v3.8.0.1
Concentrations
12 Months Ended
Mar. 31, 2018
Risks and Uncertainties [Abstract]  
Concentrations

NOTE 15 - CONCENTRATIONS

 

A. Credit Risk - The Company maintains its cash and cash equivalents balances at various large financial institutions that, at times, may exceed federally and internationally insured limits. The Company has not experienced any losses in such accounts and believes it is not exposed to any significant credit risk.

 

B. Customers - Sales to one customer, the Southern Glazer’s Wine and Spirits of America, Inc. family of companies, accounted for approximately, 37.2%, 36.6% and 39.9% of the Company’s net sales for the years ended March 31, 2018, 2017 and 2016, respectively, and approximately 28.6% and 29.3% of accounts receivable at March 31, 2018 and 2017, respectively.