Technical Communications's Suppliers recorded an increase in sales by 0.75 % year on year in Q3 2023, sequentially sales grew by 5.49 %, Technical Communications's cost of sales deteriorated by -65.12 % year on year, relative to one quarter ago cost of sales fell by -43.8 % in Q3.
Technical Communications's Suppliers recorded an increase in sales by 0.75 % year on year in Q3 2023, sequentially sales grew by 5.49 %, Technical Communications's cost of sales deteriorated by -65.12 % year on year, compare to one quarter ago cost of sales fell by -43.8 % in Q3.
Technical Communications's Comment on Supply Chain
TCC has several manufacturing subcontractors and suppliers that provide outside
processing of electronic circuit boards, fabrication of metal components, and
supply of electronic components. For the majority of purchased materials and services,
TCC has multiple suppliers that are able to deliver materials and services under
short-term delivery purchase orders. Payment is typically made after delivery,
based upon standard credit arrangements. For a small minority of parts, there
are limited sources of supply. In such cases, TCC monitors source availability
and usually stocks for anticipated long-term requirements to assure manufacturing
continuity. Notwithstanding the Company’s efforts to maintain material supplies,
shortages can and do develop, resulting in delays in production, significant engineering
development effort to find alternative solutions and, if production cannot be
maintained, the discontinuation of the affected product design.
The Company’s internal manufacturing process consists primarily of adding
critical components, final assembly, quality control, testing and system burn-in.
Delivery times vary depending on the products and options ordered.
Technical Communications's Comment on Supply Chain
TCC has several manufacturing subcontractors and suppliers that provide outside
processing of electronic circuit boards, fabrication of metal components, and
supply of electronic components. For the majority of purchased materials and services,
TCC has multiple suppliers that are able to deliver materials and services under
short-term delivery purchase orders. Payment is typically made after delivery,
based upon standard credit arrangements. For a small minority of parts, there
are limited sources of supply. In such cases, TCC monitors source availability
and usually stocks for anticipated long-term requirements to assure manufacturing
continuity. Notwithstanding the Company’s efforts to maintain material supplies,
shortages can and do develop, resulting in delays in production, significant engineering
development effort to find alternative solutions and, if production cannot be
maintained, the discontinuation of the affected product design.
The Company’s internal manufacturing process consists primarily of adding
critical components, final assembly, quality control, testing and system burn-in.
Delivery times vary depending on the products and options ordered.
TCCO's Suppliers Net Income grew by
TCCO's Suppliers Net margin grew in Q3 to
21.55 %
TCCO's Suppliers Net Income grew by
TCCO's Suppliers Net margin grew in Q3 to 21.55 %
Technical Communications's Suppliers Sales Growth
in Q3 2023 by Industry
Sources:
Technical Communications Corporation'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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