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Inventories (Tables)
9 Months Ended
Jul. 31, 2021
Inventories  
Components of Inventories

Inventories (short and long-term) as of July 31, 2021 and October 31, 2020 consisted of the following (in thousands):

July 31,

October 31,

    

2021

    

2020

Raw materials

$

30,831

$

21,726

Work-in-process (1)

34,168

38,231

Inventories

64,999

59,957

Inventories - short-term

(60,413)

(50,971)

Inventories - long-term (2)

$

4,586

$

8,986

(1)Work-in-process includes the standard components of inventory used to build the typical modules or module components that are intended to be used in future project asset construction or power plant orders or for use under the Company’s service agreements. Included in work-in-process as of July 31, 2021 and October 31, 2020 was $18.6 million and $19.6 million, respectively, of completed standard components and modules.
(2)Long-term inventory includes modules that are contractually required to be segregated for use as exchange modules for specific project assets.