Foraco International (TSX:FAR) Current Deferred Revenue : C$3.5 Mil (As of Dec. 2023)

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What is Foraco International 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.

Foraco International's current deferred revenue for the quarter that ended in Dec. 2023 was C$3.5 Mil.

Foraco International Current Deferred Revenue Historical Data

The historical data trend for Foraco International'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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Foraco International Current Deferred Revenue Chart

Foraco International Annual Data

Trend

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Dec23

Current Deferred Revenue

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3.24

5.53

3.79

2.10

3.54

Foraco International 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															2.10	-	-	-	3.54

Foraco International Current Deferred Revenue Related Terms

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Foraco International (TSX:FAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Foraco International SA (TSX:FAR) » Definitions » Current Deferred Revenue

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Traded in Other Exchanges

FRACF:USA 3F3:Germany

Address

26, Plage de l’Estaque, Marseille, FRA, 13016

Website

https://www.foraco.com

Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The principal sources of revenue consist of drilling contracts for companies primarily involved in mining and water exploration. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific.

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