Hovnanian Enterprises, Inc. HOV Contract Liabilities

Contract Liabilities at other companies

PultegroupPHM

$466.55M-13.8%

D.R. HortonDHI

$113.1M+33.8%

Dream Finders HomesDFH

$86.12M-16.6%

Beazer Homes USA, Inc.BZH

$21.08M-0.2%

Meritage HomesMTH

$10.91M-38.2%

Green Brick PartnersGRBK

$26.06M-32.3%

Questions, answered.

What does contract liabilities mean?

Revenue collected or billed in advance of performance — deferred revenue under ASC 606 terminology, representing future revenue obligations.