Sense Technologies (Sense Technologies) Total Inventories : $0.39 Mil (As of Nov. 2016)

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What is Sense Technologies Total Inventories?

Sense Technologies's total inventories for the quarter that ended in Nov. 2016 was $0.39 Mil. Sense Technologies's average total inventories from the quarter that ended in Aug. 2016 to the quarter that ended in Nov. 2016 was $0.19 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Sense Technologies's Net-Net Working Capital per share for the quarter that ended in Nov. 2016 was $-0.87.

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 147.99.

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 0.62.

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 quarter that ended in Nov. 2016 was 0.59.

Sense Technologies Total Inventories Historical Data

The historical data trend for Sense Technologies's Total Inventories 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.

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Sense Technologies Total Inventories Chart

Sense Technologies Annual Data

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Total Inventories

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Sense Technologies Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	0.39

Sense Technologies Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Sense Technologies (OTCPK:SNSGF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Sense Technologies's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2016 is

	Net-Net Working Capital Per Share (Q: Nov. 2016 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.002	+	0.75 * 0.06	+	0.5 * 0.386	-	8.595
-	5.776	-	0)	/	16.1853
=	-0.87

2. 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
	=	0.193	/	0.119	*	365 / 4
	=	147.99

3. 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	/	0.193
	=	0.62

4. 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 quarter that ended in Nov. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2016 )	/	Revenue (Q: Nov. 2016 )
	=	0.193	/	0.326
	=	0.59

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Sense Technologies Total Inventories Related Terms

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Sense Technologies (Sense Technologies) Business Description

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Address

2535 North Carleton Avenue, Grand Island, NE, USA, 68803

Website

http://www.sensetech.com

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.

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