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CONCENTRATION OF CREDIT RISK (Tables) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2024 | Dec. 31, 2023
Risks and Uncertainties [Abstract] |  |
SCHEDULE OF CONCENTRATION OF CREDIT RISK | The following table sets forth a summary of single customers who represent 10% or more of the Company’s total revenue. SCHEDULE OF CONCENTRATION OF CREDIT RISK
|  | For the six months ended June 30, |
|  | 2023 |  |  | 2024 |
|  | (Unaudited) |
Percentage of the Company’s total revenue |  |  |  |  |  |
Customer A |  |  | 56.8 | % |  |  | * |
Customer B |  |  | 13.5 | % |  |  | 12.8 | %
Customer C |  |  | 12.1 | % |  |  | 20.2 | %
Customer D |  |  | * |  |  |  | 14.9 | %
Customer K |  |  | * |  |  |  | 13.3 | %
The following table sets forth a summary of single customers who represent 10% or more of the Company’s total accounts receivable:
|  | As of |
|  | December 31, 2023 |  |  | June 30, 2024 |
|  |  |  |  | (Unaudited) |
Percentage of the Company’s accounts receivable |  |  |  |  |  |
Customer E |  |  | 15.9 | % |  |  | 12.4 | %
Customer F |  |  | 15.1 | % |  |  | 15.7 | %
Customer H |  |  | * |  |  |  | 12.6 | %
Customer K |  |  | * |  |  |  | 16.9 | %
The following table sets forth a summary of single suppliers who represent 10% or more of the Company’s total purchases:
|  | For the six months ended June 30, |
|  | 2023 |  |  | 2024 |
|  |  |  |  | (Unaudited) |
Percentage of the Company’s total purchase |  |  |  |  |  |
Supplier F |  |  | 32.6 | % |  |  | * |
Supplier G |  |  | * |  |  |  | 11.0 | %
Supplier H |  |  | * |  |  |  | 10.7 | %
| The following table sets forth a summary of single customers who represent 10% or more of the Company’s total revenue. SCHEDULE OF CONCENTRATION OF CREDIT RISK
|  | For the years ended December 31, |
|  | 2022 |  |  | 2023 |
Percentage of the Company’s total revenue |  |  |  |  |  |
Customer A |  |  | 19.5 | % |  |  | 52.1 | %
Customer B |  |  | -* |  |  |  | 13.2 | %
Customer C |  |  | 23.3 | % |  |  | 11.4 | %
Customer D |  |  | 13.9 | % |  |  | -* |
The following table sets forth a summary of single customers who represent 10% or more of the Company’s total accounts receivable:
|  | As of December 31, |
|  | 2022 |  |  | 2023 |
Percentage of the Company’s accounts receivable |  |  |  |  |  |
Customer A |  |  | 20.2 | % |  |  | 45.1 | %
Customer E |  |  | -* |  |  |  | 15.9 | %
Customer F |  |  | 14.5 | % |  |  | 15.1 | %
Customer D |  |  | 23.4 | % |  |  | -* |
Customer G |  |  | 10.5 | % |  |  | -* |
The following table sets forth a summary of single customer who represent 10% or more of the Company’s total advance from customers:
|  | As of December 31, |
|  | 2022 |  |  | 2023 |
Percentage of the Company’s advance from customers |  |  |  |  |  |
Customer H |  |  | 76.9 | % |  |  | 77.6 | %
Customer I |  |  | -* |  |  |  | 11.3 | %
Customer J |  |  | 11.4 | % |  |  | -* |
The following table sets forth a summary of single suppliers who represent 10% or more of the Company’s total purchases:
|  | For the years ended December 31, |
|  | 2022 |  |  | 2023 |
Percentage of the Company’s total purchase |  |  |  |  |  |
Supplier A |  |  | -* |  |  |  | 24.0 | %
Supplier B |  |  | -* |  |  |  | 11.3 | %
The following table sets forth a summary of single suppliers who represent 10% or more of the Company’s total accounts payable:
|  | As of December 31, |
|  | 2022 |  |  | 2023 |
Percentage of the Company’s accounts payable |  |  |  |  |  |
Supplier B |  |  | -* |  |  |  | 11.6 | %
Supplier A |  |  | 15.3 | % |  |  | -* |
Supplier C |  |  | 11.8 | % |  |  | -* |
MKDWELL TECH INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (In U.S. dollars, except share and per share data)
19. | CONCENTRATION OF CREDIT RISK - Continued
The following table sets forth a summary of single suppliers who represent 10% or more of the Company’s total advance to supplier:
|  | As of December 31, |
|  | 2022 |  |  | 2023 |
Percentage of the Company’s advance to supplier |  |  |  |  |  |
Supplier D |  |  | 13.2 | % |  |  | -* |
Supplier C |  |  | 14.5 | % |  |  | -* |
Supplier E |  |  | 48.1 | % |  |  | -* |
* |  | Represent percentage less than 10%

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