Cryoport Inc's Suppliers Performance
CYRX's Supply Chain
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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 % |
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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