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Conifex Timber (TSX:CFF) Total Current Assets : C$61.1 Mil (As of Mar. 2024)


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What is Conifex Timber Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Conifex Timber's total current assets for the quarter that ended in Mar. 2024 was C$61.1 Mil.

Conifex Timber Total Current Assets Historical Data

The historical data trend for Conifex Timber's Total Current Assets 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.

* Premium members only.

Conifex Timber Total Current Assets Chart

Conifex Timber Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 286.26 48.85 77.74 93.28 57.05

Conifex Timber Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 93.50 70.60 66.09 57.05 61.15

Conifex Timber Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Conifex Timber's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=4.191+7.21+22.989+22.663
=57.1

Conifex Timber's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=4.232+12.294+25.651+18.972
=61.1

* 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.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Conifex Timber  (TSX:CFF) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Conifex Timber's Liquidation Value for the quarter that ended in Mar. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.232-110.133+0.75 * 12.294+0.5 * 25.651
=-83.9

* 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.

Conifex Timber Total Current Assets Related Terms

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Conifex Timber (TSX:CFF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Conifex Timber Inc (TSX:CFF) » Definitions » Total Current Assets
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TSX:GDL TSX:GFP OSTO:SCA A SSD UFPI TSX:WFG TSX:SJ BOM:532548 XLIS:COR SZSE:002043 TSX:CFP BSP:DXCO3 SHSE:600189 XKRX:025900 TSX:IFP XTER:ST5 SZSE:000592 SZSE:000910 BOM:542857 BOM:526797
Traded in Other Exchanges
CFXTF:USA 5CA:Germany
Address
980-700 West Georgia Street, Vancouver, BC, CAN, V7Y 1B6
Website
https://www.conifex.com
Conifex Timber Inc is a Canada-based forestry company. It operates through two segments: Lumber and Bioenergy. The main activities of the lumbar segment include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber finishing. The firm's primary activities in the bioenergy segment are the generation of electrical power and the development of other opportunities in bioenergy and bioproducts which are complementary to the company's harvesting and manufacturing operations. The firm's main activities areas are the United States, Chinese, Canadian and Japanese markets. The revenues are generated from lumber in the United States of America.
Executives
John Michael Costello Director

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