CanforTSX:CFP -0.80%68 Days Payable is 54.27 as of Mar. 2026, which is 29% above its 10-year median of 42.17. GuruFocus rates TSX:CFP with a GF Score™ of 68/100 and a GF Value™ of C$15.18 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 276 Forest Products companies, Canfor ranks better than 53.99% on this metric.
Canfor's average Accounts Payable for the
three
months ended in Mar. 2026 was C$662 Mil. Canfor's Cost of Goods Sold for the
three
months ended in Mar. 2026 was C$1,112 Mil.
Hence, Canfor's Days Payable for the
three
months ended in Mar. 2026 was 54.27.
The historical rank and industry rank for Canfor's Days Payable or its related term are showing as below:
TSX:CFP'
s Days Payable Range Over the Past 10 Years
Min: 29.32 Med: 42.17 Max: 60.87
Current: 60.87
During the past 13 years, Canfor's highest Days Payable was 60.87. The lowest was 29.32. And the median was 42.17.
TSX:CFP's Days Payable is ranked better than 53.99% of 276
companies
in the Forest Products industry
Industry Median: 57.93
vs TSX:CFP: 60.87
Canfor's Days Payable
declined
from Mar. 2025 (56.17) to Mar. 2026 (54.27).
It may suggest that Canforaccelerated paying its suppliers.
Canfor Days Payable Related Terms
Canfor Days Payable Historical Data
* Premium members only.
The historical data trend for Canfor'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.
TSX:CFP vs SSD, UFPI, BCC: Days Payable Comparison
For the Lumber & Wood Production subindustry, Canfor'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.
Canfor Days Payable vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Canfor's Days Payable distribution charts can be found below:
* The bar in red indicates where Canfor's Days Payable falls into.
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.
Canfor's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Canfor (TSX:CFP) has a Days Payable of 54.27 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 Canfor and its competitors. This is 29% above median its historical median of 42.17. Over the past decade, Canfor's Days Payable has ranged from 29.32 to 60.87. According to the industry distribution chart, Canfor ranks #127 out of 276 companies in the Forest Products industry, placing it in the top 46%.
Is Canfor's Days Payable too high?
Canfor's current Days Payable of 54.27 is 29% above median its 10-year median of 42.17. Over the past 10 years, this metric has ranged from a low of 29.32 to a high of 60.87. The Forest Products industry median Days Payable is 57.93. Canfor's value of 54.27 is 6.3% below this industry median. Based on the distribution chart, Canfor ranks #127 out of 276 companies in the Forest Products industry, which is above the industry midpoint. Overall, Canfor has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Canfor's Days Payable compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Canfor ranks #127 out of 276 companies for Days Payable. This puts Canfor in the upper half of its industry. The industry median Days Payable is 57.93. Canfor's value of 54.27 is 6.3% below this benchmark. Historically, Canfor's own Days Payable has ranged from 29.32 to 60.87 over the past decade. While the company's 10-year median is 42.17 vs. the industry median of 57.93, Canfor has consistently been below 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. Canfor's current Days Payable of 54.27 is 6.3% below 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 Canfor 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. Canfor's current Days Payable is 54.27, which is 29% above median its own 10-year median of 42.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canfor stock overvalued right now?
Based on GuruFocus' analysis, Canfor (TSX:CFP) is currently considered Modestly Undervalued. The stock's GF Value™ is C$15.18, compared to a current price of C$13.71 — trading 9.7% below its estimated fair value. The current Days Payable is 54.27, which is 29% above median its 10-year median of 42.17 and 6.3% below the Forest Products industry median of 57.93. Canfor's overall GF Score™ is 68/100 with 7 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 Canfor (TSX:CFP), the current Days Payable is 54.27 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 Canfor (TSX:CFP) Overvalued in 2026?
Based on GuruFocus' analysis, Canfor stock appears to be undervalued.
The current stock price of C$13.71 is trading 9.7% below its estimated GF Value™ of C$15.18.
GuruFocus considers Canfor to be Modestly Undervalued.
Key valuation signals for TSX:CFP:
Days Payable: 54.27 (29% above median its 10-year median of 42.17)
GF Value™: C$15.18 vs. price of C$13.71 (9.7% below fair value)
Industry Position: 6.3% below the Forest Products median (#127 of 276)
No single metric tells the full story. See the TSX:CFP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canfor is a softwood lumber company that also owns Canfor Pulp Products. It is active throughout North America and Europe, with lumber mills in British Columbia, Alberta, the Southeastern United States, and Sweden. It has two reportable segments: lumber and pulp and paper. The lumber segment includes Canfor's sawmilling and remanufacturing operations. The pulp and paper segment includes the kraft pulp, kraft paper, and bleached chemi-thermomechanical pulp businesses of Canfor Pulp.
68GF Score
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