Interfor (TSX:IFP) Days Payable : 29.16 (As of Sep. 2024)

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What is Interfor Days Payable?

Interfor's average Accounts Payable for the three months ended in Sep. 2024 was C$221 Mil. Interfor's Cost of Goods Sold for the three months ended in Sep. 2024 was C$691 Mil. Hence, Interfor's Days Payable for the three months ended in Sep. 2024 was 29.16.

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

TSX:IFP' s Days Payable Range Over the Past 10 Years
Min: 27.22 Med: 31.55 Max: 34.81
Current: 28.93

During the past 13 years, Interfor's highest Days Payable was 34.81. The lowest was 27.22. And the median was 31.55.

TSX:IFP's Days Payable is ranked worse than
78.62% of 276 companies
in the Forest Products industry
Industry Median: 56.865 vs TSX:IFP: 28.93

Interfor's Days Payable declined from Sep. 2023 (29.50) to Sep. 2024 (29.16). It may suggest that Interfor accelerated paying its suppliers.

Interfor Days Payable Historical Data

The historical data trend for Interfor'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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Interfor Days Payable Chart

Interfor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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28.43

30.54

34.60

27.22

31.46

Interfor Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Payable	Get a 7-Day Free Trial															29.50	29.69	28.75	28.41	29.16

Competitive Comparison of Interfor's Days Payable

For the Lumber & Wood Production subindustry, Interfor'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.

Interfor's Days Payable Distribution in the Forest Products Industry

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

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

Interfor 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.

Interfor'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
=	( (285.6	+	258.9)	/	2 )	/	3158.9	*	365
=	272.25					/	3158.9	*	365
=	31.46

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

	Days Payable (Q: Sep. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2024 )	+	Accounts Payable (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (225.1	+	216.3)	/	2 )	/	690.6	*	365 / 4
=	220.7					/	690.6	*	365 / 4
=	29.16

Interfor Days Payable Related Terms

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Interfor Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

IFSPF:USA 8IF1:Germany 8IF1:Germany

Address

1600-4720 Kingsway, Metrotower II, Burnaby, BC, CAN, V5H 4N2

Website

https://www.interfor.com

Interfor Corp produces and sells lumber, timber, and other wood products. The company operates sawmills to convert timber into lumber, logs, wood chips, and other wood products for sale. The firm also harvests timber for its sawmills on forest land owned by the Canadian government. Interfor pays the Canadian government stumpage fees based on the number of trees it harvests. The company's primary customers are in the construction and renovation industries. The majority of revenue is generated from the sale of lumber. The majority of Interfor's revenue comes from the United States.

Executives

Timothy Hartnett	Senior Officer
Ronda Nicolle Butcher	Director
Richard Pozzebon	Senior Officer
Ian Fillinger	Director, Senior Officer
Thomas Voysey Milroy	Director
Andrew Horahan	Senior Officer
Simon Bruce Luxmoore	Senior Officer
Eric Larouche	Senior Officer
E. Lawrence Sauder	Director, Senior Officer
Xenia Kritsos	Senior Officer
Douglas William Geoffrey Whitehead	Director
Barton Bender	Senior Officer
Martin Leb Juravsky	Senior Officer
Mark Stock	Senior Officer

Interfor Headlines

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