Inventories

9 Months Ended

Oct. 31, 2021

Inventories

4. Inventories

4.	Inventories
	Inventory is valued at the lower of cost or market using the first-in, first-out (FIFO) method. Inventories consist of the following (in $000s):

	October 31, 2021			January 31, 2021
Raw materials	$	17,988		$	18,941
Work-in-process		415			409
Finished goods		31,420			27,047
Excess and obsolete adjustments		(2,781	)		(2,564	)
	$	47,042		$	43,833