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CHS (CHSCL.PFD) Accounts Receivable : $1,415.99 Mil (As of Feb. 2019)


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What is CHS Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CHS's accounts receivables for the quarter that ended in Feb. 2019 was $1,415.99 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CHS's Days Sales Outstanding for the quarter that ended in Feb. 2019 was 19.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CHS's Net-Net Working Capital per share for the quarter that ended in Feb. 2019 was $N/A.


CHS Accounts Receivable Historical Data

The historical data trend for CHS's Accounts Receivable 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.

CHS Accounts Receivable Chart

CHS Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,153.93 1,793.15 1,804.65 1,258.64 1,578.76

CHS Quarterly Data
May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19
Accounts Receivable 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 1,106.00 1,505.27 1,578.76 1,743.26 1,415.99

CHS Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


CHS Accounts Receivable 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 receivables are being managed.

CHS's Days Sales Outstanding for the quarter that ended in Feb. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1415.994/6483.539*91
=19.93

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), CHS's accounts receivable are only considered to be worth 75% of book value:

CHS's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2019 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(367.307+0.75 * 1415.994+0.5 * 3554.78-8533.945
-2264.038-8.332)/0
=N/A

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


CHS Accounts Receivable Related Terms

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CHS (CHSCL.PFD) Business Description

Traded in Other Exchanges
N/A
Address
5500 Cenex Drive, Inver Grove Heights, MN, USA, 55077
CHS Inc is an integrated agricultural enterprise, that provides grain, food and energy resources to businesses and consumers. Its Energy segment produces and provides wholesale distribution of petroleum products and transportation of those products. Its Ag segment, which is the key revenue driver, purchases and processes or resells grains and oilseeds; serves as a wholesaler and retailer of crop inputs; produces and markets ethanol. Its Nitrogen Production segment consists of equity method investment in CF Nitrogen, which entitles to the purchase of up to a specified quantity of granular urea and UAN annually from CF Nitrogen. Maximum revenue is generated from Ag segment.
Executives
Perry Meyer director RR 3 BOX 130, NEW ULM MN 56073
Carl M Casale officer: President and CEO CHS INC., 5500 CENEX DRIVE, INVER GROVE HEIGHTS MN 55077
Michael Toelle director C/O CF INDUSTRIES HOLDINGS INC, 4 PARKWAY NORTH - SUITE 400, DEERFIELD IL 60015
Mark L Palmquist officer: EVP/COO - Grains & Foods 5500 CENEX DRIVE, C/O CHS INC, INVER GROVE HEIGHTS MN 55077
John D Johnson officer: President and CEO 5500 CENEX DRIVE, C/O CHS INC, INVER GROVE HEIGHTS MN 55077