Inventories and major vendors

3 Months Ended

Jan. 31, 2019

Inventory Disclosure [Abstract]

Inventories and major vendors

Note 3 - Inventories and major vendors

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

	January 31, 2019		October 31, 2018
Raw materials and supplies	$	3,600	$	2,711
Work in process		757		603
Finished goods		3,812		3,799
Totals	$	8,169	$	7,113

Two vendors each accounted for 17% of inventory purchases for the three months ended January 31, 2019. For the three months ended January 31, 2018, one vendor accounted for 30% of inventory purchases. The Company has arrangements with these vendors to purchase products based on purchase orders periodically issued by the Company.