CSIMarket
 
Virco Mfg Corporation  (VIRC)
Other Ticker:  
 
    Sector  Retail    Industry Specialty Retail
   Industry Specialty Retail
   Sector  Retail
 

Virco Mfg's Suppliers Performance

VIRC's Supply Chain

 
VIRC Costs vs Sales of Suppliers Growth Virco Mfg's Suppliers recorded increase in sales by 48.65 % year on year in Q2 2021, sequentially sales grew by 15.48 %, Virco Mfg's cost of sales deteriorated by % year on year, sequentially cost of sales grew by 77.49 % in Q2.

More on VIRC Suppliers




Virco Mfg's Suppliers recorded increase in sales by 48.65 % year on year in Q2 2021, sequentially sales grew by 15.48 %, Virco Mfg recorded increase in cost of sales by 1.72 % year on year, sequentially cost of sales grew by 77.49 % in Q2.

More on VIRC Suppliers




Virco Mfg's Comment on Supply Chain


Virco purchases steel, aluminum, plastic, polyurethane, polyethylene, polypropylene, plywood, particleboard, medium density fiberboard (MDF), cartons and other raw materials from many different sources for the manufacture of its principal products. Management believes the Company is not more vulnerable with respect to the sources and availability of these raw materials than other manufacturers of similar products. The Company's largest raw material cost is for steel, followed by plastics and wood.
The price of these commodities, particularly steel and plastic, can be volatile. Historically the Company has experienced years where the price of steel, plastic, and wood have spiked significantly; often as a result of global demand but also in response to domestic supply interruptions.


In addition to the raw materials described above, the Company purchases components used in the fabrication and assembly of furniture from a variety of overseas locations, but primarily from China. These components are classified as raw materials in the financial statements until such time that the components are consumed in a fabrication or assembly processes. These components are sourced from a variety of factories, none of which are owned or operated by the Company.


With respect to the Company's annual contracts (or those contracts that have longer terms), the Company may have limited ability to increase prices during the term of the contract. The Company has, however, negotiated increased flexibility under many of these contracts, allowing the Company to increase prices on future orders. Nevertheless, even with respect to these more flexible contracts, the Company does not have the ability to increase prices on orders received prior to any announced price increases. Due to the intensely seasonal nature of our business, the Company may receive significant orders during the first and second quarters for delivery in the second and third quarters. With respect to any of the contracts described above, if the costs of raw materials increase suddenly or unexpectedly, the Company cannot be certain that it will be able to implement corresponding increases in its sales prices in order to offset such increased costs. Significant cost increases in providing products during a given contract period can adversely impact operating results and have done so during prior years.


Virco Mfg's Comment on Supply Chain


Virco purchases steel, aluminum, plastic, polyurethane, polyethylene, polypropylene, plywood, particleboard, medium density fiberboard (MDF), cartons and other raw materials from many different sources for the manufacture of its principal products. Management believes the Company is not more vulnerable with respect to the sources and availability of these raw materials than other manufacturers of similar products. The Company's largest raw material cost is for steel, followed by plastics and wood.
The price of these commodities, particularly steel and plastic, can be volatile. Historically the Company has experienced years where the price of steel, plastic, and wood have spiked significantly; often as a result of global demand but also in response to domestic supply interruptions.


In addition to the raw materials described above, the Company purchases components used in the fabrication and assembly of furniture from a variety of overseas locations, but primarily from China. These components are classified as raw materials in the financial statements until such time that the components are consumed in a fabrication or assembly processes. These components are sourced from a variety of factories, none of which are owned or operated by the Company.


With respect to the Company's annual contracts (or those contracts that have longer terms), the Company may have limited ability to increase prices during the term of the contract. The Company has, however, negotiated increased flexibility under many of these contracts, allowing the Company to increase prices on future orders. Nevertheless, even with respect to these more flexible contracts, the Company does not have the ability to increase prices on orders received prior to any announced price increases. Due to the intensely seasonal nature of our business, the Company may receive significant orders during the first and second quarters for delivery in the second and third quarters. With respect to any of the contracts described above, if the costs of raw materials increase suddenly or unexpectedly, the Company cannot be certain that it will be able to implement corresponding increases in its sales prices in order to offset such increased costs. Significant cost increases in providing products during a given contract period can adversely impact operating results and have done so during prior years.



VIRC's Suppliers Net Income grew by VIRC's Suppliers Net margin grew in Q2 to
9.51 %


Virco Mfg Corporation's Suppliers Sales Growth in Q2 2021 by Industry

Suppliers in Chemical Manufacturing Industry      62.06 %
Suppliers in Chemicals - Plastics & Rubber Industry      10.09 %
Suppliers in Aluminum Industry      51.52 %
Suppliers in Forestry & Wood Products Industry      78.7 %
Suppliers in Iron & Steel Industry      140.32 %
Suppliers in Metal Mining Industry  
Suppliers in Miscellaneous Fabricated Products Industry      51.73 %
Suppliers in Paper & Paper Products Industry      9.38 %
Suppliers in Miscellaneous Manufacturing Industry      43.72 %
Suppliers in Apparel, Footwear & Accessories Industry      145.96 %
Suppliers in Auto & Truck Parts Industry      106.32 %
Suppliers in Furniture & Fixtures Industry      57.95 %
Suppliers in Recreational Products Industry      207.63 %
Suppliers in Food Processing Industry      25.98 %
Suppliers in Oil & Gas Integrated Operations Industry      69.27 %
Suppliers in Real Estate Investment Trusts Industry      92.77 %
Suppliers in Communications Equipment Industry      22.44 %
Suppliers in Software & Programming Industry      29.7 %
Suppliers in Transport & Logistics Industry      39.85 %
Suppliers in Marine Transportation Industry      66.93 %
Suppliers in Specialty Retail Industry      5.93 %
     
• VIRC Suppliers Valuation • VIRC Segment Rev. Growth • VIRC Segment Inc. Growth • VIRC Suppliers Mgmt. Effect.





VIRC's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Virco Mfg Corporation 58 202 3 695
Matson inc 3,550 2,932 406 1,056
Performance Shipping Inc 25 42 4 0
Costamare Inc 0 460 9 6
Seaspan Corp 2,109 1,096 279 3,700
Global Ship Lease Inc 431 283 42 8
Sfl Corporation Ltd 864 471 -224 7
Capital Product Partners L p 0 141 30 1
Tsakos Energy Navigation Limited 0 644 27 1
Expeditors International Of Washington Inc 21,259 12,601 996 14,670
Danaos Corporation 1,873 462 154 1,287
International Textile Group Inc 0 0 0 4,750
Masco Corporation 14,428 7,992 603 32,000
The Odp Corporation 2,370 9,479 40 56,000
Uniroyal Global Engineered Products Inc 6 72 0 415
Leggett and Platt Inc 6,434 4,810 408 19,000
Alcoa Corp 9,774 10,460 566 61,000
International Paper Company 22,749 21,684 1,140 58,000
Louisiana pacific Corporation 6,504 3,997 1,250 4,500
Plum Creek Timber Co Inc 0 1,340 214 1,308
Weyerhaeuser Company 27,881 9,823 2,284 12,800
United States Steel Corp 6,551 13,591 918 34,680
Bassett Furniture Industries Inc 185 448 19 2,237
Boatim Inc 0 0 -3 1
Ethan Allen Interiors Inc 630 685 60 0
Flexsteel Industries Inc 233 479 23 1,460
Unique Fabricating Inc 33 136 -4 734
Ferro Corporation 1,754 1,029 134 4,846
Applied Biosciences Corp. 0 1 -1 1
Hooker Furniture Corporation 325 701 63 645
Kimball International Inc 439 569 7 3,081
La z boy Incorporated 1,520 1,740 95 8,700
Nova Lifestyle Inc 12 11 -26 726
Hg Holdings Inc 323 97 -1 71
Tempur Sealy International Inc 10,091 4,402 538 7,200
Callaway Golf Company 5,848 2,338 249 1,700
Sanderson Farms Inc 4,185 4,336 299 13,232
Tyson Foods Inc 28,131 45,698 2,318 124,000
Century Aluminum Company 1,233 1,754 -43 1,778
Novelis Inc 0 13,705 556 11,970
Clearwater Paper Corporation 618 1,743 103 3,300
Boise Cascade Company 2,237 7,327 581 5,910
Deltic Timber Corp 1,134 229 9 536
Eco Building Products, Inc. 0 0 -11 4
Koppers Holdings Inc 686 1,679 147 742
Ufp Industries inc 4,368 7,405 423 9,300
Arconic Corporation 3,560 6,353 -452 0
Continental Building Products Inc 1,290 518 67 617
Aleris Corporation 0 3,376 -12 5,400
Solitario Zinc Corp 32 0 -2 5
Huntsman Corporation 5,998 7,039 689 15,000
Quaker Chemical Corporation 4,315 1,518 92 2,020
Westlake Chemical Corporation 11,317 9,079 981 8,870
Westlake Chemical Partners Lp 868 1,068 364 141
Yunhong Cti Ltd 29 27 0 105
Flasr, Inc. 0 0 0 1
Ourpets Co 20 28 1 53
Kaiser Aluminum Corporation 1,731 1,593 -12 2,760
Trecora Resources 206 229 20 310
Alarm com Holdings Inc 4,245 686 81 784
Channeladvisor Corporation 825 156 20 737
Everbridge Inc 6,181 316 -104 581
Ominto, Inc. 7 32 -12 30
Numerex Corp 75 67 -21 157
George Risk Industries Inc 68 19 10 175
Arcelormittal 34,474 53,270 -578 0
Patrick Industries Inc 1,947 2,995 145 0
SUBTOTAL 267,980 287,263 15,958 545,109


       
Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

CRXM's Profile

Stock Price

CRXM's Financials

Business Description

Fundamentals

Charts & Quotes

CRXM's News

Suppliers

CRXM's Competitors

Customers & Markets

Economic Indicators

CRXM's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Cryptocurrencies

Sectors & Industries

Commodities

Currencies

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.    Copyright © 2021 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

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
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071