Discontinued — last reported Q3 '22
Business Segments · Contract with Customer, Liability, Revenue Recognized
BK — Contract with Customer, Liability, Revenue Recognized
Restaurant Brands International BK — Contract with Customer, Liability, Revenue Recognized decreased by 20.0% to $8.00M in Q3 2022 compared to the prior quarter. Year-over-year, this metric declined by 11.1%, from $9.00M to $8.00M. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityStable
First reportedQ1 2018
Last reportedQ3 2022Nov 3, 2022
How to read this metric
Consistent recognition indicates a steady fulfillment of contractual obligations and a healthy flow of business operations.
Detailed definition
The portion of deferred contract liabilities that has been converted into recognized revenue during the reporting period...
Peer comparison
Standard revenue recognition metric for companies with deferred revenue models.
Metric ID:
qsr_segment_bk_contract_with_customer_liability_revenue_recognizedHistorical Data
6 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|---|
| Value | $9.00M | $9.00M | $14.00M | $11.00M | $10.00M | $8.00M |
| QoQ Change | — | +0.0% | +55.6% | -21.4% | -9.1% | -20.0% |
| YoY Change | — | — | — | — | +11.1% | -11.1% |
Range$8.00M – $14.00M
CAGR-9.0%
Avg YoY Growth+0.0%
Median YoY Growth+0.0%
Current Streak3 quarters decline
Similar Metrics at Other Companies
Frequently Asked Questions
- What is Restaurant Brands International's bk — contract with customer, liability, revenue recognized?
- Restaurant Brands International (QSR) reported bk — contract with customer, liability, revenue recognized of $8.00M in Q3 2022.
- How has Restaurant Brands International's bk — contract with customer, liability, revenue recognized changed year-over-year?
- Restaurant Brands International's bk — contract with customer, liability, revenue recognized decreased by 11.1% year-over-year, from $9.00M to $8.00M.
- What does bk — contract with customer, liability, revenue recognized mean?
- Revenue earned this period from previously deferred customer payments.