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, 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 six months ended March 31, 2016 and March 31, 2015:

	Three Months Ended March 31,						Six Months Ended March 31,
	2016			2015			2016			2015
Customer A		21	%		31	%		23	%		27	%
Customer B		18	%		*			15	%		*

* Less than 10%

As of March 31, 2016, Customer B accounted for 25% 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.