Major Customers and Suppliers |
6 Months Ended |
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Jul. 02, 2022 | |
Risks and Uncertainties [Abstract] | |
Major Customers and Suppliers |
Note 20: Major Customers and Suppliers For the 13 weeks ended July 2, 2022, eight customers represented approximately 50% of the Company’s total revenue. For the 13 weeks and 26 weeks ended July 3, 2021, one customer represented approximately 14% of the Company's total revenue. For the 26 weeks ended July 2, 2022, four customers represented approximately 33% of the Company’s total revenue. For the 26 weeks ended July 3, 2021, one customer represented approximately 17% of the Company's total revenue As of July 2, 2022, four customers represented a combined 39% of the Company’s total trade receivables. As of January 1, 2022, five customers represented five percent or more than of the Company's total trade receivables, and represented 38% of the Company's trade receivables in aggregate. During the 26 weeks ended July 2, 2022 and July 3, 2021, the Company purchased appliances for resale from five and four suppliers, respectively. The Company has, and is continuing to, secure other vendors from which to purchase appliances. However, the curtailment or loss of one of these suppliers or any appliance supplier could adversely affect the Company’s operations. |
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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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