SNSGF (Sense Technologies) Days Inventory: 295.99 (As of Nov. 2016)


What is Sense Technologies Days Inventory?

Sense Technologies SNSGF -99.00% Days Inventory is 295.99 as of Nov. 2016.

Days Inventory is also known as Days Sales of Inventory (DSI). Sense Technologies's Average Total Inventories for the three months ended in Nov. 2016 was $0.39 Mil. Sense Technologies's Cost of Goods Sold for the three months ended in Nov. 2016 was $0.12 Mil. Hence, Sense Technologies's Days Inventory for the three months ended in Nov. 2016 was 295.99.

The historical rank and industry rank for Sense Technologies's Days Inventory or its related term are showing as below:

SNSGF's Days Inventory is not ranked *
in the Vehicles & Parts industry.
Industry Median: 80.26
* Ranked among companies with meaningful Days Inventory only.

Sense Technologies's Days Inventory increased from Nov. 2015 (0.00) to Nov. 2016 (295.99). It might indicate that Sense Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sense Technologies's Inventory Turnover for the three months ended in Nov. 2016 was 0.31.

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. Sense Technologies's Inventory-to-Revenue for the three months ended in Nov. 2016 was 1.18.

Sense Technologies  (OTCPK:SNSGF) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Sense Technologies's Inventory Turnover for the three months ended in Nov. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.119 / 0.386
=0.31

2. 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.

Sense Technologies's Inventory to Revenue for the three months ended in Nov. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.386 / 0.326
=1.18

* 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

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Sense Technologies Days Inventory Related Terms

Sense Technologies Days Inventory Historical Data

* Premium members only.

The historical data trend for Sense Technologies's Days Inventory 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 Days Inventory Chart

Sense Technologies Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 163.82 0.00 0.00 0.00 0.00

Sense Technologies Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
Days Inventory 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 0.00 0.00 295.99

SNSGF vs CSHEF, AMTY, OMTK: Days Inventory Comparison

For the Auto Parts subindustry, Sense Technologies's Days Inventory, along with its competitors' market caps and Days Inventory 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.

Sense Technologies Days Inventory vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sense Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sense Technologies's Days Inventory falls into.


Sense Technologies Days Inventory Calculation

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

Sense Technologies's Days Inventory for the fiscal year that ended in Feb. 2016 is calculated as

Days Inventory (A: Feb. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2015 ) + Total Inventories (A: Feb. 2016 )) / count ) / Cost of Goods Sold (A: Feb. 2016 )*Days in Period
=( (0 + 0) / 1 ) / 0.112*365
=0 / 0.112*365
=0.00

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

Days Inventory (Q: Nov. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2016 ) + Total Inventories (Q: Nov. 2016 )) / count ) / Cost of Goods Sold (Q: Nov. 2016 )*Days in Period
=( (0 + 0.386) / 1 ) / 0.119*365 / 4
=0.386 / 0.119*365 / 4
=295.99

* 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 Inventory →
What does a Days Inventory of 295.99 mean?
Sense Technologies (SNSGF) has a Days Inventory of 295.99 as of Nov. 2016. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sense Technologies and its competitors.
Is Sense Technologies' Days Inventory too high?
Sense Technologies' current Days Inventory is 295.99. The Vehicles & Parts industry median Days Inventory is 80.26. Sense Technologies' value of 295.99 is 268.8% above this industry median.
How does Sense Technologies' Days Inventory compare to CSHEF and AMTY?
Sense Technologies' Days Inventory of 295.99 can be compared against companies in the Vehicles & Parts industry. The industry median Days Inventory is 80.26. Sense Technologies' value of 295.99 is 268.8% above 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 Inventory for a Vehicles & Parts company?
The median Days Inventory among Vehicles & Parts companies is 80.26, based on 1,292 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sense Technologies's current Days Inventory of 295.99 is 268.8% above 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 Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Sense Technologies and its competitors. For the Vehicles & Parts industry, the median Days Inventory is 80.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sense Technologies's current Days Inventory is 295.99. 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 Days Inventory of 295.99. The current Days Inventory is 295.99 and 268.8% above the Vehicles & Parts industry median of 80.26. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Sense Technologies (SNSGF), the current Days Inventory is 295.99 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.