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Accounts Receivable - Net
9 Months Ended
Dec. 31, 2023
Accounts Receivable - Net [Abstract]  
Accounts Receivable - Net
3. Accounts Receivable — Net

The Company has trade accounts receivable that result from the sale of goods and services. Accounts receivable — net includes offset accounts related to allowances for credit losses, customer payment discrepancies, and returned goods authorizations (“RGAs”) issued for in-transit unit returns. The Company uses accounts receivable discount programs with certain customers and their respective banks (see Note 10).

Accounts receivable — net is comprised of the following:

 
 
December 31, 2023
   
March 31, 2023
 
Accounts receivable — trade
 
$
109,804,000
   
$
136,076,000
 
Allowance for credit losses
   
(189,000
)
   
(339,000
)
Customer payment discrepancies
   
(1,360,000
)
   
(1,634,000
)
Customer returns RGA issued
   
(15,247,000
)
   
(14,235,000
)
Total accounts receivable — net
 
$
93,008,000
   
$
119,868,000