INVENTORIES

3 Months Ended

Sep. 30, 2020

Inventory Disclosure [Abstract]

INVENTORIES

INVENTORIES

Inventories consisted of the following:

	September 30, 2020		June 30, 2020
Finished goods	$	192,470	$	158,162
Raw materials, work-in-progress and packaging	100,498		90,008
	$	292,968	$	248,170

At each period end, inventory is reviewed to ensure that it is recorded at the lower of cost or net realizable value. During the three months ended September 30, 2020 and the fiscal year ended June 30, 2020, the Company recorded inventory write-downs of $204 and $4,175, respectively, primarily related to the discontinuance of slow moving SKUs as part of product rationalization initiatives.