Summary of Significant Accounting Policies (Tables)

3 Months Ended

Jan. 31, 2020

Accounting Policies [Abstract]

Disaggregation of Revenue

The following table depicts the disaggregation of revenue according to product line for the three months ended January 31, 2020 and 2019:

	Three Months Ended January 31, 2020		Three Months Ended January 31, 2019
Revenue Sources	Amount (Unaudited)		Amount (Unaudited)
Ethanol Sales	$	21,355,975	$	16,949,206
Modified Distillers Grains Sales	1,293,345		1,157,453
Dried Distillers Grains Sales	3,683,362		3,850,366
Corn Oil Sales	851,342		731,385
Total Revenues	$	27,184,024	$	22,688,410

Summary of Contract Assets and Liabilities

The following table provides information about receivables and contract liabilities from contracts with customers:

	January 31, 2020		October 31, 2019
Accounts receivable	$	2,885,865	$	2,643,352
Short term contract liabilities	106,829		36,615