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

3 Months Ended

Dec. 31, 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 months ended December 31, 2014 and December 31, 2013:

	Three Months Ended December 31,
	2014			2013
Customer A		23	%		11	%
Customer B		*			48	%

* Less than 10%

As of both December 31, 2014 and September 30, 2014, Customer C accounted for 10% 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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