Concentration of major customers and suppliers	6 Months Ended
Mar. 31, 2022
Concentration of major customers and suppliers
Concentration of major customers and suppliers	Note 12 — Concentration of major customers and suppliers For the six months ended March 31, 2022 and 2021, one major customer accounted for approximately 39% and 79% of the Company’s total sales, respectively. Any decrease in sales to these major customers may negatively impact the Company’s operations and cash flows if the Company fails to increase its sales to other customers. As of March 31, 2022, one major customer accounted for approximately 86% of the Company’s accounts receivable balance, respectively. As of September 30, 2021, two major customers accounted for approximately 75% and 18% of the Company’s accounts receivable balance, respectively. For the six months ended March 31, 2022, three major suppliers accounted for approximately 33%, 15% and 12% of the total purchases, respectively. For the six months ended March 31, 2021, three major suppliers accounted for approximately 53%, 26% and 15% of the total purchases, respectively. As of March 31, 2022, four major suppliers accounted for approximately 40%, 31% 18% and 11% of the Company’s advances to suppliers balance. As of September 30, 2021, four major suppliers accounted for approximately 32%, 28%, 24% and 16% of the Company’s advances to suppliers balance.

Concentration of major customers and suppliers

6 Months Ended

Mar. 31, 2022

Concentration of major customers and suppliers

Concentration of major customers and suppliers

Note 12 — Concentration of major customers and suppliers

For the six months ended March 31, 2022 and 2021, one major customer accounted for approximately 39% and 79% of the Company’s total sales, respectively. Any decrease in sales to these major customers may negatively impact the Company’s operations and cash flows if the Company fails to increase its sales to other customers.

As of March 31, 2022, one major customer accounted for approximately 86% of the Company’s accounts receivable balance, respectively. As of September 30, 2021, two major customers accounted for approximately 75% and 18% of the Company’s accounts receivable balance, respectively.

For the six months ended March 31, 2022, three major suppliers accounted for approximately 33%, 15% and 12% of the total purchases, respectively. For the six months ended March 31, 2021, three major suppliers accounted for approximately 53%, 26% and 15% of the total purchases, respectively.

As of March 31, 2022, four major suppliers accounted for approximately 40%, 31% 18% and 11% of the Company’s advances to suppliers balance. As of September 30, 2021, four major suppliers accounted for approximately 32%, 28%, 24% and 16% of the Company’s advances to suppliers balance.