Best Buy BBY Accrued liabilities — Contract with Customer, Liability, Current

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FAQ

What is Best Buy's accrued liabilities — contract with customer, liability, current?

Best Buy (BBY) reported accrued liabilities — contract with customer, liability, current of $64M in Q1 2026.

How has Best Buy's accrued liabilities — contract with customer, liability, current changed year-over-year?

Best Buy's accrued liabilities — contract with customer, liability, current increased by 8.5% year-over-year, from $59M to $64M.

What is the long-term trend for Best Buy's accrued liabilities — contract with customer, liability, current?

Over 4 years (2022 to 2026), Best Buy's accrued liabilities — contract with customer, liability, current has grown at a -7.3% compound annual growth rate (CAGR), from $329M to $243M.

What does accrued liabilities — contract with customer, liability, current mean?

This metric represents the current portion of obligations arising from contracts with customers where payment has been received or is due before the company has satisfied its performance obligations. It primarily captures deferred revenue related to unredeemed gift cards, unexpired service contracts, or undelivered products. This liability serves as a key indicator of future revenue recognition and customer commitment to the company's ecosystem.