XML 23 R11.htm IDEA: XBRL DOCUMENT v3.10.0.1
ACCOUNTS RECEIVABLE
9 Months Ended
Oct. 31, 2018
ACCOUNTS RECEIVABLE  
ACCOUNTS RECEIVABLE

NOTE 6 – ACCOUNTS RECEIVABLE

 

The Company may extend credit to a customer based on an evaluation of the customer’s financial condition, generally without requiring collateral. Exposure to losses on accounts and notes receivable is expected to differ by customer due to the varying financial condition of each customer. The Company monitors its exposure to credit losses and maintains an allowance for anticipated losses considered necessary under the circumstances based on historical experience with uncollected accounts and a review of its currently outstanding amounts receivable. At October 31, 2018, Company’s allowance for uncollectible accounts was $0.2 million. As of January 31, 2018, the amount of the allowance for uncollectible accounts was not material.