Ocean Power Technologies (STU:RUOB) Current Deferred Revenue : €0.80 Mil (As of Jan. 2024)

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What is Ocean Power Technologies 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.

Ocean Power Technologies's current deferred revenue for the quarter that ended in Jan. 2024 was €0.80 Mil.

Ocean Power Technologies Current Deferred Revenue Historical Data

The historical data trend for Ocean Power Technologies'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.

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Ocean Power Technologies Current Deferred Revenue Chart

Ocean Power Technologies Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Current Deferred Revenue

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0.09

0.12

1.26

Ocean Power Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Current Deferred Revenue	Get a 7-Day Free Trial															1.24	1.26	1.09	1.10	0.80

Ocean Power Technologies Current Deferred Revenue Related Terms

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Ocean Power Technologies (STU:RUOB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ocean Power Technologies Inc (STU:RUOB) » Definitions » Current Deferred Revenue

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OPTT:USA

Address

28 Engelhard Drive, Suite B, Monroe Township, NJ, USA, 08831

Website

https://www.oceanpowertechnologies.com

Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.

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