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Alkermes ALKS Research And Development — Contract With Customer Liability Revenue Recognized

Discontinued — last reported Q3 '18

Similar metrics at other companies

BBIOResearch and Development Services — Contract with customer, liability

$2.7M—

PTGXDevelopment Services — Contract With Customer Liability Revenue Recognized

$3.3M—

RBCContract With Customer Liability Revenue Recognized

$24.4M+34.8%

IONSResearch And Development Revenue — Revenue

$138.28M+149%

BBIOResearch and Development Services — Deferred revenue, current portion

$800K—

IONSContract With Customer Liability Revenue Recognized

$19.6M-52.8%

Other financials

Income statement

Revenue$392.9M+28.2%

Gross profit$331.3M+28.8%

Operating income-$48.3M-450%

Net income-$66.5M-396%

EPS (diluted)-$0.40-408%

Balance sheet

Cash & equivalents$351.6M-12.1%

Total debt$1.6B+2,034%

Total equity$1.8B+15.9%

Total assets$4.3B+105%

Cash flow

Operating cash flow-$165.7M-268%

CapEx$4.1M-59.5%

Free cash flow-$169.8M-291%

Valuation

Market cap$7.5B+9.7%

Enterprise value$8.73B+41.2%

P/E49.1×+29.7×

P/S4.8×+0.3×

Profitability

Gross margin86.6%+2.2pp

Operating margin12.3%-13.6pp

Net margin9.8%-13.5pp

FCF margin14.2%-17.6pp

Returns & leverage

Return on equity9.4%-16.1pp

Debt / equity0.9×+0.9×

Current ratio2.3×-1.1×

Where this comes from

Reported directly by Alkermes in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityRevenueRecognized.

The official record: Alkermes’s 10-Q, filed October 23, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does research and development — contract with customer liability revenue recognized mean?: This metric tracks the amount of revenue recognized during the period that was previously recorded as a contract liability (deferred revenue). It reflects the conversion of upfront payments or prepayments into earned revenue as the company fulfills its research and development obligations. This metric helps investors understand the pace at which the company is delivering on its contractual commitments.