REVENUE RECOGNITION (Tables)

3 Months Ended

Oct. 31, 2020

Revenue from Contract with Customer [Abstract]

The following tables detail the Company’s net sales for the periods presented by customer channel for each of its segments. The Company does not record its revenues within its Wholesale reportable segment for financial reporting purposes by product group, and it is therefore impracticable for it to report them accordingly.


	Net Sales for the 13-Week Period Ended
(in millions)	October 31, 2020
Customer Channel	Wholesale		Retail		Other		Eliminations		Consolidated
Chains	$	3,020	$	—	$	—	$	—	$	3,020
Independent retailers	1,672		—		—		—		1,672
Supernatural	1,214		—		—		—		1,214
Retail	—		595		—		—		595
Other	525		—		56		—		581
Eliminations	—		—		—		(409)		(409)
Total	$	6,431	$	595	$	56	$	(409)	$	6,673

	Net Sales for the 13-Week Period Ended
(in millions)	November 2, 2019(1)
Customer Channel	Wholesale		Retail		Other		Eliminations		Consolidated
Chains	$	2,875	$	—	$	—	$	—	$	2,875
Independent retailers	1,557		—		—		—		1,557
Supernatural	1,111		—		—		—		1,111
Retail	—		515		—		—		515
Other	525		—		65		—		590
Eliminations	—		—		—		(351)		(351)
Total	$	6,068	$	515	$	65	$	(351)	$	6,297

(1)In first quarter of fiscal 2021, the presentation of net sales by customer channel has been recast to present the Chains and Other channel exclusive of the intercompany eliminations and present total eliminations as a separate sales channel. There was no impact to the Condensed Consolidated Statements of Operations. UNFI believes this new basis better reflects its channel presentation, as it further aligns with segment presentation and how sales channel information would appear following disposition of Retail, assuming all banners retain a supply agreement. In addition, during the fourth quarter of fiscal 2020, the presentation of net sales by customer channel was recast to be presented on a basis consistent with customer size. International customers other than Canada, and alternative format sales continue to be classified within Other. The main effect of the change was to re-categorize the former Supermarkets and Independents channels, previously classified by the majority of product carried by those customers between conventional and natural products, respectively, to classify those stores by the number of customer locations we supply. There was no impact to the Condensed Consolidated Statements of Operations as a result of the reclassification of customer types. We believe this new basis better reflects the nature and economic risks of cash flows from customers.

Schedule of accounts, notes, loans and financing receivable

Accounts and notes receivable are as follows:


(in thousands)	October 31, 2020		August 1, 2020
Customer accounts receivable	$	1,207,609	$	1,156,694
Allowance for uncollectible receivables	(57,987)		(55,928)
Other receivables, net	16,324		19,433
Accounts receivable, net	$	1,165,946	$	1,120,199

Customer notes receivable, net, included within Prepaid expenses and other current assets	$	45,264	$	49,268
Long-term notes receivable, net, included within Other assets	$	19,497	$	25,800