Clearfield, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Major Customer Concentration

Note 9 - Major Customer Concentration	6 Months Ended
Mar. 31, 2024
Notes to Financial Statements
Concentration Risk Disclosure [Text Block]	Note 9. Major Customer Concentration For the three months ended March 31, 2024, the Company had two customers that comprised 15% and 11% of the Company’s net sales, respectively. Both customers are distributors. For the six months ended March 31, 2024, the Company had two customers that comprised 17% and 14% of the Company’s net sales, respectively. Both customers are distributors. For the three months ended March 31, 2023, the Company had one customer that comprised 17% of the Company’s net sales. That customer is a distributor. For the six months ended March 31, 2023, the Company had one customer that comprised 16% of the Company’s net sales. That customer is a distributor. As of March 31, 2024, three customers account for 15%, 13% and 10% of accounts receivable, respectively. These customers are all distributors. As of September 30, 2023, three customers accounted for 16%, 13%, and 11% of accounts receivable, respectively. These customers are also distributors.

Note 9 - Major Customer Concentration

6 Months Ended

Mar. 31, 2024

Concentration Risk Disclosure [Text Block]

Note 9. Major Customer Concentration

For the three months ended March 31, 2024, the Company had two customers that comprised 15% and 11% of the Company’s net sales, respectively. Both customers are distributors. For the six months ended March 31, 2024, the Company had two customers that comprised 17% and 14% of the Company’s net sales, respectively. Both customers are distributors.

For the three months ended March 31, 2023, the Company had one customer that comprised 17% of the Company’s net sales. That customer is a distributor. For the six months ended March 31, 2023, the Company had one customer that comprised 16% of the Company’s net sales. That customer is a distributor.

As of March 31, 2024, three customers account for 15%, 13% and 10% of accounts receivable, respectively. These customers are all distributors. As of September 30, 2023, three customers accounted for 16%, 13%, and 11% of accounts receivable, respectively. These customers are also distributors.