Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net

6 Months Ended

Dec. 31, 2019

Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net [Abstract]

Accounts Receivable, Net And Other Receivables And Finance Loans Receivable, Net

3.Accounts receivable, net and other receivables and finance loans receivable, net

Accounts receivable, net and other receivables

The Company’s accounts receivable, net, and other receivables as of December 31,2019, and June 30,2019, is presented in the table below:

			December 31,			June 30,
				2019		2019
Accounts receivable, trade, net		$		26 568	$	25 136
Accounts receivable, trade, gross				27 312		26 377
Allowance for doubtful accounts receivable, end of period				744		1 241
	Beginning of period			1 241		1 101
	Reversed to statement of operations			(535)		(24)
	Charged to statement of operations			108		3 296
	Utilized			(58)		(3 059)
	Deconsolidated			-		(38)
	Foreign currency adjustment			(12)		(35)
Current portion of cash payments to agents in South Korea that are amortized over the contract period				11 927		15 543
	Cash payments to agents in South Korea that are amortized over the contract period			18 457		25 107
	Less: cash payments to agents in South Korea that are amortized over the contract period included in other long-term assets (Note 7)			6 530		9 564
Loans provided to Carbon				3 000		3 000
Loan provided to DNI				-		4 260
Other receivables				27 070		24 555
	Total accounts receivable, net	$		68 565	$	72 494

3.Accounts receivable, net and other receivables and finance loans receivable, net (continued)

The loan provided to DNI was repaid in full in July 2019. Other receivables include prepayments, deposits and other receivables.

Finance loans receivable, net

The Company’s finance loans receivable, net, as of December 31,2019, and June 30,2019, is presented in the table below:

			December 31,			June 30,
				2019		2019
Microlending finance loans receivable, net		$		14 504	$	20 981
Microlending finance loans receivable, gross				17 091		24 180
Allowance for doubtful finance loans receivable, end of period				2 587		3 199
	Beginning of period			3 199		4 239
	Reversed to statement of operations			(601)		-
	Charged to statement of operations			1 081		28 802
	Utilized			(1 085)		(29 721)
	Foreign currency adjustment			(7)		(121)
Working capital finance loans receivable, gross				14 613		9 650
Working capital finance loans receivable, gross				20 736		15 742
Allowance for doubtful finance loans receivable, end of period				6 123		6 092
	Beginning of period			6 092		12 164
	Charged to statement of operations			30		712
	Utilized			-		(6 777)
	Foreign currency adjustment			1		(7)
	Total accounts receivable, net	$		29 117	$	30 631