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Note 3 - Inventories and Major Vendors

3 Months Ended

Jan. 31, 2021

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): 

		January 31, 2021				October 31, 2020
Raw materials and supplies		$	4,668			$	4,410
Work in process			278				196
Finished goods			4,073				3,980
Totals		$	9,019			$	8,586

No

vendors accounted for more than

10%

of inventory purchases for the

three

months ended

January 31, 2021

or

2020.

We have arrangements with our vendors to purchase products based on purchase orders that we periodically issue.

X

- References

No definition available.

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X

- 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

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