Pinnacle West Capital (LTS:0KIT) Current Deferred Revenue : $42 Mil (As of Mar. 2024)

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What is Pinnacle West Capital 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.

Pinnacle West Capital's current deferred revenue for the quarter that ended in Mar. 2024 was $42 Mil.

Pinnacle West Capital Current Deferred Revenue Historical Data

The historical data trend for Pinnacle West Capital'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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Pinnacle West Capital Current Deferred Revenue Chart

Pinnacle West Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Deferred Revenue

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64.91

48.34

42.29

41.77

42.04

Pinnacle West Capital Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Deferred Revenue	Get a 7-Day Free Trial															41.19	41.59	40.56	42.04	42.06

Pinnacle West Capital Current Deferred Revenue Related Terms

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Pinnacle West Capital (LTS:0KIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Pinnacle West Capital Corp (LTS:0KIT) » Definitions » Current Deferred Revenue

Comparable Companies

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Traded in Other Exchanges

PNW:USA PWC:Germany

Address

400 North Fifth Street, P.O. Box 53999, Phoenix, AZ, USA, 85072-3999

Website

https://www.pinnaclewest.com

Pinnacle West is a holding company whose principal subsidiary is Arizona Public Service, a vertically integrated electric utility that serves 1.4 million customers across a 35,000-square-mile territory in central Arizona, including Phoenix. APS owns or leases more than 6 gigawatts of power generation capacity, including a 29% ownership stake in the largest nuclear plant in the U.S., Palo Verde. About half of the electricity that APS supplies to customers comes from clean energy sources, including nuclear.

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