Schedule of Concentration of Risk, by Risk Factor |
Customer Concentration
Customers providing 10 percent or more of the Company's revenues for the year ended June 30, 2020 are presented on a comparative basis, with their corresponding balances for the year ended June 30, 2019 in the table below:
in thousands
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Years Ended
|
|
|
|
June 30, 2020
|
|
|
June 30, 2019
|
|
|
|
Amount
|
|
|
Percent
|
|
|
Amount
|
|
|
Percent
|
|
Total revenue
|
|
$
|
5,461,094
|
|
|
|
100.0
|
%
|
|
$
|
4,783,157
|
|
|
|
100.0
|
%
|
Customer concentrations
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
HSBC Bank USA(1)
|
|
$
|
674,454
|
|
|
|
12.4
|
%
|
|
$
|
1,243,733
|
|
|
|
26.0
|
%
|
Customer A
|
|
|
603,572
|
|
|
|
11.0
|
%
|
|
|
351,515
|
|
|
|
7.4
|
%
|
|
|
$
|
1,278,026
|
|
|
|
23.4
|
%
|
|
$
|
1,595,248
|
|
|
|
33.4
|
%
|
(1)
|
Sales with these trading partners are primarily comprised of sales on forward contracts that are entered into for hedging purposes rather than sales characterized with the physical delivery of precious metal product.
|
Customers providing 10 percent or more of the Company's accounts receivable as of June 30, 2020 and June 30, 2019 are presented on a comparative basis in the table below.
in thousands
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2020
|
|
|
June 30, 2019
|
|
|
|
Amount
|
|
|
Percent
|
|
|
Amount
|
|
|
Percent
|
|
Total accounts receivable
|
|
$
|
49,142
|
|
|
|
100.0
|
%
|
|
$
|
26,895
|
|
|
|
100.0
|
%
|
Customer concentrations
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Customer B
|
|
$
|
9,667
|
|
|
|
19.7
|
%
|
|
$
|
1,523
|
|
|
|
5.7
|
%
|
Customers providing 10 percent or more of the Company's secured loans receivable as of June 30, 2020 and June 30, 2019 are presented on a comparative basis in the table below.
in thousands
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
June 30, 2020
|
|
|
June 30, 2019
|
|
|
|
Amount
|
|
|
Percent
|
|
|
Amount
|
|
|
Percent
|
|
Total secured loans
|
|
$
|
63,710
|
|
|
|
100.0
|
%
|
|
$
|
125,298
|
|
|
|
100.0
|
%
|
Customer concentrations
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stack's Bowers
|
|
$
|
8,797
|
|
|
|
13.8
|
%
|
|
$
|
14,058
|
|
|
|
11.2
|
%
|
|