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Wipro (WIT) Current Deferred Revenue : $212 Mil (As of Sep. 2023)


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What is Wipro Current Deferred Revenue?

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Wipro's current deferred revenue for the quarter that ended in Sep. 2023 was $212 Mil.

Wipro Current Deferred Revenue Historical Data

The historical data trend for Wipro's Current Deferred Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wipro Current Deferred Revenue Chart

Wipro Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Current Deferred Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 376.01 271.49 321.25 395.41 300.24

Wipro Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Current Deferred Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 349.68 350.96 300.24 269.61 211.89

Wipro Current Deferred Revenue Related Terms

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Wipro (WIT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Wipro Ltd (NYSE:WIT) » Definitions » Current Deferred Revenue
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BOM:540005 BOM:532755 NSE:HCLTECH NSE:PERSISTENT NSE:LTTS BOM:526299 BOM:544028 BOM:542651 BOM:532541 BOM:532400 ACN IBM NSE:TCS FI NSE:INFY FIS XPAR:CAP IT CTSH CDW
Traded in Other Exchanges
WIPRO:India 507685:India WIOA:Germany WIOA:Germany WIOA:Austria
Address
Sarjapur Road, Doddakannelli, Bangalore, KA, IND, 560 035
Website
https://www.wipro.com
Wipro is a leading global IT services provider, with 175,000 employees. Based in Bengaluru, this India IT services firm leverages its offshore outsourcing model to derive over half of its revenue (57%) from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service.