DUE FROM FACTOR, NET

3 Months Ended

Jan. 31, 2013

Receivables [Abstract]

DUE FROM FACTOR, NET

4. DUE FROM FACTOR, NET

Due from factor consists of the following:

	January 31, 2013			October 31, 2012
Outstanding accounts receivable sold to factor	$	11,531		$	19,938
Less: customer allowances		(5,062	)		(5,591	)
Less: provision for price protection		(1,785	)		(1,846	)
Less: advances from factor		-			-
Total due from factor, net	$	4,684		$	12,501

Outstanding accounts receivable sold to the factor as of January 31, 2013 and October 31, 2012 for which the Company retained credit risk amounted to $169 and $387, respectively. As of January 31, 2013 and October 31, 2012, there were no allowances for uncollectible accounts. Allowances include provisions for customer payments and incentives deductible in future periods.