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Inventories
3 Months Ended
Jan. 31, 2022
Inventories  
Inventories

3.

Inventories

Inventories consist of the following (in thousands):

January 31, 

October 31, 

2022

2021

Fresh fruit

    

$

29,704

    

$

17,648

Packing supplies and ingredients

 

14,642

 

13,088

Finished prepared foods

 

8,056

 

10,021

$

52,402

$

40,757

Inventories are stated at the lower of cost or net realizable value. We periodically review the value of items in inventory and record any necessary write downs of inventory based on our assessment of market conditions. Inventory includes reserves of $0.5 million and $0.2 million in slow moving and obsolete packing supply inventory as of January 31, 2022 and October 31, 2021. No additional inventory reserve was considered necessary as of January 31, 2022 and October 31, 2021.