Quarterly report [Sections 13 or 15(d)]

Customer and Supplier Concentrations (Tables)

v3.25.1
Customer and Supplier Concentrations (Tables)
9 Months Ended
Mar. 31, 2025
Risks and Uncertainties [Abstract]  
Schedule of Concentration of Risk, by Risk Factor

Customer Concentrations

The following customer provided 10 percent or more of the Company's revenues (in thousands):

 

 

 

Three Months Ended March 31,

 

 

Nine Months Ended March 31,

 

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

 

Total revenue

 

$

3,009,125

 

 

 

100.0

%

 

$

2,610,651

 

 

 

100.0

%

 

$

8,466,566

 

 

 

100.0

%

 

$

7,174,084

 

 

 

100.0

%

 

Customer concentrations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HSBC Bank (1)

 

$

763,247

 

 

 

25.4

%

 

$

572,054

 

 

 

21.9

%

 

$

1,764,689

 

 

 

20.8

%

 

$

1,628,466

 

 

 

22.7

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1) Sales with this trading partner include sales on forward contracts that are entered into for hedging purposes rather than sales characterized with the physical delivery of precious metal product. This sales activity has been reported within the Wholesale Sales & Ancillary Services segment.

The following customer accounted for 10 percent or more of the Company's accounts receivable (in thousands):

 

 

March 31, 2025

 

 

June 30, 2024

 

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

Total accounts receivable

 

$

124,891

 

 

 

100.0

%

 

$

36,596

 

 

 

100.0

%

Customer concentrations

 

 

 

 

 

 

 

 

 

 

 

 

Customer A

 

$

18,040

 

 

 

14.4

%

 

$

 

 

 

%