Quarterly report pursuant to Section 13 or 15(d)

Inventories (Tables)

v3.23.3
Inventories (Tables)
9 Months Ended
Sep. 30, 2023
Inventories [Abstract]  
Schedule of Inventories Inventories consisted primarily of bulk ethanol, specialty alcohols, corn, essential ingredients and unleaded fuel, and are valued at the lower of cost or net realizable value, with cost determined on a first-in, first-out basis. Inventory is net of a valuation adjustment of $0 and $4,612,000 as of September 30, 2023 and December 31, 2022, respectively. Inventory balances consisted of the following (in thousands):
    September 30, 2023     December 31, 2022  
Finished goods   $ 36,835     $ 47,736  
Work in progress     6,363       6,396  
Raw materials     12,502       11,197  
Other     1,392       1,299  
Total   $ 57,092     $ 66,628