Supply Chain Financing

6 Months Ended

Aug. 31, 2020

Supply Chain Financing [Abstract]

Supply Chain Financing

(9) Supply Chain Financing

The Company has supply chain financing agreements and factoring agreements that were entered into for the purpose of accelerating receivable collection and better managing cash flow. The balances under the agreements are sold without recourse and are accounted for as sales of accounts receivable. Total receivable balances sold for the three and six months ended August 31, 2020, net of discounts, were $19,320 and $39,184, respectively, compared to $14,404 and $36,987, respectively, for the three and six months ended August 31, 2019.