On Track Innovations Ltd.'s Suppliers recorded an increase in sales by 13.75 % year on year in Q1 2022, sequentially sales grew by 8.35 %, On Track Innovations Ltd. recorded an increase in cost of sales by 12.96 % year on year, relative to one quarter ago cost of sales fell by -60.36 % in Q1.
On Track Innovations Ltd.'s Suppliers recorded an increase in sales by 13.75 % year on year in Q1 2022, sequentially sales grew by 8.35 %, On Track Innovations Ltd. recorded increase in cost of sales by 12.96 % year on year, compare to one quarter ago cost of sales fell by -60.36 % in Q1.
On Track Innovations Ltd.'s Comment on Supply Chain
We outsource all our manufacturing and product assemblies to third-party vendors.
Whenever possible, our policy is to use more than one supplier and manufacturing
subcontractor for each part of our production process in order to limit dependence
on any one manufacturer or supplier.
We are ISO 9001:2015 certified. We require that our suppliers and subcontractors
be ISO 9001 certified. ISO 9001 is an international standard which specifies
requirements for a quality management system and provides guidance and tools
for companies to ensure that their products and services consistently meet customer
and regulatory requirements. This standard is updated from time to time pursuant
to the international authorization requirements.
On Track Innovations Ltd.'s Comment on Supply Chain
We outsource all our manufacturing and product assemblies to third-party vendors.
Whenever possible, our policy is to use more than one supplier and manufacturing
subcontractor for each part of our production process in order to limit dependence
on any one manufacturer or supplier.
We are ISO 9001:2015 certified. We require that our suppliers and subcontractors
be ISO 9001 certified. ISO 9001 is an international standard which specifies
requirements for a quality management system and provides guidance and tools
for companies to ensure that their products and services consistently meet customer
and regulatory requirements. This standard is updated from time to time pursuant
to the international authorization requirements.
OTIV's Suppliers Net profit fell by
OTIV's Suppliers Net margin fell in Q1 to
-17.79 %
8.06 %
OTIV's Suppliers Net profit fell by -17.79 %
OTIV's Suppliers Net margin fell in Q1 to 8.06 %
On Track Innovations Ltd.'s Suppliers Sales Growth
in Q1 2022 by Industry
Sources:
On Track Innovations Ltd.'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:
For your research, we’ve provided nine additional tables on On Track Innovations Ltd.’s suppliers.
You can find them in the navigation menu under Suppliers.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. 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
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
20.16 % 