XML 26 R14.htm IDEA: XBRL DOCUMENT v3.22.4
Accounts Receivable
12 Months Ended
Dec. 31, 2022
Receivables [Abstract]  
Accounts Receivable

NOTE 6 - ACCOUNTS RECEIVABLE

 

Year Ended December 31,

 

2022

 

 

2021

 

(Dollars in thousands)

 

 

 

 

 

 

Trade receivables

 

$

64,225

 

 

$

75,713

 

Other receivables

 

 

9,161

 

 

 

8,560

 

 

 

 

73,386

 

 

 

84,273

 

Allowance for doubtful accounts

 

 

(661

)

 

 

(826

)

Accounts receivable, net

 

$

72,725

 

 

$

83,447

 

 

Table of Contents

 

The accounts receivable from GM, Ford and VW Group represented approximately 7 percent, 7 percent and 11percent of the total accounts receivable, respectively, at December 31, 2022 and 10 percent, 9 percent and 10 percent of the total accounts receivable, respectively, at December 31, 2021.

The related percentage of our total sales to each of these three customers is shown below:

 

 

 

2022
Percent of Sales

 

 

2021
Percent of Sales

 

GM

 

 

26

%

 

 

26

%

Ford

 

 

16

%

 

 

13

%

VW Group

 

 

14

%

 

 

14

%