Discontinued — last reported Q2 '19
Products & Services · Contract With Customer Liability Current
Progress Collections — Contract With Customer Liability Current
Analysis
StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ2 2019
Rolls up toDeferred Revenue
How to read this metric
An increase suggests strong customer demand and healthy cash flow from advance payments, while a decrease may indicate a slowdown in new project bookings or the successful fulfillment of existing contract obligations.
Detailed definition
This metric represents the current portion of deferred revenue arising from advance payments or progress billings receiv...
Peer comparison
Comparable to 'Deferred Revenue' or 'Contract Liabilities' found in the balance sheets of other industrial manufacturing and large-scale project engineering firms.
Metric ID:
bkr_segment_progress_collections_contract_with_customer_liability_currentSimilar Metrics at Other Companies
Frequently Asked Questions
- What does progress collections — contract with customer liability current mean?
- This is the amount of cash received from customers for work that has not yet been completed or delivered.