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REVENUES (Tables)
9 Months Ended
Dec. 31, 2024
REVENUES [Abstract]  
Balance of Accounts Receivables-Trade Net, Contract Assets, and Contract Liabilities The following table provides a disaggregation of our balance in accounts receivable—trade, net (in thousands):
  
December 31, 2024
 
March 31, 2024
Accounts receivable
 
$
584,991
  
$
635,370
 
Contract assets
  
12,851
   
11,795
 
Allowance for credit losses
  
(3,667
)
  
(2,549
)
Total accounts receivable—trade, net
 
$
594,175
  
$
644,616
 
Contract liabilities represent our obligation to transfer goods or services to a customer for which we received consideration, or the amount is due from the customer. The following table provides our total balance of contract liabilities (in thousands):
  
December 31, 2024
 
March 31, 2024
Current (included in deferred revenue)
 
$
154,063
  
$
134,110
 
Non-current (included in other liabilities)
 
$
81,940
  
$
68,174
 
Remaining Performance Obligations The following table includes revenue expected to be recognized in the future related to performance obligations, primarily non-cancelable contracts for ePlus managed services, that are unsatisfied or partially unsatisfied at the end of the reporting period (in thousands):
Remainder of the year ending March 31, 2025
 
$
30,911
 
Year ending March 31, 2026
  
73,090
 
Year ending March 31, 2027
  
38,922
 
Year ending March 31, 2028
  
17,869
 
Year ending March 31, 2029, and thereafter
  
11,388
 
Total remaining performance obligations
 
$
172,180