Quarterly report pursuant to Section 13 or 15(d)

Customer and Supplier Concentrations (Tables)

v3.19.1
Customer and Supplier Concentrations (Tables)
9 Months Ended
Mar. 31, 2019
Risks and Uncertainties [Abstract]  
Schedules of concentration of risk, by risk factor
Customers providing 10 percent or more of the Company's revenues for the three and nine months ended March 31, 2019 and 2018 are presented on a comparative basis in the table below:
in thousands
 
 
 
 
 
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
 
March 31, 2019
 
March 31, 2018
 
March 31, 2019
 
March 31, 2018
 
 
 
 
Amount
 
Percent
 
Amount
 
Percent
 
Amount
 
Percent
 
Amount
 
Percent
 
Total revenue
 
$
1,266,986

 
100.0
%
 
$
1,994,963

 
100.0
%
 
$
3,932,988

 
100.0
%
 
$
5,839,491

 
100.0
%
 
Customer concentrations
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
HSBC Bank USA (1)
 
$
347,966

 
27.5
%
 
$
606,966

 
30.4
%
 
$
972,958

 
24.7
%
 
$
1,525,739

 
26.1
%
 
Mitsubishi Intl. Corp. (1)
 
77,530

 
6.1

 
401,127

 
20.1

 
432,461

 
11.0

 
1,321,001

 
22.6

 
 
 
 
$
425,496

 
33.6
%
 
$
1,008,093

 
50.5
%
 
$
1,405,419

 
35.7
%
 
$
2,846,740

 
48.7
%
 
________________________________
 
(1)
Sales with this trading partner 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 March 31, 2019 and June 30, 2018 are presented on a comparative basis in the table below:
in thousands
 
 
 
 
 
 
 
 
 
 
March 31, 2019
 
June 30, 2018
 
 
 
 
 
 
 
Amount
 
Percent
 
Amount
 
Percent
Total accounts receivable, net
 
$
15,725

 
100.0
%
 
$
35,856

 
100.0
%
Customer concentrations
 
 
 
 
 
 
 
 
Customer A
 
$
5,252

 
33.4
%
 
$
7,468

 
20.8
%
Customer B
 
2,390

 
15.2

 
675

 
1.9

 
 
$
7,642

 
48.6
%
 
$
8,143

 
22.7
%