Inventories and major vendors

3 Months Ended

Jan. 31, 2018

Note 3 - Inventories and major vendors

Inventories, consisting of materials, labor and manufacturing overhead, are stated at the lower of cost or market. Cost has been determined using the weighted average cost method. Inventories consist of the following (in thousands):

	January 31, 2018		October 31, 2017

Raw materials and supplies	$	2,932	$	2,520
Work in process		367		194
Finished goods		3,498		3,395

Totals	$	6,797	$	6,109

One vendor accounted for 23% of inventory purchases for the three months ended January 31, 2018. No vendor accounted for greater than 10% of inventory purchases for the three months ended January 31, 2017. The Company has arrangements with these vendors to purchase product based on purchase orders periodically issued by the Company.