INVENTORIES (Details) - USD ($) |
Sep. 30, 2020 |
Jun. 30, 2020 |
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Inventories [Abstract] | ||
Total supplies inventory | $ 82,198 | $ 88,034 |
Total inventory | 29,724,760 | 30,633,959 |
Short-term portion | 8,975,998 | 7,443,257 |
Long-term portion | 20,748,762 | 23,190,702 |
Work-in-process inventories issued to active production jobs | 2,510,000 | 1,340,000 |
Finished Jewelry [Member] | ||
Inventories [Abstract] | ||
Raw materials | 903,745 | 821,536 |
Work-in-process | 1,535,064 | 602,390 |
Finished goods | 6,565,932 | 6,019,985 |
Finished goods on consignment | 2,222,092 | 2,297,907 |
Total | 11,226,833 | 9,741,818 |
Loose Jewels [Member] | ||
Inventories [Abstract] | ||
Raw materials | 2,314,759 | 3,526,399 |
Work-in-process | 10,212,689 | 10,453,586 |
Finished goods | 5,682,606 | 6,619,487 |
Finished goods on consignment | 205,675 | 204,635 |
Total | $ 18,415,729 | $ 20,804,107 |
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- Definition Including the current and noncurrent portions, aggregate carrying value as of the balance sheet date of inventory, after valuation and LIFO reserves. No definition available.
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- Definition Work-in-process inventories issued to active production jobs. No definition available.
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- Definition Amount before valuation and LIFO reserves of completed merchandise or goods expected to be sold within one year or operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Gross amount, as of the balance sheet date, of merchandise, goods, commodities, or supplies held for future sale or to be used in manufacturing, servicing or production process. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Inventories not expected to be converted to cash, sold or exchanged within the normal operating cycle. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before valuation and LIFO reserves of raw materials expected to be sold, or consumed within one year or operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before valuation and LIFO reserves of merchandise or goods in the production process expected to be completed within one year or operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Gross amount of inventory owned by the entity but in the hands of a customer, typically a reseller. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount before valuation and LIFO reserves of other supplies used within the manufacturing or production process expected to be consumed within one year or operating cycle, if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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