Clearfield Inc

NASDAQ CLFD

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Clearfield Inc Sales to Working Capital Ratio 2 year CAGR for the quarter ending March 31, 2024: -53.10%

Clearfield Inc Sales to Working Capital Ratio 2 year CAGR is -53.10% for the quarter ending March 31, 2024, a -62.68% change year over year. The sales to working capital ratio measures the revenue generated by a company relative to its working capital. It is calculated by dividing the revenue by the difference between current assets and current liabilities. This ratio indicates the company's revenue generation efficiency based on its working capital. A higher sales to working capital ratio suggests better utilization of working capital to generate sales revenue. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Clearfield Inc Sales to Working Capital Ratio for the quarter ending March 31, 2023 was 0.28, a -62.09% change year over year.
  • Clearfield Inc Sales to Working Capital Ratio for the quarter ending March 31, 2022 was 0.73, a 19.70% change year over year.
  • Clearfield Inc Sales to Working Capital Ratio for the quarter ending March 31, 2021 was 0.61, a 5.05% change year over year.
  • Clearfield Inc Sales to Working Capital Ratio for the quarter ending March 31, 2020 was 0.58, a 16.97% 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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