Canfor (TSX:CFP) Days Payable : 61.06 (As of Dec. 2024)

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What is Canfor Days Payable?

Canfor's average Accounts Payable for the three months ended in Dec. 2024 was C$673 Mil. Canfor's Cost of Goods Sold for the three months ended in Dec. 2024 was C$1,007 Mil. Hence, Canfor's Days Payable for the three months ended in Dec. 2024 was 61.06.

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: 24.49 Med: 38.13 Max: 57.24
Current: 57.24

During the past 13 years, Canfor's highest Days Payable was 57.24. The lowest was 24.49. And the median was 38.13.

TSX:CFP's Days Payable is ranked better than
50.72% of 276 companies
in the Forest Products industry
Industry Median: 56.43 vs TSX:CFP: 57.24

Canfor's Days Payable increased from Dec. 2023 (53.72) to Dec. 2024 (61.06). It may suggest that Canfor delayed paying its suppliers.

Canfor Days Payable Historical Data

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.

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Canfor Days Payable Chart

Canfor Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Payable

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44.87

46.60

41.31

43.02

48.70

Canfor Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Payable	Get a 7-Day Free Trial															53.72	52.17	57.67	67.63	61.06

Competitive Comparison of Canfor's Days Payable

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's Days Payable Distribution in the 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.

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Canfor 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.

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

	Days Payable (A: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2023 )	+	Accounts Payable (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (540.5	+	608.5)	/	2 )	/	4306.1	*	365
=	574.5					/	4306.1	*	365
=	48.70

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

	Days Payable (Q: Dec. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2024 )	+	Accounts Payable (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (738.4	+	608.5)	/	2 )	/	1006.5	*	365 / 4
=	673.45					/	1006.5	*	365 / 4
=	61.06

Canfor Days Payable Related Terms

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Canfor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Canfor Corp (TSX:CFP) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

CFPZF:USA NKC:Germany

Address

101-161 East 4th Avenue, Vancouver, BC, CAN, V5T 1G4

Website

https://www.canfor.com

Canfor is a softwood lumber company that also owns around half of Canfor Pulp. 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 and the pulp and paper segment includes the kraft pulp, kraft paper, and bleached chemi-thermomechanical pulp businesses of Canfor Pulp.

Executives

Susan L Yurkovich	Senior Officer
John Russell Baird	Director
Kevin Paul Horsnell	Senior Officer
Mans Johansson	Senior Officer
Barbara Hislop	Director
Peter John Gerald Bentley	Director
Conrad Alfred Pinette	Director

Canfor Headlines

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