ACCOUNTS AND NOTES RECEIVABLE	12 Months Ended
Jan. 31, 2022
ACCOUNTS AND NOTES RECEIVABLE
ACCOUNTS AND NOTES RECEIVABLE	NOTE 6 – ACCOUNTS AND NOTES RECEIVABLE The Company generally extends credit to a customer based on an evaluation of the customer’s financial condition without requiring tangible collateral. Exposure to losses on accounts and notes receivable is expected to differ due to the varying financial condition of each customer. The Company monitors its exposure to credit losses and may establish an allowance for credit losses based on management’s estimate of the loss that is expected to occur over the remaining life of the particular financial asset. For Fiscal 2022, the amount of the provision for credit losses expected by management was $2.4 million. The amounts of the provision for credit losses for Fiscal 2021 and Fiscal 2020 were insignificant. The allowance for credit losses as of January 31, 2022 was $2.4 million. The amount of the allowance for credit losses as of January 31, 2021 was insignificant.

ACCOUNTS AND NOTES RECEIVABLE

12 Months Ended

Jan. 31, 2022

NOTE 6 – ACCOUNTS AND NOTES RECEIVABLE

The Company generally extends credit to a customer based on an evaluation of the customer’s financial condition without requiring tangible collateral. Exposure to losses on accounts and notes receivable is expected to differ due to the varying financial condition of each customer. The Company monitors its exposure to credit losses and may establish an allowance for credit losses based on management’s estimate of the loss that is expected to occur over the remaining life of the particular financial asset. For Fiscal 2022, the amount of the provision for credit losses expected by management was $2.4 million. The amounts of the provision for credit losses for Fiscal 2021 and Fiscal 2020 were insignificant. The allowance for credit losses as of January 31, 2022 was $2.4 million. The amount of the allowance for credit losses as of January 31, 2021 was insignificant.