TRADE AND OTHER ACCOUNTS RECEIVABLE, NET	9 Months Ended
Feb. 28, 2023
TRADE AND OTHER ACCOUNTS RECEIVABLE, NET
TRADE AND OTHER ACCOUNTS RECEIVABLE, NET	7. TRADE AND OTHER ACCOUNTS RECEIVABLE, NET Trade accounts receivable represent customer trade receivables. As of February 28, 2023 and May 31, 2022, there were no allowances for doubtful accounts. Trade accounts receivable is derived from the sale of products throughout the world to semiconductor manufacturers, semiconductor contract assemblers, electronics manufacturers and burn-in and test service companies. Other accounts receivable represents non-customer trade related receivables that are derived from the sale of raw materials to our subcontractors. The Company’s allowance for doubtful accounts is based upon historical experience and review of trade receivables by aging category to identify specific customers with known disputes or collection issues. Uncollectible receivables are recorded as bad debt expense when all efforts to collect have been exhausted and recoveries are recognized when they are received.

TRADE AND OTHER ACCOUNTS RECEIVABLE, NET

9 Months Ended

Feb. 28, 2023

TRADE AND OTHER ACCOUNTS RECEIVABLE, NET

TRADE AND OTHER ACCOUNTS RECEIVABLE, NET

7. TRADE AND OTHER ACCOUNTS RECEIVABLE, NET

Trade accounts receivable represent customer trade receivables. As of February 28, 2023 and May 31, 2022, there were no allowances for doubtful accounts. Trade accounts receivable is derived from the sale of products throughout the world to semiconductor manufacturers, semiconductor contract assemblers, electronics manufacturers and burn-in and test service companies. Other accounts receivable represents non-customer trade related receivables that are derived from the sale of raw materials to our subcontractors. The Company’s allowance for doubtful accounts is based upon historical experience and review of trade receivables by aging category to identify specific customers with known disputes or collection issues. Uncollectible receivables are recorded as bad debt expense when all efforts to collect have been exhausted and recoveries are recognized when they are received.