Revenues of Pgt Innovations Inc's Suppliers, deteriorated by -4.69 % compared to the same quarter a year ago, from the previous quarter, sales fell by -4.48 %, Pgt Innovations Inc's cost of sales deteriorated by -0.69 % year on year, relative to one quarter ago cost of sales fell by -8.4 % in Q4.
Pgt Innovations Inc's Suppliers realized a deteriorated in sales by -4.69 % compared to the same quarter a year ago, from the previous quarter, sales fell by -4.48 %, Pgt Innovations Inc's cost of sales deteriorated by -0.69 % year on year, compare to one quarter ago cost of sales fell by -8.4 % in Q4.
Our primary manufacturing materials include aluminum and vinyl extrusions,
glass, ionoplast, and polyvinyl butyral. Although in many instances we have
agreements with our suppliers, these agreements are generally terminable by
either party on limited notice. While most of our materials are typically available
from other sources, we would not be able to quickly transition to alternative
sources on short-notice in many instances, due, for example, to the length of
time it would take us to complete testing and certifications related to impact-resistance
and for the alternative source of supply to create the customized equipment
and tooling necessary to provide the materials and components to us. Aluminum
and vinyl extrusions accounted for approximately 38% of our material purchases.
Sheet glass, which is sourced from two major national suppliers, accounted for
approximately 13% of our material purchases. Sheet glass that we purchase comes
in various sizes, tints, and thermal properties. From the sheet glass purchased,
we produce most of our own laminated glass needs. However, due to some temporary
capacity constraints, we purchased some of our laminated glass needs from one
major national supplier. This finished laminated glass made up approximately
17% of our material purchases. Polyvinyl butyral and ionoplast, which are both
used as inner layer in laminated glass, accounted for approximately 11% of our
material purchases.
Pgt Innovations Inc's Comment on Supply Chain
Our primary manufacturing materials include aluminum and vinyl extrusions,
glass, ionoplast, and polyvinyl butyral. Although in many instances we have
agreements with our suppliers, these agreements are generally terminable by
either party on limited notice. While most of our materials are typically available
from other sources, we would not be able to quickly transition to alternative
sources on short-notice in many instances, due, for example, to the length of
time it would take us to complete testing and certifications related to impact-resistance
and for the alternative source of supply to create the customized equipment
and tooling necessary to provide the materials and components to us. Aluminum
and vinyl extrusions accounted for approximately 38% of our material purchases.
Sheet glass, which is sourced from two major national suppliers, accounted for
approximately 13% of our material purchases. Sheet glass that we purchase comes
in various sizes, tints, and thermal properties. From the sheet glass purchased,
we produce most of our own laminated glass needs. However, due to some temporary
capacity constraints, we purchased some of our laminated glass needs from one
major national supplier. This finished laminated glass made up approximately
17% of our material purchases. Polyvinyl butyral and ionoplast, which are both
used as inner layer in laminated glass, accounted for approximately 11% of our
material purchases.
PGTI's Suppliers Net profit fell by
PGTI's Suppliers Net margin fell in Q4 to
-39.56 %
5.03 %
PGTI's Suppliers Net profit fell by -39.56 %
PGTI's Suppliers Net margin fell in Q4 to 5.03 %
Pgt Innovations Inc's Suppliers Sales Growth
in Q4 2023 by Industry
Sources:
Pgt Innovations 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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