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 Concentrations

Customer and Supplier Concentrations

3 Months Ended

Sep. 30, 2020

17.	CUSTOMER AND SUPPLIER CONCENTRATIONS

Customer Concentration

Customers providing 10 percent or more of the Company's revenues for the three months ended September 30, 2020 are presented on a comparative basis, with their corresponding balances for the three months ended September 30, 2019 in the table below:

in thousands
	Three Months Ended
	September 30, 2020					September 30, 2019
	Amount		Percent			Amount		Percent
Total revenue	$	1,866,116		100.0	%	$	1,481,014		100.0	%
Customer concentrations
Customer A	$	384,428		20.6	%	$	71,328		4.8	%

No single customer provided 10 percent or more of the Company's accounts receivable or our secured loans receivable as of September 30, 2020.

Supplier Concentration

The Company 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.