts can be found below:
* The bar in red indicates where GreenFirst Forest Products's Days Payable falls into.
GreenFirst Forest Products 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.
* 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 (ICLTF) has a Days Payable of 60.59 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on GreenFirst Forest Products and its competitors. This is 34% above median its historical median of 45.17. Over the past decade, GreenFirst Forest Products' Days Payable has ranged from 35.96 to 53.00. According to the industry distribution chart, GreenFirst Forest Products ranks #177 out of 276 companies in the Forest Products industry, placing it in the top 64.1%.
Is GreenFirst Forest Products' Days Payable too high?
GreenFirst Forest Products' current Days Payable of 60.59 is 34% above median its 10-year median of 45.17. Over the past 10 years, this metric has ranged from a low of 35.96 to a high of 53.00. The Forest Products industry median Days Payable is 57.93. GreenFirst Forest Products' value of 60.59 is 4.6% above this industry median. Based on the distribution chart, GreenFirst Forest Products ranks #177 out of 276 companies in the Forest Products industry, which is below the industry midpoint. Overall, GreenFirst Forest Products has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GreenFirst Forest Products' Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, GreenFirst Forest Products ranks #177 out of 276 companies for Days Payable. This places GreenFirst Forest Products in the lower half of its industry. The industry median Days Payable is 57.93. GreenFirst Forest Products' value of 60.59 is 4.6% above this benchmark. Historically, GreenFirst Forest Products' own Days Payable has ranged from 35.96 to 53.00 over the past decade. While the company's 10-year median is 45.17 vs. the industry median of 57.93, GreenFirst Forest Products has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Forest Products company?
The median Days Payable among Forest Products companies is 57.93, based on 276 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GreenFirst Forest Products's current Days Payable of 60.59 is 4.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on GreenFirst Forest Products and its competitors. For the Forest Products industry, the median Days Payable is 57.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenFirst Forest Products's current Days Payable is 60.59, which is 34% above median its own 10-year median of 45.17. 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 (ICLTF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.52, compared to a current price of $1.25 — trading 17.8% below its estimated fair value. The current Days Payable is 60.59, which is 34% above median its 10-year median of 45.17 and 4.6% above the Forest Products industry median of 57.93. GreenFirst Forest Products' overall GF Score™ is 48/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For GreenFirst Forest Products (ICLTF), the current Days Payable is 60.59 as of Mar. 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 (ICLTF) Overvalued in 2026?
Based on GuruFocus' analysis, GreenFirst Forest Products stock appears to be undervalued.
The current stock price of $1.25 is trading 17.8% below its estimated GF Value™ of $1.52.
GuruFocus considers GreenFirst Forest Products to be Possible Value Trap.
Key valuation signals for ICLTF:
Days Payable: 60.59 (34% above median its 10-year median of 45.17)
GF Value™: $1.52 vs. price of $1.25 (17.8% below fair value)
Industry Position: 4.6% above the Forest Products median (#177 of 276)
No single metric tells the full story. See the ICLTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
48GF Score
Get the complete analysis for ICLTF
Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ICLTF has been successfully added to your 
