What does deferred revenue mean?

Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

Tennant Company TNC Deferred Revenue

Discontinued — last reported Q3 '20

Deferred Revenue at other companies

Custom Truck One SourceCTOS

$11.3M-46.2%

TerexTEX

$215M+1,165%

Federal SignalFSS

$66.3M+35.6%

EMCOR GroupEME

$2.42B+17.2%

WD-40 CompanyWDFC

$4.68M+14.8%

ACM ResearchACMR

$168.83M-30.1%

Other financials

Income statement

See full

Revenue$297.9M+2.7%

Gross profit$113.6M-5.3%

Operating income$4.9M-75.0%

Net income$200.0K-98.5%

EPS (diluted)$0.01-98.6%

Balance sheet

See full

Cash & equivalents$82.6M+3.9%

Total debt$393.7M+57.2%

Total equity$531.2M-14.9%

Total assets$1.3B+8.2%

Cash flow

See full

Operating cash flow-$31.2M-7,700%

CapEx$3.2M-54.3%

Free cash flow-$34.4M-365%

Valuation

See full

Market cap$1.51B+9.1%

Enterprise value$1.82B+17.1%

P/E31.3×+12.0×

P/S1.3×+0.2×

Profitability

See full

Gross margin39.5%-2.6pp

Operating margin4.8%-2.8pp

Net margin4.4%-4.1pp

FCF margin1.3%-3.5pp

Returns & leverage

See full

Return on equity8.5%-9.6pp

Debt / equity0.7×+0.3×

Current ratio2.1×0.0×

Where this comes from

Reported directly by Tennant Company in its filing.

Tagged under the XBRL concept us-gaap:DeferredRevenue.

The official record: Tennant Company’s 10-Q, filed October 29, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does deferred revenue mean?: Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.