Quarterly report pursuant to Section 13 or 15(d)

Major Customers and Vendor

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Major Customers and Vendor
9 Months Ended
Sep. 30, 2015
Major Customers and Vendors  
Major Customers and Vendor

 

 

9.The Company had one major vendor that accounted for 24.3% and 26.2% of total purchases during the nine months and three months, respectively, that ended September 30, 2015. The Company had one major vendor that accounted for 13.6% and 17.3% of total purchases during the nine months and three months, respectively, that ended September 30, 2014 .The Company had two major customers that accounted for 18.8% and 17.9%, respectively, of its total net sales during the nine months ended September 30, 2015, and 20.5%, and 18.1% of total net sales for the three months ended September 30, 2015. These same customers accounted for 11.9% and 18.8%, respectively, of total net accounts receivable as of September 30, 2015.  The Company had three major customers that accounted for 16.7%, 16.4% and 10.9% of its total net sales during the nine months ended September 30, 2014, and 16.8%, 18.7% and 10.6% of total net sales for the three months ended September 30, 2014.