A-Mark Precious Metals, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Customer and Supplier Concentration

Customer and Supplier Concentration

3 Months Ended

Sep. 30, 2015

Risks and Uncertainties [Abstract]

Customer and Supplier Concentration

CUSTOMER AND SUPPLIER CONCENTRATION

Customer Concentration

Customers providing 10 percent or more of the Company's revenues for the three months ended September 30, 2015 and 2014 are listed below:



in thousands
	Three Months Ended
	September 30, 2015				September 30, 2014
	Amount		Percent		Amount		Percent
Total revenue	$	2,006,936	100.0	%	$	1,453,466	100.0	%
Customer concentrations
HSBC Bank USA	$	333,553	16.6	%	$	534,538	36.8	%
JM Bullion	246,869		12.3		66,565		4.6
Total	$	580,422	28.9	%	$	601,103	41.4	%

Customers providing 10 percent or more of the Company's accounts receivable as of September 30, 2015 and June 30, 2015, respectively, are listed below:



in thousands
	September 30, 2015				June 30, 2015

	Amount		Percent		Amount		Percent
Total accounts receivable, net	$	47,899	100.0	%	$	30,025	100.0	%
Customer concentrations
ABN AMRO	$	9,967	20.8	%	$	—	—	%
Total	$	9,967	20.8	%	$	—	—	%

No single customer provided 10 percent or more of the Company's secured loans as of September 30, 2015 and June 30, 2015.

The loss of any of the above listed customers could have a material adverse effect on the operations of the Company.

Supplier Concentration

A-Mark buys precious metals from a variety of sources, including through brokers and dealers, from sovereign and private mints, from refiners and directly from customers. The Company believes that no one or small group of suppliers is critical to its business, since other sources of supply are available that provide similar products on comparable terms.