Accounts Receivable - Net

3 Months Ended

Jun. 30, 2023

Accounts Receivable - Net [Abstract]

Accounts Receivable - Net

3. Accounts Receivable — Net

The Company has trade accounts receivable that result from the sale of goods and services. Accounts receivable — net includes offset accounts related to allowances for credit losses, customer payment discrepancies, and returned goods authorizations (“RGAs”) issued for in-transit unit returns. The Company uses receivable discount programs with certain customers and their respective banks (see Note 10).

Accounts receivable — net is comprised of the following:

	June 30, 2023			March 31, 2023
Accounts receivable — trade	$	165,486,000		$	136,076,000
Allowance for credit losses		(303,000	)		(339,000	)
Customer payment discrepancies		(2,076,000	)		(1,634,000	)
Customer returns RGA issued		(16,462,000	)		(14,235,000	)
Total accounts receivable — net	$	146,645,000		$	119,868,000