CUSTOMER CONCENTRATIONS	6 Months Ended
Jul. 31, 2020
CUSTOMER CONCENTRATIONS
CUSTOMER CONCENTRATIONS	NOTE 13 – CUSTOMER CONCENTRATIONS The majority of the Company’s consolidated revenues relate to performance by the power industry services segment which provided 79% and 44% of consolidated revenues for the three months ended July 31, 2020 and 2019, respectively, and 80% and 43% of consolidated revenues for the six months ended July 31, 2020 and 2019, respectively. The industrial services segment represented 19% and 53% of consolidated revenues for the three months ended July 31, 2020 and 2019, respectively, and 18% and 54% of consolidated revenues for the six months ended July 31, 2020 and 2019, respectively. The Company’s most significant customer relationships for the three months ended July 31, 2020 included one power industry service customer, which accounted for 70% of consolidated revenues. The Company’s most significant customer relationships for the three months ended July 31, 2019 included one power industry service customer and one industrial services customer which accounted for 23% and 11% of consolidated revenues, respectively. The Company’s most significant customer relationships for the six months ended July 31, 2020 included two power industry service customers, which accounted for 66% and 10% of consolidated revenues, respectively. The Company’s most significant customer relationships for the six months ended July 31, 2019 also included two power industry service customers which accounted for 12% and 10% of consolidated revenues, respectively The accounts receivable balances from four major customers represented 25%, 18%, 10% and 10% of the corresponding consolidated balance as of July 31, 2020. Accounts receivable balances from three major customers represented 24%, 21% and 12% of the corresponding consolidated balance as of January 31, 2020. The contract asset balances from two major customers represented 65% and 22% of the corresponding consolidated balance as of July 31, 2020. Contract asset balances from two major customers represented 51% and 31% of the corresponding consolidated balance as of January 31, 2020.

CUSTOMER CONCENTRATIONS

6 Months Ended

Jul. 31, 2020

NOTE 13 – CUSTOMER CONCENTRATIONS

The majority of the Company’s consolidated revenues relate to performance by the power industry services segment which provided 79% and 44% of consolidated revenues for the three months ended July 31, 2020 and 2019, respectively, and 80% and 43% of consolidated revenues for the six months ended July 31, 2020 and 2019, respectively. The industrial services segment represented 19% and 53% of consolidated revenues for the three months ended July 31, 2020 and 2019, respectively, and 18% and 54% of consolidated revenues for the six months ended July 31, 2020 and 2019, respectively.

The Company’s most significant customer relationships for the three months ended July 31, 2020 included one power industry service customer, which accounted for 70% of consolidated revenues. The Company’s most significant customer relationships for the three months ended July 31, 2019 included one power industry service customer and one industrial services customer which accounted for 23% and 11% of consolidated revenues, respectively. The Company’s most significant customer relationships for the six months ended July 31, 2020 included two power industry service customers, which accounted for 66% and 10% of consolidated revenues, respectively. The Company’s most significant customer relationships for the six months ended July 31, 2019 also included two power industry service customers which accounted for 12% and 10% of consolidated revenues, respectively

The accounts receivable balances from four major customers represented 25%, 18%, 10% and 10% of the corresponding consolidated balance as of July 31, 2020. Accounts receivable balances from three major customers represented 24%, 21% and 12% of the corresponding consolidated balance as of January 31, 2020. The contract asset balances from two major customers represented 65% and 22% of the corresponding consolidated balance as of July 31, 2020. Contract asset balances from two major customers represented 51% and 31% of the corresponding consolidated balance as of January 31, 2020.