Accounts Receivables, Contract Assets, and Contract Liabilities (Tables) |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jul. 31, 2021 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Receivables [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Accounts Receivable, Net and Unbilled Receivables |
The following table summarizes our accounts receivable, net and unbilled receivables:
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Schedule of Unbilled Receivables Expected to be Billed in Future |
Unbilled receivables are expected to be billed in the future as follows (amounts in thousands, except percentage amounts):
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Schedule of Change in Deferred Revenue |
Contract liabilities consist of deferred revenue and customer deposits that arise when amounts are billed to or collected from customers in advance of revenue recognition. Deferred revenue that will be recognized during the succeeding 12-month period is recorded as current deferred revenue and the remaining portion is recorded as deferred revenue, long-term. The change in deferred revenue in the first half of fiscal 2022 is due to new billings in advance of revenue recognition offset by revenue recognized during the period.
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