Quarterly report pursuant to Section 13 or 15(d)

Customer and Supplier Concentrations (Tables)

v3.22.2.2
Customer and Supplier Concentrations (Tables)
3 Months Ended
Sep. 30, 2022
Risks and Uncertainties [Abstract]  
Schedule of Concentration of Risk, by Risk Factor

Customer Concentration

 

The following customers provided 10 percent or more of the Company's revenues for the three months ended September 30, 2022.

 

in thousands

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

September 30, 2022

 

 

September 30, 2021

 

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

Total revenue

 

$

1,900,351

 

 

 

100.0

%

 

$

2,013,971

 

 

 

100.0

%

Customer concentrations

 

 

 

 

 

 

 

 

 

 

 

 

Morgan Stanley(1)

 

$

208,992

 

 

 

11.0

%

 

$

172,300

 

 

 

8.6

%

 

(1) Sales with this trading partner includes sales on forward contracts that are entered into for hedging purposes rather than sales characterized with the physical delivery of precious metal product.

 

The following customers provided 10 percent or more of the Company's accounts receivable as of September 30, 2022.

 

in thousands

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2022

 

 

June 30, 2022

 

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

Total accounts receivable

 

$

110,848

 

 

 

100.0

%

 

$

97,040

 

 

 

100.0

%

Customer concentrations

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Mint

 

$

81,143

 

 

 

73.2

%

 

$

65,310

 

 

 

67.3

%

 

 

 

The following customers provided 10 percent or more of the Company's secured loans receivable as of September 30, 2022.

 

in thousands

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2022

 

 

June 30, 2022

 

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

Total secured loans

 

$

87,313

 

 

 

100.0

%

 

$

126,217

 

 

 

100.0

%

Customer concentrations

 

 

 

 

 

 

 

 

 

 

 

 

Customer B

 

$

13,500

 

 

 

15.5

%

 

$

13,500

 

 

 

10.7

%