NET SALES BY PRODUCT LINE AND GEOGRAPHY

12 Months Ended

Apr. 30, 2018

NET SALES BY PRODUCT LINE AND GEOGRAPHY

NET SALES BY PRODUCT LINE AND GEOGRAPHY

NOTE 13—NET SALES BY PRODUCT LINE AND GEOGRAPHY

Torotel’s net sales by product line and geography for the periods presented were as follows:

Years ended April 30,	2018		2017
Magnetic components	$	9,251,000	$	7,924,000
Potted coil assembly		5,962,000		5,268,000
Electro-mechanical assemblies		3,060,000		3,098,000
Large transformers		123,000		12,000
Total	$	18,396,000	$	16,302,000

Years ended April 30,	2018		2017
Domestic	$	16,236,556	$	14,755,000
Foreign		2,159,444		1,547,000
Total consolidated net sales	$	18,396,000	$	16,302,000

Torotel currently has a primary base of approximately 19 customers that provide nearly 90% of its annual sales volume.  Sales to two major customers as a percentage of consolidated net sales for the fiscal year ended April 30, 2018 was 34% and 18% respectively. Sales to two major customers as a percentage of consolidated net sales for the fiscal year ended April 30, 2017 was 34% and 23% respectively. Trade receivables from one major customer as a percentage of consolidated net trade receivables for the fiscal years ended April 30, 2018 and 2017 was 36% and 27%, respectively.