What does choicelease — deferred revenue mean?

Payments received in advance for leasing services that will be recognized as revenue in future periods.

How do you interpret choicelease — deferred revenue?

An increase indicates strong future contract commitments and cash flow, while a significant decrease could signal a slowdown in new contract signings or service delivery.

How does choicelease — deferred revenue compare across companies?

Common in companies with long-term service contracts and subscription-based revenue models.

Ryder System R ChoiceLease — Deferred Revenue

Discontinued — last reported Q3 '20

Similar metrics at other companies

BBYDeferred revenue — Contract with Customer, Liability, Current

$843M-5.4%

NTAPFinanced Unearned Services Revenue — Deferred Revenue

$40M-14.9%

NBIXLicense — Deferred revenue, balance

$3.5M—

NTAPDeferred Services Revenue — Deferred Revenue

$4.42B+8.7%

ELSDeferred revenue – annual membership subscriptions — Deferred Revenue

$11.81M+11.5%

BBIOLicense and services revenue — Contract with customer, liability

$135M—

Other financials

Income statement

See full

Revenue$3.1B-0.2%

Net income$93.0M-5.1%

EPS (diluted)$2.33+2.6%

Balance sheet

See full

Cash & equivalents$182.0M+20.5%

Total debt$10.4B+5.0%

Total equity$2.9B-4.8%

Total assets$16.2B-1.2%

Cash flow

See full

Operating cash flow$583.0M-10.4%

CapEx$427.0M-16.9%

Free cash flow$156.0M+13.9%

Valuation

See full

Market cap$10.19B+33.7%

Enterprise value$20.44B+15.8%

P/E20.6×+5.4×

P/S0.8×+0.2×

Profitability

See full

Gross margin59.1%—

Net margin3.9%-0.1pp

FCF margin-0%0.0pp

Returns & leverage

See full

Return on equity16.9%+0.3pp

Debt / equity3.7×+0.3×

Current ratio0.7×-0.1×

Where this comes from

Reported directly by Ryder System in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

The official record: Ryder System’s 10-Q, filed October 28, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does choicelease — deferred revenue mean?: Payments received in advance for leasing services that will be recognized as revenue in future periods.
How do you interpret choicelease — deferred revenue?: An increase indicates strong future contract commitments and cash flow, while a significant decrease could signal a slowdown in new contract signings or service delivery.
How does choicelease — deferred revenue compare across companies?: Common in companies with long-term service contracts and subscription-based revenue models.