NOV (BSP:N1OV34) Current Deferred Revenue : R$2,607 Mil (As of Dec. 2023)

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What is NOV 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.

NOV's current deferred revenue for the quarter that ended in Dec. 2023 was R$2,607 Mil.

NOV Current Deferred Revenue Historical Data

The historical data trend for NOV'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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NOV Current Deferred Revenue Chart

NOV Annual Data

Trend

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Dec23

Current Deferred Revenue

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1,752.62

1,821.22

2,216.72

2,328.96

2,606.69

NOV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Current Deferred Revenue	Get a 7-Day Free Trial															2,328.96	2,338.66	2,397.73	2,410.09	2,606.69

NOV Current Deferred Revenue Related Terms

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NOV (BSP:N1OV34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » NOV Inc (BSP:N1OV34) » Definitions » Current Deferred Revenue

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Traded in Other Exchanges

NOV:USA 0K58:UK NO8:Germany

Address

10353 Richmond Avenue, Houston, TX, USA, 77042-4103

Website

https://www.nov.com

NOV (formerly National Oilwell Varco) is a leading supplier of oil and gas drilling rig equipment and products, such as downhole tools, drill pipe, and well casing. The company operates on a global scale, with international markets contributing more than 60% of its annual revenue.

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