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Note 3 - Inventories and Major Vendors | 6 Months Ended
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Apr. 30, 2020
Notes to Financial Statements |
Inventory Disclosure [Text Block] | Note 3 – Inventories and major vendors Inventories, consisting of materials, labor and manufacturing overhead, are stated at the lower of cost or net realizable value. Cost has been determined using the weighted average cost method. Inventories consist of the following (in thousands):
|  | April 30, 2020 |  |  | October 31, 2019 |
Raw materials and supplies |  | $ | 4,289 |  |  | $ | 3,576 |
Work in process |  |  | 434 |  |  |  | 791 |
Finished goods |  |  | 4,377 |  |  |  | 3,878 |
Totals |  | $ | 9,100 |  |  | $ | 8,245 |
No vendors accounted for more than 10% of inventory purchases for the three or six months ended April 30, 2020. For the three months ended April 30, 2019, two vendors accounted for 11% and 10% of inventory purchases. One of these vendors accounted for 14% of inventory purchases for the six months ended April 30, 2019, while a different vendor accounted for 13% of inventory purchases. We have arrangements with these vendors to purchase products based on purchase orders that we periodically issue.

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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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