Annual report pursuant to Section 13 and 15(d)

Trade Receivables, Net

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Trade Receivables, Net
12 Months Ended
Dec. 31, 2023
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,

 

 

 

2023

 

 

2022

 

 

 

(in thousands)

 

Credit card receivables

 

$

54,190

 

 

$

42,806

 

Fleet fueling customer credit accounts receivables, net

 

 

44,705

 

 

 

33,082

 

Dealers and customer credit accounts receivables, net

 

 

35,840

 

 

 

42,252

 

Total trade receivables, net

 

$

134,735

 

 

$

118,140

 

 

An allowance for credit losses is provided based on management’s evaluation of outstanding accounts receivable. The Company had reserved $2.2 million and $1.8 million for uncollectible fleet fueling customers, dealers and customer credit accounts receivables as of December 31, 2023 and 2022, respectively.