GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sense Technologies Inc (OTCPK:SNSGF) » Definitions » Inventory-to-Revenue

SNSGF (Sense Technologies) Inventory-to-Revenue : 1.18 (As of Nov. 2016)


View and export this data going back to 2003. Start your Free Trial

What is Sense Technologies Inventory-to-Revenue?

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 Average Total Inventories for the quarter that ended in Nov. 2016 was $0.39 Mil. Sense Technologies's Revenue for the three months ended in Nov. 2016 was $0.33 Mil. Sense Technologies's Inventory-to-Revenue for the quarter that ended in Nov. 2016 was 1.18.

Sense Technologies's Inventory-to-Revenue for the quarter that ended in Nov. 2016 increased from Aug. 2016 (0.00) to Aug. 2016 (1.18)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

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 three months ended in Nov. 2016 was 295.99.

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


Sense Technologies Inventory-to-Revenue Historical Data

The historical data trend for Sense Technologies's Inventory-to-Revenue 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.

* Premium members only.

Sense Technologies Inventory-to-Revenue Chart

Sense Technologies Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.01 - - - -

Sense Technologies Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
Inventory-to-Revenue 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 - - - - 1.18

Competitive Comparison of Sense Technologies's Inventory-to-Revenue

For the Auto Parts subindustry, Sense Technologies's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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 Inventory-to-Revenue Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Sense Technologies's Inventory-to-Revenue falls into.



Sense Technologies Inventory-to-Revenue Calculation

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 fiscal year that ended in Feb. 2016 is calculated as

Inventory-to-Revenue (A: Feb. 2016 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Feb. 2015 ) + Total Inventories (A: Feb. 2016 )) / count ) / Revenue (A: Feb. 2016 )
=( (0 + 0) / 1 ) / 0.318
=0 / 0.318
=0.00

Sense Technologies's Inventory-to-Revenue for the quarter that ended in Nov. 2016 is calculated as

Inventory-to-Revenue (Q: Nov. 2016 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Aug. 2016 ) + Total Inventories (Q: Nov. 2016 )) / count ) / Revenue (Q: Nov. 2016 )
=( (0 + 0.386) / 1 ) / 0.326
=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.


Sense Technologies  (OTCPK:SNSGF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

1. 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 three months ended in Nov. 2016 is calculated as:

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

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

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

Inventory Turnover=Cost of Goods Sold (Q: Nov. 2016 ) / Average Total Inventories (Q: Nov. 2016 )
=0.119 / 0.386
=0.31

* 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 Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Sense Technologies's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Sense Technologies Business Description

Traded in Other Exchanges
N/A
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.

Sense Technologies Headlines

No Headlines