Inventories

6 Months Ended

Dec. 31, 2019

Inventory Disclosure [Abstract]

Inventories

INVENTORIES

Inventories consisted of the following:

	December 31, 2019		June 30, 2019
Finished goods	$	192,587	$	199,754
Raw materials, work-in-progress and packaging	90,540		99,587
	$	283,127	$	299,341

At each period end, inventory is reviewed to ensure that it is recorded at the lower of cost or net realizable value. During the six months ended December 31, 2019 and the fiscal year ended June 30, 2019, the Company recorded inventory write-downs of $3,916 and $12,381, respectively, in connection with the discontinuance of slow moving SKUs as part of a product rationalization initiative.