Concentration of Risk

12 Months Ended

Jan. 31, 2023

Risks and Uncertainties [Abstract]

Concentration of Risk

Note 21—Concentration of Risk

Credit is generally extended on an uncollateralized basis to almost all customers after review of credit worthiness. Concentration of credit and geographic risk with respect to accounts receivable is limited due to the large number and general dispersion of accounts, which constitute our customer base. We periodically perform on-going credit evaluations of our customers. We have not historically experienced significant credit losses on collection of our accounts receivable.

During the years ended January 31, 2023, 2022 and 2021, one vendor accounted for 18.7%, 23.3% and 23.2% of purchases, respectively, and 16.2%, 15.4% and 28.3% of accounts payable, respectively, as of January 31, 2023, 2022 and 2021.