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Accounts Receivable Discount Programs (Tables) | 9 Months Ended
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Dec. 31, 2021
Accounts Receivable Discount Programs [Abstract] |
Accounts Receivable Discount Programs | The following is a summary of accounts receivable discount programs:
|  | Nine Months Ended December 31, |
|  | 2021 |  |  | 2020 |
Receivables discounted |  | $ | 418,044,000 |  |  | $ | 367,102,000 |
Weighted average days |  |  | 335 |  |  |  | 333 |
Annualized weighted average discount rate |  |  | 1.7 | % |  |  | 2.1 | %
Amount of discount recognized as interest expense |  | $ | 6,798,000 |  |  | $ | 7,277,000 |

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- Definition Tabular disclosure of accounts receivable factored out to banks. Disclosure includes amounts factored, weighted average days, weighted average discount rate and amount of discount. + References No definition available. + Details
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