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Significant Customer and Other Information (Tables)
 6 Months Ended
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
%