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8. CONCENTRATIONS
6 Months Ended
Mar. 31, 2019
Risks and Uncertainties [Abstract]  
CONCENTRATIONS

NOTE 8                CONCENTRATIONS

 

Concentration of Revenues and Accounts Receivable

 

For the three and six months ended March 31, 2019 and 2018, the Company had significant customers with individual percentage of total revenues equaling 10% or greater. The concentration of revenues and accounts receivable for each reporting segment are as follows:

 

Distribution Segment Revenues Concentration

 

  For the Three Months Ended
March 31,
For the Six Months Ended
March 31,
2019 2018 2019  2018
Customer 1 29.9% 20.7% 28.7% 24.2%
Customer 2 28.7% 28.2% 30.0% 29.7%
Customer 3 15.3% 25.5% 14.6% 21.4%
Customer 4 11.1% 8.5% 10.3% 9.6%
Totals 85.0% 82.9% 83.6% 84.9%

 

Design Segment Revenues Concentration

 

  For the Three Months Ended
March 31,
For the Six Months Ended
March 31,
2019 2018 2019 2018
Customer 1 23.2% 14.5% 18.6% 14.5%
Customer 2 7.9% 11.0% 10.5% 11.0%
Customer 3 1.4% 0.9% 11.4% 0.9%
Customer 4 0.6% 11.9% 4.4% 11.9%
Totals 33.1% 38.3% 44.9% 38.3%

 

At March 31, 2019 and September 30, 2018, concentration of accounts receivable with significant customers representing 10% or greater of segment accounts receivable was as follows:

 

Distribution Segment Accounts Receivable Concentration

 

  March 31, 2019 September 30, 2018
Customer 1 29.5% 29.6%
Customer 2 23.1% 15.6%
Customer 3 18.3% 23.6%
Customer 4 15.2% 17.0%
Totals 86.1% 85.8%

 

Design Segment Accounts Receivable Concentration

 

  March 31, 2019 September 30, 2018
Customer 1 26.2% 28.2%
Customer 2 16.4% 0.0%
Customer 3 6.6% 26.4%
Totals 49.2% 54.6%