Sense Technologies (Sense Technologies) Gross Margin % : 63.50% (As of Nov. 2016)

Sense Technologies Gross Margin % Chart

Sense Technologies Annual Data
	Trend	Feb07	Feb08	Feb09	Feb10	Feb11	Feb12	Feb13	Feb14	Feb15	Feb16
Gross Margin %		Get a 7-Day Free Trial					-125.44	-37.79	-15.34	-113.42	64.78

Sense Technologies Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16
Gross Margin %	Get a 7-Day Free Trial															84.62	76.04	38.00	-200.00	63.50

Competitive Comparison of Sense Technologies's Gross Margin %

For the Auto Parts subindustry, Sense Technologies's Gross Margin %, along with its competitors' market caps and Gross Margin % 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's Gross Margin % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Sense Technologies's Gross Margin % falls into.

Sense Technologies Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

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

Sense Technologies's Gross Margin for the quarter that ended in Nov. 2016 is calculated as

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Sense Technologies  (OTCPK:SNSGF) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Sense Technologies had a gross margin of 63.50% for the quarter that ended in Nov. 2016 => Durable competitive advantage

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Sense Technologies Gross Margin % Related Terms

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Sense Technologies (Sense Technologies) Business Description