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CHS (CHSCP.PFD) Receivables Turnover : 4.10 (As of Feb. 2019)


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What is CHS Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. CHS's Revenue for the three months ended in Feb. 2019 was $6,483.54 Mil. CHS's average Accounts Receivable for the three months ended in Feb. 2019 was $1,579.63 Mil. Hence, CHS's Receivables Turnover for the three months ended in Feb. 2019 was 4.10.

CHS Receivables Turnover Historical Data

The historical data trend for CHS's Receivables Turnover 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 Receivables Turnover Chart

CHS Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.99 17.52 16.87 20.92 23.04

CHS Quarterly Data
May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19
Receivables Turnover 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 5.73 6.91 5.68 5.11 4.10

Competitive Comparison of CHS's Receivables Turnover

For the Farm Products subindustry, CHS's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.

CHS's Receivables Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, CHS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where CHS's Receivables Turnover falls into.


CHS Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

CHS's Receivables Turnover for the fiscal year that ended in Aug. 2018 is calculated as

Receivables Turnover (A: Aug. 2018 )
=Revenue / Average Total Inventories
=Revenue (A: Aug. 2018 ) / ((Accounts Receivable (A: Aug. 2017 ) + Accounts Receivable (A: Aug. 2018 )) / count )
=32683.347 / ((1258.644 + 1578.764) / 2 )
=32683.347 / 1418.704
=23.04

CHS's Receivables Turnover for the quarter that ended in Feb. 2019 is calculated as

Receivables Turnover (Q: Feb. 2019 )
=Revenue / Average Total Inventories
=Revenue (Q: Feb. 2019 ) / ((Accounts Receivable (Q: Nov. 2018 ) + Accounts Receivable (Q: Feb. 2019 )) / count )
=6483.539 / ((1743.258 + 1415.994) / 2 )
=6483.539 / 1579.626
=4.10

* 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.

CHS  (NAS:CHSCP.PFD) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

CHS Receivables Turnover Related Terms

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CHS (CHSCP.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » CHS Inc (NAS:CHSCP.PFD) » Definitions » Receivables Turnover
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Traded in Other Exchanges
N/A
Address
5500 Cenex Drive, Inver Grove Heights, MN, USA, 55077
Website
https://www.chsinc.com
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.