CSIMarket
Company Name or Ticker Symbol
Search for other Categories
 
Strattec Security Corp  (STRT)
Other Ticker:  
 
 

Strattec Security's Customers Performance

STRT

 
STRT's Source of Revenues Strattec Security's Customers have recorded an advance in their cost of revenue by 2.63 % in the 4 quarter 2018 year on year, sequentially costs of revenue grew by 0.69 %, for the same period Strattec Security Corp

List of STRT Customers




Strattec Security's Customers have recorded an advance in their cost of revenue by 2.63 % in the 4 quarter 2018 year on year, sequentially costs of revenue grew by 0.69 %, for the same period Strattec Security Corp

List of STRT Customers


   
Customers Net Income grew in Q4 by Customers Net margin grew to
16.1 %



Strattec Security's Customers, Q4 2018 Revenue Growth By Industry
Customers in Auto & Truck Manufacturers Industry      22.42 %
Customers in Auto & Truck Parts Industry      23.96 %
Customers in Automotive Aftermarket Industry      4.6 %
     
• Customers Valuation • Segment Rev. Growth • Segment Inc. Growth • Customers Mgmt. Effect.


Strattec Security's Comment on Sales, Marketing and Customers


A very significant portion of the Company’s annual sales are to General Motors Company, Ford Motor Company, and Fiat Chrysler Automobiles.

The Company provides its customers with engineered access control products including locksets, fobs, push button ignition systems, steering column lock housings, seatback and secondary latches, power sliding door systems, power liftgate systems, power decklids, door handles, door handle components and trim and other access products which are unique to specific vehicles. Any given vehicle will typically take 1 to 3 years of development and engineering design time prior to being offered to the public. The access control products are designed concurrently with the vehicle. Therefore, commitment to the Company as the production source for such products and components occurs 1 to 3 years prior to the start of production for such components. The Company employs an engineering staff that assists in providing design and technical solutions to its customers. The Company believes that its engineering expertise is a competitive advantage and contributes toward its strong market position in its industry. For example, the Company believes it regularly provides innovative design proposals for its product offerings to its customers that will improve customer access, vehicle security system quality, theft deterrence and system cost.


The typical process used by automotive manufacturers in selecting a supplier for access control products is to offer the business opportunity to the Company and several of the Company's competitors. Each competitor will pursue the opportunity, doing its best to provide the customer with the most attractive proposal. Price pressure is strong during this process but once an agreement is reached, a commitment is made for each year of the product program. Typically, price reductions resulting from productivity improvement by the Company over the life of the product program are included in the contract and are estimated in evaluating each of these opportunities by the Company. A blanket purchase order, a contract indicating a specified part will be supplied at a specified price during a defined time period, is issued by customers for each model year. Production quantity releases or quantity commitments are made to that purchase order for weekly deliveries to the customer. As a consequence and because the Company is a "Just-in-Time" supplier to the automotive industry, it does not maintain a backlog of orders in the classic sense for future production and shipment and, accordingly, it is unable to provide a meaningful backlog comparison from year to year.


Strattec Security's Comment on Sales, Marketing and Customers


A very significant portion of the Company’s annual sales are to General Motors Company, Ford Motor Company, and Fiat Chrysler Automobiles.

The Company provides its customers with engineered access control products including locksets, fobs, push button ignition systems, steering column lock housings, seatback and secondary latches, power sliding door systems, power liftgate systems, power decklids, door handles, door handle components and trim and other access products which are unique to specific vehicles. Any given vehicle will typically take 1 to 3 years of development and engineering design time prior to being offered to the public. The access control products are designed concurrently with the vehicle. Therefore, commitment to the Company as the production source for such products and components occurs 1 to 3 years prior to the start of production for such components. The Company employs an engineering staff that assists in providing design and technical solutions to its customers. The Company believes that its engineering expertise is a competitive advantage and contributes toward its strong market position in its industry. For example, the Company believes it regularly provides innovative design proposals for its product offerings to its customers that will improve customer access, vehicle security system quality, theft deterrence and system cost.


The typical process used by automotive manufacturers in selecting a supplier for access control products is to offer the business opportunity to the Company and several of the Company's competitors. Each competitor will pursue the opportunity, doing its best to provide the customer with the most attractive proposal. Price pressure is strong during this process but once an agreement is reached, a commitment is made for each year of the product program. Typically, price reductions resulting from productivity improvement by the Company over the life of the product program are included in the contract and are estimated in evaluating each of these opportunities by the Company. A blanket purchase order, a contract indicating a specified part will be supplied at a specified price during a defined time period, is issued by customers for each model year. Production quantity releases or quantity commitments are made to that purchase order for weekly deliveries to the customer. As a consequence and because the Company is a "Just-in-Time" supplier to the automotive industry, it does not maintain a backlog of orders in the classic sense for future production and shipment and, accordingly, it is unable to provide a meaningful backlog comparison from year to year.





You need to upgrade your Flash Player




STRT's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME TICKER MARKET CAP REVENUES INCOME EMPLOYEES
Strattec Security Corp STRT 116 454 17 3,877
Ford Motor Co F 35,002 157,402 6,722 187,000
General Motors Company GM 54,986 147,207 5,807 216,000
Paccar Inc PCAR 23,979 0 2,206 23,000
Tesla, Inc. TSLA 54,464 17,524 -2,043 10,161
Autonation, Inc. AN 3,527 21,768 440 24,000
Autozone Inc AZO 24,190 11,221 1,338 81,000
Genuine Parts Co GPC 16,099 18,338 732 39,000
Carmax Inc KMX 10,868 17,939 772 22,064
O Reilly Automotive Inc ORLY 31,305 9,412 1,326 62,533
Cnh Industrial N.v. CNHI 14,791 48,865 1,154 69,207
Union Bridge Holdings Ltd. CSST 0 0 0 1
Dorman Products, Inc. DORM 3,029 941 121 1,846
Motorcar Parts America Inc MPAA 405 466 5 2,663
Standard Motor Products Inc SMP 1,129 1,085 31 3,400
Workhorse Group Inc. AMPD 0 0 0 13
Blue Bird Corp BLBD 523 1,017 37 1,762
Federal Signal Corp FSS 1,383 1,058 92 2,200
Navistar International Corp NAV 3,638 9,531 314 14,400
Emav Holdings, Inc. RVNW 0 0 0 1
Oshkosh Corp OSK 5,734 7,923 525 13,300
Saleen Automotive, Inc. SLNN 0 0 0 22
Spartan Motors Inc SPAR 311 764 16 1,900
Toyota Motor Corp TM 363,834 267,580 23,554 348,877
Zap ZAAP 5 11 -34 400
Fenix Parts, Inc. FENX 8 133 -41 651
Honda Motor Co Ltd HMC 0 30,443 10,224 0
Cleartronic, Inc. CLRI 5 1 -1 8
Autoweb, Inc. ABTL 99 139 -66 228
Truecar, Inc. TRUE 791 346 -30 686
SUBTOTAL 650,106 771,114 53,199 1,126,323


     
       
Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

POST's Profile

Stock Price

POST's Financials

Business Description

Fundamentals

Charts & Quotes

POST's News

Suppliers

POST's Competitors

Customers & Markets

Economic Indicators

POST's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Indices

Sectors & Industries

Financials

Commodities

Currencies

News


At a Glance

Stocks

Economy

Industries

Other

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.  Free Stock Market News Feeds
   Copyright © 2019 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday Data provided by Barchart and subject to terms of use. To view Intraday Stock Data Java must be installed. Java content may be prohibited by the security software, to see the stock quotes, choose "allow content from this page" option. Stock Price, historical and current end-of-day data provided by eoddata. Intraday data delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Barchart and Eoddata. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071