Year-over-year, this metric grew by 100.0%, from -$6.00M to $0.00. Over 2 years (FY 2021 to FY 2023), Change in Deferred Revenue shows an upward trend with a -100.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase signals strong future revenue potential and customer commitment, while a decrease indicates the fulfillment of prior obligations.
Reflects the change in cash received from customers for goods or services that have not yet been delivered or earned. Th...
Common in technology and equipment sectors with long lead-time contracts.
change_in_deferred_revenue| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$5.00M | -$6.00M | -$6.00M | -$6.00M | -$6.00M | -$6.00M | -$6.00M | $0.00 | $0.00 | $0.00 | $0.00 |
| QoQ Change | — | -20.0% | +0.0% | +0.0% | +0.0% | +0.0% | +0.0% | +100.0% | — | — | — |
| YoY Change | — | — | — | — | -20.0% | +0.0% | +0.0% | +100.0% | +100.0% | +100.0% | +100.0% |