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Accounts Receivable

12 Months Ended

Dec. 31, 2023

At the end of each period, accounts receivable were comprised of the following:


	As of December 31,
(in millions)	2023		2022
Accounts receivable trade, net	$	234.5	$	128.6
Unbilled receivable	5.7		12.3
Accounts receivable, net	$	240.2	$	140.9

The percentages of total net accounts receivable trade for customers that represent 10% or more of total net accounts receivable trade were as follows:


	As of December 31,
	2023	2022
Distributor A	35%	34%
Distributor B	25%	23%
Distributor C	18%	11%

The following table presents the activity in the allowance for credit losses, which is comprised primarily of the Company’s direct consumer receivable portfolio. The allowance for credit losses of other portfolios is insignificant.


	Year Ended December 31,
(in millions)	2023		2022		2021
Credit losses at beginning of year	$	2.5	$	2.7	$	2.9
Provision for expected credit losses	2.3		4.2		3.1
Write-offs charged against allowance	(2.6)		(4.9)		(3.8)
Recoveries of amounts previously reserved	0.3		0.5		0.5
Credit losses at end of year	$	2.5	$	2.5	$	2.7