SNSGF (Sense Technologies) Change In Receivables: $-0.02 Mil (TTM As of Nov. 2016)

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What is Sense Technologies Change In Receivables?

Sense Technologies SNSGF -99.00% Change In Receivables is $-0.02 Mil as of Nov. 2016.

Sense Technologies's change in receivables for the quarter that ended in Nov. 2016 was $-0.05 Mil. It means Sense Technologies's Accounts Receivable increased by $0.05 Mil from Aug. 2016 to Nov. 2016 .

Sense Technologies's change in receivables for the fiscal year that ended in Feb. 2016 was $-0.04 Mil. It means Sense Technologies's Accounts Receivable increased by $0.04 Mil from Feb. 2015 to Feb. 2016 .

Sense Technologies's Accounts Receivable for the quarter that ended in Nov. 2016 was $0.06 Mil.

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 Receivable are being managed. Sense Technologies's Days Sales Outstanding for the three months ended in Nov. 2016 was 16.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sense Technologies's liquidation value for the three months ended in Nov. 2016 was $-8.36 Mil.

Sense Technologies  (OTCPK:SNSGF) Change In Receivables 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 Receivable are being managed.

Sense Technologies's Days Sales Outstanding for the quarter that ended in Nov. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.06/0.326*91
=16.79

2. In Ben Graham's calculation of liquidation value, Sense Technologies's accounts receivable are only considered to be worth 75% of book value:

Sense Technologies's liquidation value for the quarter that ended in Nov. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.002-8.595+0.75 * 0.06+0.5 * 0.386
=-8.36

* 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.

Sense Technologies Change In Receivables Related Terms

Sense Technologies Change In Receivables Historical Data

* Premium members only.

The historical data trend for Sense Technologies's Change In Receivables 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.

Sense Technologies Change In Receivables Chart

Sense Technologies Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.00 -0.05 0.04 0.01 -0.04

Sense Technologies Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
Change In Receivables 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 0.00 0.00 0.02 0.01 -0.05

Sense Technologies Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Nov. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

* 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 Change In Receivables →
What does a Change In Receivables of $-0.02 Mil mean?
Sense Technologies (SNSGF) has a Change In Receivables of $-0.02 Mil as of Nov. 2016. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sense Technologies and its competitors.
Is Sense Technologies' Change In Receivables too high?
Sense Technologies' current Change In Receivables is $-0.02 Mil.
How does Sense Technologies' Change In Receivables compare to CSHEF and AMTY?
Sense Technologies' Change In Receivables of $-0.02 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Vehicles & Parts company?
A good Change In Receivables depends on the Vehicles & Parts industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sense Technologies and its competitors. Sense Technologies's current Change In Receivables is $-0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sense Technologies stock overvalued right now?
Sense Technologies (SNSGF) has a current Change In Receivables of $-0.02 Mil. The current Change In Receivables is $-0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Sense Technologies (SNSGF), the current Change In Receivables is $-0.02 Mil as of Nov. 2016. 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.

Sense Technologies Business Description

Address 2535 North Carleton Avenue, Grand Island, NE, USA, 68803
Sense Technologies Inc. is a developer and marketer of driver aids for the automotive industry. The Company holds a non-exclusive license to manufacture, distribute, market and sell the ScopeOut product, a system of specially designed mirrors which are placed at specific points on automobiles, trucks, sport utility vehicles or commercial vehicles to offer drivers a more complete view behind the vehicle.