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Accounts Receivable, net
 12 Months Ended
Mar. 25, 2023
Accounts Receivable, after Allowance for Credit Loss [Abstract]  
Accounts Receivable, net Accounts Receivable, net
The following are the components of accounts receivable, net (in thousands):
 
March 25, 2023March 26, 2022
Gross accounts receivable$150,473 $240,264 
Allowance for doubtful accounts— — 
Accounts receivable, net$150,473 $240,264 
The Company regularly evaluates the collectability of accounts receivable based on age, historical customer payment trends and ongoing customer relations. The allowance for doubtful accounts and recoveries on bad debt were immaterial for fiscal years 2023, 2022, and 2021.
The significant decrease in accounts receivable is due primarily to the volume and timing of shipments in the current fiscal quarter versus the fourth quarter of fiscal year 2022.