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Inventories | 12 Months Ended
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Sep. 30, 2020
Inventory Disclosure [Abstract] |
Inventories | 8) Inventories The Company’s product inventories are stated at the lower of cost and net realizable value computed on the weighted average cost method. All other inventories, representing parts and equipment are stated at the lower of cost and net realizable value using the FIFO method. The components of inventory were as follows (in thousands):
|  | September 30, |
|  | 2020 |  |  | 2019 |
Product |  | $ | 29,799 |  |  | $ | 43,536 |
Parts and equipment |  |  | 20,457 |  |  |  | 21,252 |
Total inventory |  | $ | 50,256 |  |  | $ | 64,788 |
Product inventories were comprised of 26.9 million gallons and 22.8 million gallons on September 30, 2020 and September 30, 2019, respectively. The Company has market price based product supply contracts for approximately 240.5 million gallons of home heating oil and propane, and 44.2 million gallons of diesel and gasoline, which it expects to fully utilize to meet its requirements over the next twelve months. During fiscal 2020, Shell Oil Company, Motiva Enterprises LLC and Global Companies LLC provided approximately 13%, 12% and 11% respectively, of our petroleum product purchases. No single supplier provided more than 10% of our product supply during fiscal 2019.

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- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 330 -URI http://asc.fasb.org/topic&trid=2126998 + Details
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