Customer Concentrations and Accounts Receivable |
3 Months Ended |
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Jun. 30, 2015 | |
| Customer Concentrations and Accounts Receivable | |
| Customer Concentrations and Accounts Receivable |
4. Customer Concentrations and Accounts Receivable
Sales to Horizon Power Systems (“Horizon”), one of the Company’s domestic distributors and Industrias Energeticas, S.A. de C.V., one of the Company’s Mexican distributors, accounted for 22% and 10%, respectively, of revenue for the first quarter of Fiscal 2016. Sales to Horizon, BPC Engineering (“BPC”), one of the Company’s Russian distributors, and E-Finity Distributed Generation, LLC (“E-Finity”), one of the Company’s domestic distributors, accounted for 25%, 13% and 11%, respectively, of revenue for the first quarter of Fiscal 2015.
Additionally, Horizon, RSP Systems, one of the Company’s domestic distributors, Serba Dinamik Sdn Bhd, one of the Company’s Malaysian distributors (“Serba”), and Dtc Soluciones Inmobiliarias S.A. de C.V. (“DTC”), one of the Company’s Mexican distributors, accounted for 19%, 16%, 14% and 13%, respectively, of net accounts receivable as of June 30, 2015. Optimal Group Australia Pty Ltd (“Optimal”), one of the Company’s Australian distributors, accounted for 17% of net accounts receivable as of March 31, 2015.
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