SNSGF (Sense Technologies) Days Payable: 385.70 (As of Nov. 2016)


What is Sense Technologies Days Payable?

Sense Technologies SNSGF -99.00% Days Payable is 385.70 as of Nov. 2016.

Sense Technologies's average Accounts Payable for the three months ended in Nov. 2016 was $0.50 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 Payable for the three months ended in Nov. 2016 was 385.70.

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

SNSGF's Days Payable is not ranked *
in the Vehicles & Parts industry.
Industry Median: 67.015
* Ranked among companies with meaningful Days Payable only.

Sense Technologies's Days Payable declined from Nov. 2015 (3,048.32) to Nov. 2016 (385.70). It may suggest that Sense Technologies accelerated paying its suppliers.

Sense Technologies Days Payable Historical Data

* Premium members only.

The historical data trend for Sense Technologies'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.

Sense Technologies Days Payable Chart

Sense Technologies Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 350.15 278.18 209.74 644.49 1,766.34

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 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 3,048.32 2,086.85 1,548.31 2,018.91 385.70

SNSGF vs CSHEF, AMTY, OMTK: Days Payable Comparison

For the Auto Parts subindustry, Sense Technologies'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.

Sense Technologies Days Payable vs Vehicles & Parts Industry

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

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


Sense Technologies 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.

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

Days Payable (A: Feb. 2016 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Feb. 2015 ) + Accounts Payable (A: Feb. 2016 )) / count ) / Cost of Goods Sold (A: Feb. 2016 )*Days in Period
=( (0.559 + 0.525) / 2 ) / 0.112*365
=0.542 / 0.112*365
=1,766.34

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

Days Payable (Q: Nov. 2016 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Aug. 2016 ) + Accounts Payable (Q: Nov. 2016 )) / count ) / Cost of Goods Sold (Q: Nov. 2016 )*Days in Period
=( (0.535 + 0.471) / 2 ) / 0.119*365 / 4
=0.503 / 0.119*365 / 4
=385.70

* 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 385.70 mean?
Sense Technologies (SNSGF) has a Days Payable of 385.70 as of Nov. 2016. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Sense Technologies and its competitors.
Is Sense Technologies' Days Payable too high?
Sense Technologies' current Days Payable is 385.70. The Vehicles & Parts industry median Days Payable is 67.02. Sense Technologies' value of 385.70 is 475.5% above this industry median.
How does Sense Technologies' Days Payable compare to CSHEF and AMTY?
Sense Technologies' Days Payable of 385.70 can be compared against companies in the Vehicles & Parts industry. The industry median Days Payable is 67.02. Sense Technologies' value of 385.70 is 475.5% 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 Payable for a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.02, based on 1,310 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. Sense Technologies's current Days Payable of 385.70 is 475.5% 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 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 Sense Technologies and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sense Technologies's current Days Payable is 385.70. 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 Payable of 385.70. The current Days Payable is 385.70 and 475.5% above the Vehicles & Parts industry median of 67.02. 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 Sense Technologies (SNSGF), the current Days Payable is 385.70 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.