Toll Brothers TOL Home Building — Revenue Remaining Performance Obligation
Discontinued — last reported Q2 '19
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Where this comes from
Reported directly by Toll Brothers in its filing.
Tagged under the XBRL concept us-gaap:RevenueRemainingPerformanceObligation.
The official record: Toll Brothers’s 10-Q, filed June 6, 2019, on SEC EDGAR. View the filing →
Questions, answered.
- What does home building — revenue remaining performance obligation mean?
- This metric represents the total transaction price allocated to performance obligations that are unsatisfied or partially unsatisfied at the end of the reporting period. In the context of homebuilding, it reflects the backlog of homes sold but not yet closed and delivered to the buyer. It is a key forward-looking indicator of future revenue visibility and demand strength.