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Concentration of Credit Risk and Significant Customers | 12 Months Ended
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Jun. 30, 2020
Risks and Uncertainties [Abstract] |
Concentration of Credit Risk and Significant Customers | Concentration of Credit Risk and Significant Customers The Company manages its credit risk associated with exposure to distributors and direct customers on outstanding accounts receivable through the application of credit approvals, credit ratings and other monitoring procedures. In some instances, the Company also obtains letters of credit from certain customers. Credit sales, which are mainly on credit terms of 30 to 60 days, are only made to customers who meet the Company's credit standards, while sales to new customers or customers with low credit ratings are usually made on an advance payment basis. The Company considers its financial assets to be of good credit quality because its key distributors and direct customers have long-standing business relationships with the Company and the Company has not experienced any significant bad debt write-offs of accounts receivable in the past. The Company closely monitors the aging of accounts receivable from its distributors and direct customers, and regularly reviews their financial positions, where available. The Company ships its product indirectly to Huawei and its affiliates (collectively, “Huawei”) through distributors. Typically, the Company sells its products to distributors who then sell to original design manufacturers (“ODMs”) that incorporate our products into end applications that are then shipped to Huawei. While distributor point of sale reports summarize distributor sales to ODMs, the Company must make certain assumptions and estimates in order to determine the amount of revenues attributed to indirect shipment to Huawei. During the fiscal year ended June 30, 2019, the estimated revenues attributed to indirect shipment to Huawei were approximately 2% of total revenues. During the period from May 2019 to December 2019, estimated revenues earned by the Company from shipments indirectly made to Huawei were in the range of $11 million to $13 million. See Note 13. Summarized below are individual customers whose revenue or accounts receivable balances were 10% or higher than the respective total consolidated amounts:
|  | Year Ended June 30,
Percentage of revenue |  | 2020 |  | 2019 |  | 2018
Customer A |  | 29.3 | % |  | 28.8 | % |  | 28.3 | %
Customer B |  | 35.5 | % |  | 36.4 | % |  | 35.2 | %
|  | June 30,
Percentage of accounts receivable |  | 2020 |  | 2019
Customer A |  | * |  |  | 12.1 | %
Customer B |  | * |  |  | 19.7 | %
Customer C |  | 29.8 | % |  | 18.1 | %
Customer D |  | * |  |  | 13.3 | %
Customer E |  | 20.1 | % |  | * |
Customer F |  | 10.4 | % |  | * |
Customer G |  | 10.3 | % |  | * |
Customer H |  | 10.9 | % |  | * |
* Less than 10%

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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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -URI http://asc.fasb.org/topic&trid=2134479 + Details
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- References No definition available. + Details
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