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Accounts Receivable - Net
9 Months Ended
Dec. 31, 2024
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, 2024
 
March 31, 2024

      
Accounts receivable — trade
 
$
95,653,000
  
$
118,500,000
 
Allowance for credit losses
  
(77,000
)
  
(189,000
)
Customer payment discrepancies
  
(1,706,000
)
  
(1,206,000
)
Customer returns RGA issued
  
(11,830,000
)
  
(20,809,000
)
Total accounts receivable — net
 
$
82,040,000
  
$
96,296,000