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Novaccess Global Inc   (XSNX)
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Novaccess Global Inc 's Suppliers Performance

XSNX's Supply Chain

 
XSNX Costs vs Sales of Suppliers Growth Novaccess Global Inc 's Suppliers recorded increase in sales by 11.55 % year on year in Q1 2021, sequentially sales grew by 0.87 %, while their net margin rose to 26.83 % year on year, Novaccess Global Inc 's Suppliers improved sequentially profit margin to 0.87 %,

More on XSNX Suppliers




Novaccess Global Inc 's Suppliers recorded increase in sales by 11.55 % year on year in Q1 2021, sequentially sales grew by 0.87 %, while their net margin rose to 26.83 % year on year, Novaccess Global Inc 's Suppliers improved sequentially profit margin to 0.87 %,

More on XSNX Suppliers




Novaccess Global Inc 's Comment on Supply Chain


We purchase all of our system components such as solar panels, inverters, batteries, charge controllers, management software, and solar module mounting hardware directly from manufacturers and supply houses. When possible, we have established direct factory purchasing relationships. We have selected these suppliers and components based on cost, reliability, availability, warranty coverage, ease of installation, application design and suitability, and technology advantages.

Additionally, to compete favorably we have established relationships with lenders through which we can introduce financing options for the systems we design and install. These financing options provide an alternative cash management solution for our target customers, and a sales inducement to purchase systems.

For the foreseeable future we anticipate that we will purchase the system components for each project on an as-needed basis from suppliers at the then-prevailing prices pursuant to purchase orders issued. Due to the volatility of component pricing we do not anticipate any supplier arrangements that will contain long-term pricing or volume commitments. Should our sales results, volume, and market conditions warrant we may in the future elect to make purchase commitments to ensure sufficient supply and reduced pricing of the components that we use.

Our operations focus is to provide complete project design, management of engineering, facility preparation, installation of systems, repair or restoration to all affected areas resulting from the installation process, and any ongoing maintenance. To accomplish this we use the services of licensed service professionals in each of the representative trades or specialties necessary. Additionally, we provide qualified staff to supervise project operations, inspections, and system start up and energizing.

Novaccess Global Inc 's Comment on Supply Chain


We purchase all of our system components such as solar panels, inverters, batteries, charge controllers, management software, and solar module mounting hardware directly from manufacturers and supply houses. When possible, we have established direct factory purchasing relationships. We have selected these suppliers and components based on cost, reliability, availability, warranty coverage, ease of installation, application design and suitability, and technology advantages.

Additionally, to compete favorably we have established relationships with lenders through which we can introduce financing options for the systems we design and install. These financing options provide an alternative cash management solution for our target customers, and a sales inducement to purchase systems.

For the foreseeable future we anticipate that we will purchase the system components for each project on an as-needed basis from suppliers at the then-prevailing prices pursuant to purchase orders issued. Due to the volatility of component pricing we do not anticipate any supplier arrangements that will contain long-term pricing or volume commitments. Should our sales results, volume, and market conditions warrant we may in the future elect to make purchase commitments to ensure sufficient supply and reduced pricing of the components that we use.

Our operations focus is to provide complete project design, management of engineering, facility preparation, installation of systems, repair or restoration to all affected areas resulting from the installation process, and any ongoing maintenance. To accomplish this we use the services of licensed service professionals in each of the representative trades or specialties necessary. Additionally, we provide qualified staff to supervise project operations, inspections, and system start up and energizing.


XSNX's Suppliers Net Income grew by XSNX's Suppliers Net margin grew in Q1 to
262.62 % 26.83 %


Novaccess Global Inc 's Suppliers Sales Growth in Q1 2021 by Industry

Suppliers in Chemicals - Plastics & Rubber Industry -23.85 %   
Suppliers in Miscellaneous Fabricated Products Industry      11.3 %
Suppliers in Construction Raw Materials Industry  
Suppliers in Conglomerates Industry      4.64 %
Suppliers in Food Processing Industry      21.62 %
Suppliers in Renewable Energy Services & Equipment Industry      50.97 %
Suppliers in Miscellaneous Financial Services Industry  
Suppliers in Communications Equipment Industry      37.6 %
Suppliers in Semiconductors Industry      41.07 %
     
• XSNX Suppliers Valuation • XSNX Segment Rev. Growth • XSNX Segment Inc. Growth • XSNX Suppliers Mgmt. Effect.





XSNX's vs. Suppliers, Data

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



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Novaccess Global Inc 9 2 -7 2
Mma Capital Holdings Inc 159 33 95 55
Str Holdings, Inc. 2 7 -9 135
Graphene and Solar Technologies Ltd 329 4 -5 1
Vicor Corp 4,842 301 22 964
First Solar Inc 8,923 2,983 517 6,060
Corning Inc 34,422 13,142 1,727 34,600
3m Company 116,708 34,734 5,959 89,800
ROHM AND HAAS COMPANY 0 0 0 0
Dupont De Nemours Inc 44,866 19,152 3,085 63,000
Applied Materials Inc 127,194 19,827 4,432 14,000
Dow Inc 46,642 46,185 4,191 53,000
Sunedison, Inc. 0 0 0 7,260
Honeywell International Inc 161,569 33,959 5,055 131,000
Eurosite Power Inc. 0 0 0 7
Kmg Chemicals Inc 1,211 466 65 626
Versum Materials Inc 5,787 1,341 86 1,900
Matthews International Corp 1,050 1,562 12 10,300
SUBTOTAL 553,704 173,695 25,233 412,708


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