Accounts Receivable

9 Months Ended

Jun. 30, 2021

Receivables [Abstract]

Accounts receivable

Accounts Receivable

All trade receivables are reported on the Consolidated Balance Sheets at the outstanding principal amount adjusted for any allowance for credit losses and any charge offs. The Company provides an allowance for credit losses to reduce trade receivables to their estimated net realizable value equal to the amount that is expected to be collected. This allowance is estimated based on historical collection experience, the aging of receivables, specific current and expected future macro-economic and market conditions, and assessments of the current creditworthiness and economic status of customers. The Company considers a receivable delinquent if it is unpaid after the term of the related invoice has expired. Write‑offs are recorded at the time all collection efforts have been exhausted. The Company reviews its allowance for credit losses on a quarterly basis.

Accounts receivable are summarized as follows:

	June 30, 2021		September 30, 2020
Accounts receivable	$	250,608	$	264,536
Allowance for credit losses	(3,989)		(4,057)
Receivables, net	$	246,619	$	260,479

The movement in the allowance for credit losses was as follows for the nine months ended June 30, 2021:

Balance at September 30, 2020	$	(4,057)
Charged to costs and expenses	(460)
Write-offs	562
Foreign currency and other	(34)
Balance at June 30, 2021	$	(3,989)