Interfor (Interfor) Days Inventory : 38.26 (As of Dec. 2023)

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What is Interfor Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Interfor's Average Total Inventories for the three months ended in Dec. 2023 was $252 Mil. Interfor's Cost of Goods Sold for the three months ended in Dec. 2023 was $600 Mil. Hence, Interfor's Days Inventory for the three months ended in Dec. 2023 was 38.26.

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

IFSPF' s Days Inventory Range Over the Past 10 Years
Min: 34.93 Med: 38.32 Max: 43.76
Current: 42.35

During the past 13 years, Interfor's highest Days Inventory was 43.76. The lowest was 34.93. And the median was 38.32.

IFSPF's Days Inventory is ranked better than
86.33% of 278 companies
in the Forest Products industry
Industry Median: 87.975 vs IFSPF: 42.35

Interfor's Days Inventory declined from Dec. 2022 (44.83) to Dec. 2023 (38.26).

Inventory Turnover measures how fast the company turns over its inventory within a year. Interfor's Inventory Turnover for the three months ended in Dec. 2023 was 2.39.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Interfor's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.43.

Interfor Days Inventory Historical Data

The historical data trend for Interfor's Days Inventory 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 Inventory Chart

Interfor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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40.82

38.83

38.46

35.76

42.24

Interfor Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															44.83	48.70	42.55	39.46	38.26

Competitive Comparison of Interfor's Days Inventory

For the Lumber & Wood Production subindustry, Interfor's Days Inventory, along with its competitors' market caps and Days Inventory 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 Inventory Distribution in the Forest Products Industry

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

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

Interfor Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Interfor's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (292.16	+	252.832)	/	2 )	/	2354.577	*	365
=	272.496					/	2354.577	*	365
=	42.24

Interfor's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (250.61	+	252.832)	/	2 )	/	600.402	*	365 / 4
=	251.721					/	600.402	*	365 / 4
=	38.26

Interfor (OTCPK:IFSPF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Interfor's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	600.402	/	251.721
	=	2.39

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Interfor's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	251.721	/	585.793
	=	0.43

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Interfor Days Inventory Related Terms

Thank you for viewing the detailed overview of Interfor's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Interfor (Interfor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Interfor Corp (OTCPK:IFSPF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

8IF1:Germany IFP:Canada

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.