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

Quarterly report pursuant to Section 13 or 15(d)

Note 7 - Major Customer Concentration

Note 7 - Major Customer Concentration

9 Months Ended

Jun. 30, 2014

Concentration Risk Disclosure [Text Block]

Note 7. Major Customer Concentration

The following table summarizes customers comprising 10% or more of net sales for the three and nine months ended June 30, 2014 and June 30, 2013:

	Three Months Ended June 30,						Nine Months Ended June 30,
	2014			2013			2014			2013
Customer A		21	%		19	%		16	%		22	%
Customer B		10	%		*			*			*
Customer C		*			12	%		26	%		13	%

* Less than 10%

As of June 30, 2014, Customer B accounted for 15% of accounts receivable. As of September 30, 2013, Customer C accounted for 57% of accounts receivable.

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

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