Petrofac (LSE:PFC) Current Deferred Revenue : £0 Mil (As of Jun. 2023)

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What is Petrofac 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.

Petrofac's current deferred revenue for the quarter that ended in Jun. 2023 was £0 Mil.

Petrofac Current Deferred Revenue Historical Data

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

Petrofac Annual Data

Trend

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Current Deferred Revenue

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Petrofac Semi-Annual Data
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Petrofac Current Deferred Revenue Related Terms

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Petrofac (LSE:PFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrofac Ltd (LSE:PFC) » Definitions » Current Deferred Revenue

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POFCY:USA POFCF:USA PFCl:UK P2F:Germany

Address

26 New Street, St Helier, JEY, JE2 3RA

Website

https://www.petrofac.com

Petrofac Ltd provides engineering and construction services to the oil and gas production and processing industry. It designs, builds, operates and maintains oil and gas facilities. The operating segments of the company include Engineering and Construction, Asset solutions, and Integrated energy services. It derives the majority of the revenue from Engineering and Construction which provides fixed-price engineering, procurement and construction project execution services and reimbursable engineering, procurement and construction management services to the onshore and offshore oil and gas industry. The company operates worldwide and generates most of its revenue from the United kingdom.