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CHS (CHSCP.PFD) Total Inventories : $3,554.78 Mil (As of Feb. 2019)


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What is CHS Total Inventories?

CHS's total inventories for the quarter that ended in Feb. 2019 was $3,554.78 Mil. CHS's average total inventories from the quarter that ended in Nov. 2018 to the quarter that ended in Feb. 2019 was $3,369.61 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CHS's Net-Net Working Capital per share for the quarter that ended in Feb. 2019 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CHS's Days Inventory for the three months ended in Feb. 2019 was 50.77.

Inventory Turnover measures how fast the company turns over its inventory within a year. CHS's Inventory Turnover for the quarter that ended in Feb. 2019 was 1.80.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. CHS's Inventory-to-Revenue for the quarter that ended in Feb. 2019 was 0.52.

CHS Total Inventories Historical Data

The historical data trend for CHS's Total Inventories 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 Total Inventories Chart

CHS Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,760.25 2,652.34 2,370.70 2,601.60 2,768.65

CHS Quarterly Data
May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19
Total Inventories 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 3,650.16 2,940.91 2,768.65 3,184.45 3,554.78

CHS Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

CHS  (NAS:CHSCP.PFD) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

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

Net-Net Working Capital Per Share (Q: Feb. 2019 )
=(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

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

CHS's Days Inventory for the three months ended in Feb. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2019 )/Cost of Goods Sold (Q: Feb. 2019 )*Days in Period
=3369.6145/6056.126*365 / 4
=50.77

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2019 ) / Average Total Inventories (Q: Feb. 2019 )
=6056.126 / 3369.6145
=1.80

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

CHS's Inventory to Revenue for the quarter that ended in Feb. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2019 ) / Revenue (Q: Feb. 2019 )
=3369.6145 / 6483.539
=0.52

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

CHS Total Inventories 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 » Total Inventories
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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.