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Accounts Receivable Discount Programs
12 Months Ended
Mar. 31, 2025
Accounts Receivable Discount Programs [Abstract]  
Accounts Receivable Discount Programs
11. Accounts Receivable Discount Programs
 
The Company uses accounts receivable discount programs offered by certain customers and their respective banks. Under these accounts receivable discount programs, the Company may sell those customers’ receivables to those banks at a discount to be agreed upon at the time the receivables are sold. These accounts receivable discount programs allow the Company to accelerate receipt of payment on customers’ receivables.
The following is a summary of the Company’s accounts receivable discount programs:
 
               
   
Fiscal Years Ended March 31,
     
2025
     
2024
 
               
Receivables discounted
  $643,918,000     $618,012,000  
Weighted average days
   343      336  
Weighted average discount rate
   6.2 %    6.8 %
Amount of discount as interest expense
  $38,021,000     $39,175,000