CONCENTRATIONS OF REVENUES AND ACCOUNTS RECEIVABLE |
12 Months Ended |
---|---|
Jan. 31, 2018 | |
CONCENTRATIONS OF REVENUES AND ACCOUNTS RECEIVABLE | |
CONCENTRATIONS OF REVENUES AND ACCOUNTS RECEIVABLE |
NOTE 17 — CONCENTRATIONS OF REVENUES AND ACCOUNTS RECEIVABLE
The majority of the Company’s consolidated revenues related to performance by the power industry services segment which provided 91%, 87% and 94% of consolidated revenues for the years ended January 31, 2018, 2017 and 2016, respectively.
For the year ended January 31, 2018, the Company’s most significant customer relationships included four power industry service customers which accounted for 29%, 26%, 15% and 14% of consolidated revenues, respectively. For the year ended January 31, 2017, the Company’s most significant customer relationships included five power industry service customers which accounted for 20%, 18%, 17%, 14% and 10% of consolidated revenues, respectively. For the year ended January 31, 2016, the Company’s most significant customer relationships included two power industry service customers which accounted for 38% and 35% of consolidated revenues, respectively.
Accounts receivable balances from four major customers represented 20%, 20%, 15% and 14% of the corresponding consolidated balance as of January 31, 2018, and accounts receivable balances from four major customers represented 18%, 17%, 17% and 11% of the corresponding consolidated balance as of January 31, 2017.
|