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Significant Customer and Other Information (Tables) | 6 Months Ended
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Sep. 30, 2023
Significant Customer and Other Information [Abstract] |
Concentrations of Risk | Significant Customer Concentrations The largest customers accounted for the following percentage of consolidated net sales:
|  | Three Months Ended September 30, |  |  | Six Months Ended September 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Net sales |  |  |  |  |  |  |  |  |  |  |  |
Customer A |  |  | 37 | % |  |  | 39 | % |  |  | 35 | % |  |  | 38 | %
Customer C |  |  | 27 | % |  |  | 26 | % |  |  | 27 | % |  |  | 23 | %
Customer B |  |  | 21 | % |  |  | 20 | % |  |  | 20 | % |  |  | 22 | %
Customer D |  |  | 4 | % |  |  | 4 | % |  |  | 5 | % |  |  | 4 | %
Revenues for Customers A through C were derived from the Hard Parts segment and Test Solutions and Diagnostic Equipment segment. Revenues for Customer D were derived from the Hard Parts segment. See Note 17 for a discussion of the Company’s segments. The largest customers accounted for the following percentage of accounts receivable – trade:
|  | September 30, 2023 |  |  | March 31, 2023 |
Accounts receivable - trade |  |  |  |  |  |
Customer A |  |  | 40 | % |  |  | 33 | %
Customer C |  |  | 24 | % |  |  | 21 | %
Customer B |  |  | 17 | % |  |  | 18 | %
Customer D |  |  | 6 | % |  |  | 12 | %
Geographic and Product Information The Company’s products are sold predominantly in North America and accounted for the following percentages of net sales:
|  | Three Months Ended September 30, |  |  | Six Months Ended September 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Product line |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rotating electrical products |  |  | 67 | % |  |  | 67 | % |  |  | 66 | % |  |  | 67 | %
Brake-related products |  |  | 20 | % |  |  | 20 | % |  |  | 21 | % |  |  | 19 | %
Wheel hub products |  |  | 9 | % |  |  | 11 | % |  |  | 10 | % |  |  | 11 | %
Other products |  |  | 4 | % |  |  | 2 | % |  |  | 3 | % |  |  | 3 | %
|  |  | 100 | % |  |  | 100 | % |  |  | 100 | % |  |  | 100 | %

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