Annual report pursuant to Section 13 and 15(d)

Trade Receivables, Net

v3.22.4
Trade Receivables, Net
12 Months Ended
Dec. 31, 2022
Accounts Receivable, after Allowance for Credit Loss [Abstract]  
Trade Receivables, Net

5. Trade Receivables, Net

Trade receivables consisted of the following:

 

 

 

As of December 31,

 

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Credit card receivables

 

$

42,806

 

 

$

30,113

 

Fleet fueling customer credit accounts receivables, net

 

 

33,082

 

 

 

 

Independent dealers and customer credit accounts receivables, net

 

 

42,252

 

 

 

32,229

 

Total trade receivables, net

 

$

118,140

 

 

$

62,342

 

 

An allowance for credit losses is provided based on management’s evaluation of outstanding accounts receivable. The Company had reserved $1.8 million and $1.1 million for uncollectible fleet fueling customers, independent dealers and customer credit accounts receivables as of December 31, 2022 and 2021, respectively.