Quarterly report pursuant to Section 13 or 15(d)

Customer and Supplier Concentrations (Tables)

v3.20.4
Customer and Supplier Concentrations (Tables)
6 Months Ended
Dec. 31, 2020
Risks And Uncertainties [Abstract]  
Schedule of Concentration of Risk, by Risk Factor

Customers providing 10 percent or more of the Company's revenues for the three or six months ended December 31, 2020 are presented on a comparative basis, with their corresponding balances for the three and six months ended December 31, 2020 and 2019 in the table below:

 

in thousands

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

December 31, 2020

 

 

December 31, 2019

 

 

December 31, 2020

 

 

December 31, 2019

 

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

 

Amount

 

 

Percent

 

Total revenue

 

$

1,518,744

 

 

 

100.0

%

 

$

1,055,590

 

 

 

100.0

%

 

$

3,384,860

 

 

 

100.0

%

 

$

2,536,604

 

 

 

100.0

%

Customer concentrations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

HSBC Bank USA(1)

 

$

175,306

 

 

 

11.6

%

 

$

126,581

 

 

 

12.0

%

 

$

339,695

 

 

 

10.0

%

 

$

398,780

 

 

 

15.7

%

Customer A

 

 

220,509

 

 

 

14.5

%

 

 

86,407

 

 

 

8.2

%

 

 

604,937

 

 

 

17.9

%

 

 

157,735

 

 

 

6.2

%

 

 

$

395,815

 

 

 

26.1

%

 

$

212,988

 

 

 

20.2

%

 

$

944,632

 

 

 

27.9

%

 

$

556,515

 

 

 

21.9

%

 

(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.

No single customer provided 10 percent or more of the Company's accounts receivable or secured loan receivable balances as of December 31, 2020 and June 30, 2020.