Clearfield Inc

NASDAQ CLFD

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Clearfield Inc Inventory Turnover Ratio for the quarter ending March 31, 2024: 0.41

Clearfield Inc Inventory Turnover Ratio is 0.41 for the quarter ending March 31, 2024, a -15.19% change year over year. The inventory turnover ratio measures the efficiency of a company's inventory management by assessing how quickly it sells and replaces its inventory. It is calculated by dividing the cost of revenue by the average inventory value. This ratio indicates the number of times the company's inventory is sold and replaced within a specific period. A higher turnover ratio suggests efficient inventory management, while a lower ratio may indicate slow sales or excess inventory.
  • Clearfield Inc Inventory Turnover Ratio for the quarter ending March 31, 2023 was 0.48, a -3.91% change year over year.
  • Clearfield Inc Inventory Turnover Ratio for the quarter ending March 31, 2022 was 0.50, a -56.52% change year over year.
  • Clearfield Inc Inventory Turnover Ratio for the quarter ending March 31, 2021 was 1.15, a 9.20% change year over year.
  • Clearfield Inc Inventory Turnover Ratio for the quarter ending March 31, 2020 was 1.05, a -28.05% change year over year.
NASDAQ: CLFD

Clearfield Inc

CEO Ms. Cheryl P. Beranek
IPO Date Aug. 7, 1986
Location United States
Headquarters 7050 Winnetka Avenue North, Minneapolis, MN, United States, 55428
Employees 400
Sector Technology
Industry Communication equipment
Description

Clearfield, Inc. manufactures and sells various fiber connectivity products in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures; WaveSmart, an optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and active cabinet products. It also provides CraftSmart FiberFirst pedestals, an access terminal that offers a cable management and mounting bracket kit to support the deployment of access terminals; YOURx, an access terminal that provides flexibility with cable mid-span and internal splicing options; and FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment. In addition, the company offers fiber assemblies; fiber optic and copper cables, microducts, microduct accessories, and tools; and installation and connection accessories for fiber optic networks. It serves community broadband customers, multiple system operators, large regional service providers, and wireline/wireless national telco carriers. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was incorpoarted in 1979 and is headquartered in Minneapolis, Minnesota.

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StockViz Staff

September 19, 2024

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