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Accounts Receivable Discount Programs (Tables) | 9 Months Ended
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Dec. 31, 2023
Accounts Receivable Discount Programs [Abstract] |
Accounts Receivable Discount Programs | The following is a summary of accounts receivable discount programs:
|  | Nine Months Ended |
|  | December 31, |
|  | 2023 |  |  | 2022 |
Receivables discounted |  | $ | 465,073,000 |  |  | $ | 428,868,000 |
Weighted average number of days collection was accelerated |  |  | 334 |  |  |  | 323 |
Annualized weighted average discount rate |  |  | 6.8 | % |  |  | 5.0 | %
Amount of discount recognized as interest expense |  | $ | 29,395,000 |  |  | $ | 19,131,000 |

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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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