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Sense Technologies (Sense Technologies) Asset Turnover : 0.06 (As of Nov. 2016)


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What is Sense Technologies Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Sense Technologies's Revenue for the three months ended in Nov. 2016 was $0.33 Mil. Sense Technologies's Total Assets for the quarter that ended in Nov. 2016 was $5.14 Mil. Therefore, Sense Technologies's Asset Turnover for the quarter that ended in Nov. 2016 was 0.06.

Asset Turnover is linked to ROE % through Du Pont Formula. Sense Technologies's annualized ROE % for the quarter that ended in Nov. 2016 was 67.59%. It is also linked to ROA % through Du Pont Formula. Sense Technologies's annualized ROA % for the quarter that ended in Nov. 2016 was -26.54%.


Sense Technologies Asset Turnover Historical Data

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

Sense Technologies Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 2.34 6.46 4.45 7.95

Sense Technologies Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
Asset 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 2.97 2.21 1.16 0.07 0.06

Competitive Comparison of Sense Technologies's Asset Turnover

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

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

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



Sense Technologies Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Feb. 2016 )/( (Total Assets (A: Feb. 2015 )+Total Assets (A: Feb. 2016 ))/ count )
=0.318/( (0.028+0.052)/ 2 )
=0.318/0.04
=7.95

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Nov. 2016 )/( (Total Assets (Q: Aug. 2016 )+Total Assets (Q: Nov. 2016 ))/ count )
=0.326/( (0.198+10.08)/ 2 )
=0.326/5.139
=0.06

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Sense Technologies  (OTCPK:SNSGF) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Sense Technologies's annulized ROE % for the quarter that ended in Nov. 2016 is

ROE %**(Q: Nov. 2016 )
=Net Income/Total Stockholders Equity
=-1.364/-2.018
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-1.364 / 1.304)*(1.304 / 5.139)*(5.139/ -2.018)
=Net Margin %*Asset Turnover*Equity Multiplier
=-104.6 %*0.2537*-2.5466
=ROA %*Equity Multiplier
=-26.54 %*-2.5466
=67.59 %

Note: The Net Income data used here is four times the quarterly (Nov. 2016) net income data. The Revenue data used here is four times the quarterly (Nov. 2016) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Sense Technologies's annulized ROA % for the quarter that ended in Nov. 2016 is

ROA %(Q: Nov. 2016 )
=Net Income/Total Assets
=-1.364/5.139
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.364 / 1.304)*(1.304 / 5.139)
=Net Margin %*Asset Turnover
=-104.6 %*0.2537
=-26.54 %

Note: The Net Income data used here is four times the quarterly (Nov. 2016) net income data. The Revenue data used here is four times the quarterly (Nov. 2016) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Sense Technologies Asset 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.

Sense Technologies (Sense Technologies) Headlines

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