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

6 Months Ended

Mar. 31, 2015

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 six months ended March 31, 2015 and March 31, 2014:

	Three Months Ended March 31,						Six Months Ended March 31,
	2015			2014			2015			2014
Customer A		*			22	%		*			36	%
Customer B		31	%		18	%		27	%		14	%
Customer C		*			11	%		*			*

* Less than 10%

As of March 31, 2015, Customer B accounted for 16% of accounts receivable. As of September 30, 2014, another customer 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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