Electronic Systems Technology Inc's Suppliers recorded an increase in sales by 10.89 % year on year in Q3 2024, sequentially sales grew by 2.69 %, Electronic Systems Technology Inc's cost of sales deteriorated by -18.5 % year on year, relative to one quarter ago cost of sales fell by -6.66 % in Q3.
Electronic Systems Technology Inc's Suppliers recorded an increase in sales by 10.89 % year on year in Q3 2024, sequentially sales grew by 2.69 %, Electronic Systems Technology Inc's cost of sales deteriorated by -18.5 % year on year, compare to one quarter ago cost of sales fell by -6.66 % in Q3.
Electronic Systems Technology Inc's Comment on Supply Chain
The Company sources components from suppliers including Hitachi and Motorola, with some parts having lead times ranging from 12 to 30 weeks. Approximately 45% of the inventory consists of components with these extended lead times. To meet production requirements, the Company maintains high inventory levels for certain parts. Although no shortages are currently anticipated based on past experience and distributor relationships, future procurement cannot be guaranteed, and potential shortages could significantly disrupt production and delivery. The Company also contracts with multiple firms for manufacturing sub-assemblies and engineering support, regularly reviewing costs and issuing Requests for Quotes to multiple suppliers to manage these services.
Electronic Systems Technology Inc's Comment on Supply Chain
The Company sources components from suppliers including Hitachi and Motorola, with some parts having lead times ranging from 12 to 30 weeks. Approximately 45% of the inventory consists of components with these extended lead times. To meet production requirements, the Company maintains high inventory levels for certain parts. Although no shortages are currently anticipated based on past experience and distributor relationships, future procurement cannot be guaranteed, and potential shortages could significantly disrupt production and delivery. The Company also contracts with multiple firms for manufacturing sub-assemblies and engineering support, regularly reviewing costs and issuing Requests for Quotes to multiple suppliers to manage these services.
ELST's Suppliers Net Income grew by
ELST's Suppliers Net margin grew in Q3 to
111.05 %
18.59 %
ELST's Suppliers Net Income grew by 111.05 %
ELST's Suppliers Net margin grew in Q3 to 18.59 %
Electronic Systems Technology Inc's Suppliers Sales Growth
in Q3 2024 by Industry
Sources:
Electronic Systems Technology 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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