Quarterly report pursuant to Section 13 or 15(d)

Accounts Receivable and Concentration of Credit Risk (Tables)

v3.20.1
Accounts Receivable and Concentration of Credit Risk (Tables)
 6 Months Ended
Mar. 31, 2020
Accounts Receivable and Concentration of Credit Risk [Abstract]  
Components of Accounts Receivable





 

 

 

 

 



March 31,

 

September 30,



2020

 

2019



 

 

 

 

 

Trade receivables, gross

$

 7,013,027 

 

$

 5,410,165 

Less: allowance for doubtful accounts

 

 (25,643)

 

 

 (33,143)

Less: allowance for sales and payment term discounts

 

 (84,743)

 

 

 (49,623)

Less: long-term trade receivables*

 

 (1,100,625)

 

 

 (306,342)

Accounts receivable, net

$

 5,802,016 

 

$

 5,021,057 

*Included in other assets on the accompanying unaudited condensed consolidated balance sheets

Summary of Components of Allowance for Doubtful Accounts



 

 

 

 

 



Six Months Ended March 31,



2020

 

2019



 

 

 

 

 

Beginning balance

$

 33,143 

 

$

 36,201 

Charges to expense

 

 —

 

 

 —

Charge-offs

 

 (7,500)

 

 

 —

Ending balance

$

 25,643 

 

$

 36,201