REVENUES
12 Months Ended
Mar. 31, 2021
REVENUES [Abstract]  
REVENUES
3. REVENUES

Contract balances

Accounts receivable – trade consists entirely of amounts due from contracts with customers. In addition, we had $54.6 million, $33.1 million and $16.2 million of receivables from contracts with customers included within financing receivables as of March 31, 2021, 2020 and 2019, respectively. The following table provides the balance of contract liabilities from contracts with customers (in thousands):

   
March 31,
 
 
2021
   
2020
   
2019
 
Current (included in deferred revenue)
 
$
72,299
   
$
54,486
   
$
46,356
 
Non-current (included in other liabilities)
 
$
26,042
   
$
16,395
   
$
13,593
 

Revenue recognized from the beginning contract liability balance was $42.2 million and $53.5 million for the fiscal year ended March 31, 2021, and 2020, respectively.

Performance obligations

The following table includes revenue expected to be recognized in the future related to performance obligations, primarily non-cancelable contracts for ePlus managed services, that are unsatisfied or partially unsatisfied at the end of the reporting period (in thousands):

Year ending March 31, 2022
 
$
38,097
 
2023
   
16,560
 
2024
   
7,784
 
2025
   
794
 
2026 and thereafter
   
246
 
Total remaining performance obligations
 
$
63,481
 

The table does not include the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts where we recognize revenue at the amount that we have the right to invoice for services performed.