Canfor Pulp Products (TSX:CFX) Change In Receivables : C$32.9 Mil (TTM As of Mar. 2024)

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What is Canfor Pulp Products Change In Receivables?

Canfor Pulp Products's change in receivables for the quarter that ended in Mar. 2024 was C$-1.5 Mil. It means Canfor Pulp Products's Accounts Receivable increased by C$1.5 Mil from Dec. 2023 to Mar. 2024 .

Canfor Pulp Products's change in receivables for the fiscal year that ended in Dec. 2023 was C$33.5 Mil. It means Canfor Pulp Products's Accounts Receivable declined by C$33.5 Mil from Dec. 2022 to Dec. 2023 .

Canfor Pulp Products's Accounts Receivable for the quarter that ended in Mar. 2024 was C$46.6 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Canfor Pulp Products's Days Sales Outstanding for the three months ended in Mar. 2024 was 19.13.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Canfor Pulp Products's liquidation value for the three months ended in Mar. 2024 was C$-185.7 Mil.

Canfor Pulp Products Change In Receivables Historical Data

The historical data trend for Canfor Pulp Products's Change In Receivables 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 Pulp Products Change In Receivables Chart

Canfor Pulp Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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28.10

6.80

1.60

-11.40

33.50

Canfor Pulp Products Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-0.90	26.30	6.00	2.10	-1.50

Canfor Pulp Products Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$32.9 Mil.

Canfor Pulp Products (TSX:CFX) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Canfor Pulp Products's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	46.6	/	222.3	*	91
=	19.13

2. In Ben Graham's calculation of liquidation value, Canfor Pulp Products's accounts receivable are only considered to be worth 75% of book value:

Canfor Pulp Products's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	26.1	-	324.1	+	0.75 * 46.6	+	0.5 * 154.7
=	-185.7

Canfor Pulp Products Change In Receivables Related Terms

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Canfor Pulp Products (TSX:CFX) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Canfor Pulp Products Inc (TSX:CFX) » Definitions » Change In Receivables

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Traded in Other Exchanges

CFPUF:USA 8CP:Germany

Address

100-1700 West 75th Avenue, Vancouver, BC, CAN, V6P 6G2

Website

https://www.canfor.com

Canfor Pulp Products Inc produces and sells northern bleached softwood kraft pulp, or NBSK pulp and paper. The company also generates and sells electricity from biomass out of its pulp plants in Western Canada. The firm organizes itself into two segments based on product: pulp and paper. The pulp segment generates Majority of the revenue. Canfor Pulp's NBSK pulp customers are typically manufacturers of tissue paper, specialty paper, and printing and writing paper. Majority of Canfor Pulp's revenue comes from Asia. The majority of the company's shares are owned by Canfor Corporation.

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