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Cryoport inc   (CYRX)
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Cryoport Inc's Suppliers Performance

CYRX's Supply Chain

 
CYRX Costs vs Sales of Suppliers Growth Revenues of Cryoport Inc's Suppliers, deteriorated by -39.76 % compared to the same quarter a year ago, sequentially sales grew by 23.41 %, Cryoport Inc's cost of sales deteriorated by -0.24 % year on year, sequentially cost of sales grew by 6.61 % in Q4.

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Cryoport Inc's Suppliers realized a deteriorated in sales by -39.76 % compared to the same quarter a year ago, sequentially sales grew by 23.41 %, Cryoport Inc's cost of sales deteriorated by -0.24 % year on year, sequentially cost of sales grew by 6.61 % in Q4.

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  News about Cryoport inc Contracts



Cryoport Inc's Comment on Supply Chain


Manufacturing. In April 2016 we signed a strategic partnership with Worthington Industries, a maker of cryogenic storage vessels and equipment. Through this partnership, Worthington’s CryoScience by Taylor Wharton business will design and manufacture biostorage and logistics equipment for use in Cryoport’s life sciences cryogenic logistics solutions. With the added competencies Worthington’s CryoScience by Taylor Wharton brings to Cryoport, we can concentrate on further advancing and expanding our cold chain solutions to meet the growing and varied demands for validated cryogenic logistics solutions in the life sciences market. Working in tandem with Worthington allows Cryoport to meet the demands of a more diverse clientele through a broader offering which in turn, increases our revenue opportunity as well as provides us the opportunity to rapidly scale to support our clients commercialization activities. Our current fleet of cryogenic shippers consists of shippers that were manufactured in-house as well as shippers purchased from third parties that are modified to meet our specifications using our proprietary technology and know-how. In general, cryogenic shippers are available from more than one qualified manufacturer. For some components, however, there are relatively few alternate sources of supply and the establishment of additional or replacement suppliers may not be accomplished immediately, however, we have identified alternate qualified suppliers. Should this occur, we believe that with our current level of shippers, we have enough inventory to cover our forecasted demand.

Our data loggers used in our condition monitoring systems, the SmartPak I and II, have been acquired from single sources with the calibration done by an independent third party.

Raw Materials. Various common raw materials are used in the manufacture of our shippers and in the development of our technologies. These raw materials are generally available from several alternate distributors and manufactures. We have not experienced any significant difficulty in obtaining these raw materials and we do not consider raw material availability to be a significant factor in our business.

Cryoport Inc's Comment on Supply Chain


Manufacturing. In April 2016 we signed a strategic partnership with Worthington Industries, a maker of cryogenic storage vessels and equipment. Through this partnership, Worthington’s CryoScience by Taylor Wharton business will design and manufacture biostorage and logistics equipment for use in Cryoport’s life sciences cryogenic logistics solutions. With the added competencies Worthington’s CryoScience by Taylor Wharton brings to Cryoport, we can concentrate on further advancing and expanding our cold chain solutions to meet the growing and varied demands for validated cryogenic logistics solutions in the life sciences market. Working in tandem with Worthington allows Cryoport to meet the demands of a more diverse clientele through a broader offering which in turn, increases our revenue opportunity as well as provides us the opportunity to rapidly scale to support our clients commercialization activities. Our current fleet of cryogenic shippers consists of shippers that were manufactured in-house as well as shippers purchased from third parties that are modified to meet our specifications using our proprietary technology and know-how. In general, cryogenic shippers are available from more than one qualified manufacturer. For some components, however, there are relatively few alternate sources of supply and the establishment of additional or replacement suppliers may not be accomplished immediately, however, we have identified alternate qualified suppliers. Should this occur, we believe that with our current level of shippers, we have enough inventory to cover our forecasted demand.

Our data loggers used in our condition monitoring systems, the SmartPak I and II, have been acquired from single sources with the calibration done by an independent third party.

Raw Materials. Various common raw materials are used in the manufacture of our shippers and in the development of our technologies. These raw materials are generally available from several alternate distributors and manufactures. We have not experienced any significant difficulty in obtaining these raw materials and we do not consider raw material availability to be a significant factor in our business.


CYRX's Suppliers Net profit fell by CYRX's Suppliers Net margin fell in Q4 to
-65.11 % 22.41 %


Cryoport Inc 's Suppliers Sales Growth in Q4 2023 by Industry

Suppliers from Agricultural Production Industry -39.76 %   
     
• CYRX Suppliers Valuation • CYRX Suppliers Mgmt. Effect.





CYRX's vs. Suppliers, Data

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



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Cryoport inc 738.99 233.26 -107.59 31
Cf Industries Holdings inc 16,660.67 6,631.00 1,838.00 3,000
SUBTOTAL 16,660.67 6,631.00 1,838.00 3,000


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