Omega Flex OFLX Contract Assets, Net
Contract Assets, Net at other companies
Other financials
Where this comes from
Reported directly by Omega Flex in its filing.
Tagged under the XBRL concept us-gaap:DeferredTaxAssetsInventory.
The official record: Omega Flex’s 10-K, filed March 12, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Omega Flex's contract assets, net?
- Omega Flex (OFLX) reported contract assets, net of $731K in Q4 2025.
- How has Omega Flex's contract assets, net changed year-over-year?
- Omega Flex's contract assets, net increased by 7.2% year-over-year, from $682K to $731K.
- What is the long-term trend for Omega Flex's contract assets, net?
- Over 5 years (2020 to 2025), Omega Flex's contract assets, net has grown at a 24.7% compound annual growth rate (CAGR), from $242K to $731K.
- What does contract assets, net mean?
- This represents the company's right to consideration for goods or services already transferred to a customer, where the right is conditional on something other than the passage of time. It is a key indicator of revenue recognition progress in long-term contracts and manufacturing projects. A high balance may signal strong project execution but also potential credit risk if collection is delayed.