Discontinued — last reported Q3 '22
BK — Contract liabilities expected to be recognized in
Restaurant Brands International BK — Contract liabilities expected to be recognized in decreased by 2.8% to $380.00M in Q3 2022 compared to the prior quarter. Year-over-year, this metric declined by 7.5%, from $411.00M to $380.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher expected recognition indicates a robust pipeline of near-term revenue realization, whereas lower amounts may signal a deceleration in the conversion of existing franchise contracts into recognized income.
Detailed definition
This metric quantifies the portion of Burger King's total contract liabilities that the company anticipates will be conv...
Peer comparison
Comparable to 'current portion of deferred revenue' reported by other global franchisors and service-based enterprises.
qsr_segment_bk_contract_liabilities_expected_to_be_recognized_inHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|---|
| Value | $416.00M | $411.00M | $410.00M | $404.00M | $391.00M | $380.00M |
| QoQ Change | — | -1.2% | -0.2% | -1.5% | -3.2% | -2.8% |
| YoY Change | — | — | — | — | -6.0% | -7.5% |
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Frequently Asked Questions
- What is Restaurant Brands International's bk — contract liabilities expected to be recognized in?
- Restaurant Brands International (QSR) reported bk — contract liabilities expected to be recognized in of $380.00M in Q3 2022.
- How has Restaurant Brands International's bk — contract liabilities expected to be recognized in changed year-over-year?
- Restaurant Brands International's bk — contract liabilities expected to be recognized in decreased by 7.5% year-over-year, from $411.00M to $380.00M.
- What does bk — contract liabilities expected to be recognized in mean?
- The amount of deferred franchise or service revenue expected to be earned in the near future.