Inventories

3 Months Ended

Oct. 31, 2022

Inventory Disclosure [Abstract]

Inventories

Inventories

Inventories consist of the following at:

	October 31, 2022		July 31, 2022
Raw materials and components	$	81,288,000	78,478,000
Work-in-process and finished goods	42,363,000		40,960,000
Total inventories	123,651,000		119,438,000
Less reserve for excess and obsolete inventories	23,903,000		23,121,000
Inventories, net	$	99,748,000	96,317,000

As of October 31, 2022 and July 31, 2022, the amount of inventory directly related to long-term contracts (including contracts-in-progress) was $4,537,000 and $4,100,000, respectively, and the amount of inventory related to contracts from third-party commercial customers who outsource their manufacturing to us was $2,039,000 and $1,866,000, respectively.