v3.26.1
Accounts Receivable, Net
12 Months Ended
Mar. 31, 2026
Accounts Receivable, Net [Abstract]  
ACCOUNTS RECEIVABLE, NET

NOTE 3 – ACCOUNTS RECEIVABLE, NET

 

Accounts receivable, net consisted of the following:

 

    March 31,
2026
    March 31,
2025
 
Accounts receivable   $ 188,717,221     $ 108,346,014  
Less: allowance for credit losses     (1,886,935 )     (1,040,434 )
Accounts receivable, net   $ 186,830,286     $ 107,305,580  

 

The Company’s accounts receivable primarily include balance due from customers when the Company’s products have been sold and delivered to customers, which has not been collected as of the balance sheet dates.

 

Movement of allowance for credit losses was as follows:

 

    March 31,
2026
    March 31,
2025
 
Beginning balance   $ 1,040,434     $ 1,244,662  
Addition (reduction)     915,388       (209,992 )
Foreign currency translation adjustments     (68,887 )     5,764  
Ending balance   $ 1,886,935     $ 1,040,434