Revenues of Addvantage Technologies Group Inc's Suppliers, deteriorated by -3.8 % compared to the same quarter a year ago, sequentially sales grew by 1 %, Addvantage Technologies Group Inc's cost of sales deteriorated by -59.73 % year on year, relative to one quarter ago cost of sales fell by -12.5 % in Q3.
Addvantage Technologies Group Inc's Suppliers realized a deteriorated in sales by -3.8 % compared to the same quarter a year ago, sequentially sales grew by 1 %, Addvantage Technologies Group Inc's cost of sales deteriorated by -59.73 % year on year, compare to one quarter ago cost of sales fell by -12.5 % in Q3.
Addvantage Technologies Group Inc's Comment on Supply Chain
Cable TV segment purchased approximately 31% of its total inventory purchases
directly from Arris Solutions and approximately 19% of its total inventory purchases
either directly from Cisco or indirectly through Cisco’s primary stocking
distributor. In addition to purchasing inventory from OEMs, this segment also
purchases used or surplus-new inventory from MSOs, who have upgraded or are in
the process of upgrading their systems, and from other resellers in this industry.
The Telco segment did not purchase over 10% of its total inventory purchases
from any one supplier. This segment of our business primarily purchases its
used inventory from telecommunication companies that have excess equipment on
hand or have upgraded their systems or from other resellers in this industry.
Addvantage Technologies Group Inc's Comment on Supply Chain
Cable TV segment purchased approximately 31% of its total inventory purchases
directly from Arris Solutions and approximately 19% of its total inventory purchases
either directly from Cisco or indirectly through Cisco’s primary stocking
distributor. In addition to purchasing inventory from OEMs, this segment also
purchases used or surplus-new inventory from MSOs, who have upgraded or are in
the process of upgrading their systems, and from other resellers in this industry.
The Telco segment did not purchase over 10% of its total inventory purchases
from any one supplier. This segment of our business primarily purchases its
used inventory from telecommunication companies that have excess equipment on
hand or have upgraded their systems or from other resellers in this industry.
AEY's Suppliers Net profit fell by
AEY's Suppliers Net margin fell in Q3 to
-38.79 %
13.5 %
AEY's Suppliers Net profit fell by -38.79 %
AEY's Suppliers Net margin fell in Q3 to 13.5 %
Addvantage Technologies Group Inc's Suppliers Sales Growth
in Q3 2023 by Industry
Sources:
Addvantage Technologies Group Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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