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Sense Technologies (Sense Technologies) Receivables Turnover : 9.59 (As of Nov. 2016)


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What is Sense Technologies Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Sense Technologies's Revenue for the three months ended in Nov. 2016 was $0.33 Mil. Sense Technologies's average Accounts Receivable for the three months ended in Nov. 2016 was $0.03 Mil. Hence, Sense Technologies's Receivables Turnover for the three months ended in Nov. 2016 was 9.59.


Sense Technologies Receivables Turnover Historical Data

The historical data trend for Sense Technologies's Receivables Turnover 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 Receivables Turnover Chart

Sense Technologies Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.33 10.87 20.61 16.56 8.59

Sense Technologies Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
Receivables Turnover 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 9.45 4.00 1.89 0.67 9.59

Competitive Comparison of Sense Technologies's Receivables Turnover

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

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

* The bar in red indicates where Sense Technologies's Receivables Turnover falls into.



Sense Technologies Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

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

Receivables Turnover (A: Feb. 2016 )
=Revenue / Average Total Inventories
=Revenue (A: Feb. 2016 ) / ((Accounts Receivable (A: Feb. 2015 ) + Accounts Receivable (A: Feb. 2016 )) / count )
=0.318 / ((0 + 0.037) / 1 )
=0.318 / 0.037
=8.59

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

Receivables Turnover (Q: Nov. 2016 )
=Revenue / Average Total Inventories
=Revenue (Q: Nov. 2016 ) / ((Accounts Receivable (Q: Aug. 2016 ) + Accounts Receivable (Q: Nov. 2016 )) / count )
=0.326 / ((0.008 + 0.06) / 2 )
=0.326 / 0.034
=9.59

* 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) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Sense Technologies Receivables Turnover Related Terms

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Sense Technologies (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.

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