Inventories

3 Months Ended

Jan. 31, 2020

Inventories

Inventories

3. Inventories

Inventories consist of the following (in thousands):

	January 31,		October 31,
	2020		2019
Fresh fruit	$	18,214	$	15,874
Packing supplies and ingredients		11,514		11,370
Finished prepared foods		12,509		9,645
	$	42,237	$	36,889

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. No additional inventory reserve was considered necessary as of January 31, 2020 and October 31, 2019.