CHS (CHSCM.PFD) Other Current Assets: $1,241.55 Mil (As of Feb. 2019)


What is CHS Other Current Assets?

CHS CHSCM.PFD -0.74% Other Current Assets is $1,241.55 Mil as of Feb. 2019. The stock has 1 warning sign investors should review.

CHS's other current assets for the quarter that ended in Feb. 2019 was $1,241.55 Mil.

CHS's quarterly other current assets increased from Aug. 2018 ($1,013.54 Mil) to Nov. 2018 ($1,051.03 Mil) and increased from Nov. 2018 ($1,051.03 Mil) to Feb. 2019 ($1,241.55Mil).

CHS's annual other current assets declined from Aug. 2016 ($1,404.41 Mil) to Aug. 2017 ($955.96 Mil) increased from Aug. 2017 ($955.96 Mil) to Aug. 2018 ($1,013.54 Mil).

CHS Other Current Assets Related Terms

CHS Other Current Assets Historical Data

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The historical data trend for CHS's Other 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.

CHS Other Current Assets Chart

CHS Annual Data
Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,515.63 1,584.54 1,404.41 955.96 1,013.54

CHS Quarterly Data
May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19
Other 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 1,587.28 1,361.62 1,013.54 1,051.03 1,241.55

CHS Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of $1,241.55 Mil mean?
CHS (CHSCM.PFD) has a Other Current Assets of $1,241.55 Mil as of Feb. 2019. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on CHS.
Is CHS's Other Current Assets too high?
CHS's current Other Current Assets is $1,241.55 Mil.
How does CHS's Other Current Assets compare to RSSFF and NWGFF?
CHS's Other Current Assets of $1,241.55 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Consumer Packaged Goods company?
A good Other Current Assets depends on the Consumer Packaged Goods industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on CHS. CHS's current Other Current Assets is $1,241.55 Mil. 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 Other Current Assets of $1,241.55 Mil. The current Other Current Assets is $1,241.55 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For CHS (CHSCM.PFD), the current Other Current Assets is $1,241.55 Mil 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).