XML 46 R36.htm IDEA: XBRL DOCUMENT v3.23.3
Accounts Receivable Discount Programs (Tables)
6 Months Ended
Sep. 30, 2023
Accounts Receivable Discount Programs [Abstract]  
Accounts Receivable Discount Programs
The following is a summary of accounts receivable discount programs:

   
Six Months Ended
 
 
 
September 30,
 
 
 
2023
   
2022
 
Receivables discounted
 
$
255,303,000
   
$
283,359,000
 
Weighted average number of days collection was accelerated
   
338
     
327
 
Annualized weighted average discount rate
   
6.6
%
   
4.4
%
Amount of discount recognized as interest expense
 
$
15,940,000
   
$
11,293,000