XML 27 R11.htm IDEA: XBRL DOCUMENT v3.25.2
Accounts Receivable, Net
 12 Months Ended
Jul. 31, 2025
Accounts Receivable, after Allowance for Credit Loss [Abstract]  
Accounts Receivable, Net Accounts Receivable, Net
Accounts receivable, net consisted of:
July 31,
(In thousands)20252024
Advance charges receivable$540,747 $598,805 
Trade accounts receivable200,969 173,652 
Other receivables34,040 25,953 
 775,756 798,410 
Less: Allowance for credit loss(12,945)(12,533)
Accounts receivable, net$762,811 $785,877 

Advance charges receivable represents amounts paid to third parties on behalf of insurance companies for which the Company will be reimbursed when the vehicle is sold. Advance charges are recovered within one year. Trade accounts receivable includes fees and gross auction proceeds to be collected from insurance companies and buyers.