Quarterly report pursuant to Section 13 or 15(d)

Major Customers and Vendors

v3.8.0.1
Major Customers and Vendors
3 Months Ended
Mar. 31, 2018
Major Customers and Vendors  
Major Customers and Vendors

 

10.        Major Customers and Vendors:

 

The Company had two major vendors that accounted for 31.7% and 14.7%, respectively, of total purchases during the three months ended March 31, 2018. The Company had two major vendors that accounted for 30.8% and 13.4%, respectively, of total purchases during the three months ended March 31, 2017. The Company had two major customers that accounted for 25.9% and 18.2%, respectively, of its net sales during the three months ended March 31, 2018. These same customers accounted for 34.6% and 13.5% respectively, of total net accounts receivable as of March 31, 2018. The Company had two major customers that accounted for 20.4% and 19.1%, respectively, of its net sales during the three months ended March 31, 2017.