In one form, an acoustic distance measuring circuit includes a frequency generator, a transmitter amplifier, an acoustic transducer, and a sensing circuit. The sensing circuit includes an input adapted to be coupled to the acoustic transducer, for receiving an input signal. The sensing circuit provides an in-phase portion and a quadrature portion of the input signal to a filter. The sensing circuit filters the in-phase portion and the quadrature portion and calculates a phase of the input signal in response to the filtered in-phase and quadrature portions. The sensing circuit determines a frequency slope of the input signal in response to calculating the phase and provides the frequency slope of the input signal to an output.