REVENUES (Tables)

6 Months Ended

Sep. 30, 2024

REVENUES [Abstract]

Balance of Accounts Receivables-Trade Net, Contract Assets, and Contract Liabilities

The following table provides a disaggregation of our balance in accounts receivable—trade, net (in thousands):

	September 30, 2024			March 31, 2024
Accounts receivable	$	574,762		$	635,370
Contract assets		15,652			11,795
Allowance for credit losses		(2,416	)		(2,549	)
Total accounts receivable—trade, net	$	587,998		$	644,616

The following table provides our total balance of contract liabilities (in thousands):

	September 30, 2024		March 31, 2024
Current (included in deferred revenue)	$	142,917	$	134,110
Non-current (included in other liabilities)	$	77,193	$	68,174

Remaining Performance Obligations

The following table includes revenue expected to be recognized in the future related to performance obligations, primarily non-cancelable contracts for ePlus managed services, that are unsatisfied or partially unsatisfied at the end of the reporting period (in thousands):

Remainder of the year ending March 31, 2025	$	56,178
Year ending March 31, 2026		55,475
Year ending March 31, 2027		31,633
Year ending March 31, 2028		13,063
Year ending March 31, 2029, and thereafter		8,550
Total remaining performance obligations	$	164,899