Products & Services · Contract Liabilities
Unregulated Distributed Generation — Contract Liabilities
Southern Company Unregulated Distributed Generation — Contract Liabilities increased by 46.9% to $47.00M in Q3 2023 compared to the prior quarter. Year-over-year, this metric grew by 27.0%, from $37.00M to $47.00M. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ3 2023
Rolls up toContract with Customer, Liability
How to read this metric
An increase indicates strong customer demand and future revenue backlog, whereas a decrease suggests the realization of previously deferred revenue.
Detailed definition
This metric represents the obligation to provide goods or services to customers for which the company has received consi...
Peer comparison
Comparable to deferred revenue or contract liabilities reported by other utility and renewable energy firms with long-term service agreements.
Metric ID:
so_segment_unregulated_distributed_generation_contract_liabilitiesHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $24.00M | $19.00M | $39.00M | $54.00M | $38.00M | $37.00M | $32.00M | $47.00M |
| QoQ Change | — | -20.8% | +105.3% | +38.5% | -29.6% | -2.6% | -13.5% | +46.9% |
| YoY Change | — | — | — | — | +58.3% | +94.7% | -17.9% | +27.0% |
Range$19.00M – $54.00M
CAGR+46.8%
Avg YoY Growth+40.5%
Median YoY Growth+42.7%
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Frequently Asked Questions
- What is Southern Company's unregulated distributed generation — contract liabilities?
- Southern Company (SO) reported unregulated distributed generation — contract liabilities of $47.00M in Q3 2023.
- How has Southern Company's unregulated distributed generation — contract liabilities changed year-over-year?
- Southern Company's unregulated distributed generation — contract liabilities increased by 27.0% year-over-year, from $37.00M to $47.00M.
- What does unregulated distributed generation — contract liabilities mean?
- Payments received from customers for distributed energy services that have not yet been earned through the delivery of power or project milestones.