Accounts receivable and other receivables

12 Months Ended

Mar. 26, 2022

Accounts receivable and other receivables

Accounts receivable and other receivables:

Accounts receivable, net of allowance for credit losses, at March 26, 2022 and March 27, 2021 consist of the following:


	As of
	March 26, 2022		March 27, 2021
	(In thousands)
Customer trade receivables	$	2,710	$	3,055
Other receivables		5,327		4,253
	$	8,037	$	7,307

Continuity of the allowance for doubtful accounts is as follows (in thousands):


Balance March 30, 2019	$	434
Provision for credit losses		857
Net write offs		(326	)

Balance March 28, 2020		965
Provision for credit losses		546
Net write offs		(262	)

Balance March 27, 2021	$	1,249
Provision for credit losses		303
Net write offs		(343	)

Balance March 26, 2022	$	1,209

Other receivables mainly relate to receivables from wholesale revenue, tenant allowances receivable from certain landlords, and a receivable from a joint venture (see note 1

Certain sales plans relating to customers’ use of Birks credit cards provide for revolving lines of credit and /or installment plans under which the payment terms exceed one year. The receivables repayable within a timeframe exceeding one year included under such plans, amounted to approximately $5.6 million and $5.7 million at March 26, 2022 and March 27, 2021, respectively, which are not included in customer trade receivables outlined above, and are included in long-term receivables on the Company’s balance sheet.

The following table disaggregates the Company’s accounts receivables and other receivables and long-term receivables as at March 26, 2022:


	Current		1 -30 days past due		31 -60 days past due		61 -90 days past due		Greater than 90 days past due		Total
Customer in-house receivables	$	8,332	$	211	$	6	$	46	$	1,003	$	9,588
Other receivables		3,811		0		119		34		84		1,121

	$	12,133	$	211	$	125	$	80	$	1,087	$	10,709

The following table disaggregates the Company’s accounts receivables and other receivables and long-term receivables as at March 27, 2021:


	Current		1 -30 days past due		31 -60 days past due		61 -90 days past due		Greater than 90 days past due		Total
Customer in-house receivables	$	7,677	$	386	$	74	$	286	$	764	$	9,187
Other receivables		4,798		88		30		53		73		5,042

	$	12,474	$	474	$	104	$	339	$	837	$	14,229