v3.26.1
Receivables, net
9 Months Ended
Mar. 31, 2026
Receivables [Abstract]  
Receivables, net

4. RECEIVABLES, NET

Receivables, net consisted of the following (in thousands):

 

 

 

March 31, 2026

 

 

June 30, 2025

 

Customer trade receivables

 

$

66,630

 

 

$

88,135

 

Wholesale trade advances

 

 

45,960

 

 

 

25,008

 

Due from brokers and other

 

 

55,772

 

 

 

24,580

 

 

 

$

168,362

 

 

$

137,723

 

Customer Trade Receivables. Customer trade receivables represent short-term, non-interest bearing amounts due from precious metal sales, advances related to financing products, and other secured interests in assets of the customer.

Wholesale Trade Advances. Wholesale trade advances represent advances of various bullion products and cash advances for purchase commitments of precious metal inventory. Typically, these advances are unsecured, short-term, and non-interest bearing, and are made to wholesale metals dealers and government mints.

Due from Brokers and Other. Due from brokers and other consists of the margin requirements held at brokers related to open futures contracts (see Note 12) and other receivables.