Inventories

9 Months Ended

Oct. 31, 2017

Inventory Disclosure [Abstract]

Inventories

3. INVENTORIES

Our current inventory consists of baby formula and elderly formula. Baby formula is classified into three stages for different life stages. Stage 1 is Infant Formula. Stage 2 is Follow On Formula. Stage 3 is Growing Up Formula.

In October, 2017, we had a new elderly formula product line 50 Plus, which specifically caters to the needs of elderlies older than 50 years old.

Inventory balance as of October 31, 2017:

	Stage 1		Stage 2		Stage 3		50 Plus		Total
	$		$		$		$		$
Inventories held on hand		28,511		28,969		28,332		1,421		87,233
Inventories held on consignment		5,017		4,781		4,879		596		15,273
		33,528		33,750		33,211		2,017		102,506

The inventories held on hand and consignment as of October 31, 2017 was $87,233 and $15,273 respectively.

Inventory balance as of January 31, 2017:
	Stage 1		Stage 2		Stage 3		Total
	$		$		$		$
Inventories held on hand		4,340		9,807		9,758		23,905
Inventories held on consignment		1,659		1,582		1,554		4,795
		5,999		11,389		11,312		28,700

The inventories held on hand and consignment as of January 31, 2017 was $23,905 and $4,795 respectively.