Physical Commodities Inventory (Tables)

12 Months Ended

Sep. 30, 2023

Inventory Disclosure [Abstract]

Schedule of Inventory

The Company’s inventories consist of finished physical commodities as shown below.

	September 30,
(in millions)	2023		2022
Physical Ag & Energy(1)	$	146.2	$	223.6
Precious metals - held by broker-dealer subsidiary	240.3		136.3
Precious metals - held by non-broker-dealer subsidiaries	150.8		153.6
Physical commodities inventory	$	537.3	$	513.5

(1) Physical Ag & Energy consists of agricultural commodity inventories, including corn, soybeans, wheat, dried distillers grain, canola, sorghum, coffee, cocoa, cotton, and various energy commodity inventories. Agricultural inventories have reliable, readily determinable and realizable market prices, have relatively insignificant costs of disposal and are available for immediate delivery. The Company records changes to these values in Cost of sales of physical commodities on the Consolidated Income Statements.