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Inventories (Tables)
3 Months Ended
Jan. 31, 2021
Inventory Disclosure [Abstract]  
Components of Inventories

Inventories (short and long-term) as of January 31, 2021 and October 31, 2020 consisted of the following (in thousands):

 

 

 

January 31,

 

 

October 31,

 

 

 

2021

 

 

2020

 

Raw materials

 

$

25,776

 

 

$

21,726

 

Work-in-process (1)

 

 

40,711

 

 

 

38,231

 

Inventories

 

 

66,487

 

 

 

59,957

 

Inventories - short-term

 

 

(61,901

)

 

 

(50,971

)

Inventories - long-term (2)

 

$

4,586

 

 

$

8,986

 

 

(1)

Work-in-process includes the standard components of inventory used to build the typical modules or module components that are intended to be used in future project asset construction or power plant orders or for use under the Company’s service agreements. Included in work-in-process as of January 31, 2021 and October 31, 2020 was $26.7 million and $19.6 million, respectively, of completed standard components and modules.

(2)

Long-term inventory includes modules that are contractually required to be segregated for use as replacement modules for specific project assets.