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, 2016

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, 2016 and June 30, 2015:

	Three Months Ended June 30,						Nine Months Ended June 30,
	2016			2015			2016			2015
Customer A		15	%		29	%		20	%		27	%
Customer B		20	%		12	%		17	%		*
Customer C		11	%		*			*			*

* Less than 10%

As of June 30, 2016, Customer B accounted for 24% of accounts receivable. As of September 30, 2015, Customers B and A accounted for 17% and 14% of accounts receivable, respectively. Customers A and B are both distributors. Customer C is an Alternative Carrier.