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Supplier Finance Program
3 Months Ended
Sep. 30, 2023
Payables and Accruals [Abstract]  
Supplier Finance Program SUPPLIER FINANCE PROGRAMWe have a supplier finance program managed through two global financial institutions under which we agree to pay the financial institutions the stated amount of confirmed invoices from our participating suppliers on the invoice due date. We, or the global financial institutions, may terminate our agreements at any time upon 30 days written notice. We do not provide any forms of guarantees under these agreements. Supplier participation in the program is solely up to the supplier. We have no economic interest in a supplier’s decision to participate in the program, and their participation has no bearing on our payment terms or amounts due. The payment terms that we have with our suppliers under this program are considered commercially reasonable. As of September 30, 2023 and June 30, 2023, the amount of obligations outstanding that the Company has confirmed as valid to the financial institutions under the program was $24.5 million and $20.7 million, respectively, and was recorded within trade accounts payable.