CHS (CHSCM.PFD) Days Payable: 28.87 (As of Feb. 2019)


What is CHS Days Payable?

CHS CHSCM.PFD -0.74% Days Payable is 28.87 as of Feb. 2019. The stock has 1 warning sign investors should review.

CHS's average Accounts Payable for the three months ended in Feb. 2019 was $1,916.00 Mil. CHS's Cost of Goods Sold for the three months ended in Feb. 2019 was $6,056.13 Mil. Hence, CHS's Days Payable for the three months ended in Feb. 2019 was 28.87.

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

CHSCM.PFD's Days Payable is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 44.15
* Ranked among companies with meaningful Days Payable only.

CHS's Days Payable increased from Feb. 2018 (28.10) to Feb. 2019 (28.87). It may suggest that CHS delayed paying its suppliers.

CHS Days Payable Historical Data

* Premium members only.

The historical data trend for CHS's Days Payable 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.

CHS Days Payable Chart

CHS Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.58 22.18 22.56 22.33 22.16

CHS Quarterly Data
May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19
Days Payable 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 28.10 19.55 20.32 23.04 28.87

CHSCM.PFD vs RSSFF, NWGFF, TURV: Days Payable Comparison

For the Farm Products subindustry, CHS's Days Payable, along with its competitors' market caps and Days Payable 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 Days Payable vs Consumer Packaged Goods Industry

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

* The bar in red indicates where CHS's Days Payable falls into.


CHS Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

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

Days Payable (A: Aug. 2018 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Aug. 2017 ) + Accounts Payable (A: Aug. 2018 )) / count ) / Cost of Goods Sold (A: Aug. 2018 )*Days in Period
=( (1991.294 + 1844.489) / 2 ) / 31589.887*365
=1917.8915 / 31589.887*365
=22.16

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

Days Payable (Q: Feb. 2019 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2018 ) + Accounts Payable (Q: Feb. 2019 )) / count ) / Cost of Goods Sold (Q: Feb. 2019 )*Days in Period
=( (2202.487 + 1629.511) / 2 ) / 6056.126*365 / 4
=1915.999 / 6056.126*365 / 4
=28.87

* 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.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 28.87 mean?
CHS (CHSCM.PFD) has a Days Payable of 28.87 as of Feb. 2019. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CHS and its competitors.
Is CHS's Days Payable too high?
CHS's current Days Payable is 28.87. The Consumer Packaged Goods industry median Days Payable is 44.15. CHS's value of 28.87 is 34.6% below this industry median.
How does CHS's Days Payable compare to RSSFF and NWGFF?
CHS's Days Payable of 28.87 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Payable is 44.15. CHS's value of 28.87 is 34.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Consumer Packaged Goods company?
The median Days Payable among Consumer Packaged Goods companies is 44.15, based on 1,883 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CHS's current Days Payable of 28.87 is 34.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on CHS and its competitors. For the Consumer Packaged Goods industry, the median Days Payable is 44.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CHS's current Days Payable is 28.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CHS stock overvalued right now?
CHS (CHSCM.PFD) has a current Days Payable of 28.87. The current Days Payable is 28.87 and 34.6% below the Consumer Packaged Goods industry median of 44.15. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For CHS (CHSCM.PFD), the current Days Payable is 28.87 as of Feb. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

CHS Business Description

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 the purchase of up to a specified quantity of granular urea and UAN annually from CF Nitrogen. Geographically, the company derives maximum revenue from North America and the rest from South America, Asia Pacific, Europe, Middle East, and Africa (EMEA).