Western Forest Products (Western Forest Products) Change In Receivables : $-3.4 Mil (TTM As of Mar. 2024)

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What is Western Forest Products Change In Receivables?

Western Forest Products's change in receivables for the quarter that ended in Mar. 2024 was $-9.3 Mil. It means Western Forest Products's Accounts Receivable increased by $9.3 Mil from Dec. 2023 to Mar. 2024 .

Western Forest Products's change in receivables for the fiscal year that ended in Dec. 2023 was $5.0 Mil. It means Western Forest Products's Accounts Receivable declined by $5.0 Mil from Dec. 2022 to Dec. 2023 .

Western Forest Products's Accounts Receivable for the quarter that ended in Mar. 2024 was $46.9 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. Western Forest Products's Days Sales Outstanding for the three months ended in Mar. 2024 was 24.19.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Western Forest Products's liquidation value for the three months ended in Mar. 2024 was $-132.9 Mil.

Western Forest Products Change In Receivables Historical Data

The historical data trend for Western Forest 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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Western Forest Products Change In Receivables Chart

Western Forest Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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51.56

-32.32

6.48

-0.37

4.99

Western Forest 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															-0.95	-1.51	6.65	0.75	-9.31

Western Forest 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 $-3.4 Mil.

Western Forest Products (OTCPK:WFSTF) 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.

Western Forest 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
=	46.912	/	176.936	*	91
=	24.19

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

Western Forest 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)
=	1.847	-	247.71	+	0.75 * 46.912	+	0.5 * 155.585
=	-132.9

Western Forest Products Change In Receivables Related Terms

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Western Forest Products (Western Forest Products) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Western Forest Products Inc (OTCPK:WFSTF) » Definitions » Change In Receivables

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NWF:Germany WEF:Canada

Address

1055 West Georgia Street, Suite 800, P.O. Box 11122, Royal Centre Building, Vancouver, BC, CAN, V6E 3P3

Website

https://www.westernforest.com

Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprises Timber harvesting, Log sales, and Lumber manufacturing and sales. The firm purchases and harvests logs which are then manufactured into lumber products at its sawmills, or sold. Canada and the United States, represent the company's large markets and contribute the vast majority of its total revenue.