Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Current Deferred Revenue : $13.3 Mil (As of Dec. 2023)

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What is Granite Real Estate Investment Trust Current Deferred Revenue?

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Granite Real Estate Investment Trust's current deferred revenue for the quarter that ended in Dec. 2023 was $13.3 Mil.

Granite Real Estate Investment Trust Current Deferred Revenue Historical Data

The historical data trend for Granite Real Estate Investment Trust's Current Deferred Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Granite Real Estate Investment Trust Current Deferred Revenue Chart

Granite Real Estate Investment Trust Annual Data

Trend

Dec14

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Dec21

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Dec23

Current Deferred Revenue

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4.41

8.80

9.45

12.78

13.28

Granite Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Current Deferred Revenue	Get a 7-Day Free Trial															12.78	14.75	15.27	13.37	13.28

Granite Real Estate Investment Trust Current Deferred Revenue Related Terms

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Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Granite Real Estate Investment Trust (NYSE:GRP.U) » Definitions » Current Deferred Revenue

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4I7:Germany GRT.UN:Canada

Address

77 King Street West, Suite 4010, P.O. Box 159, Toronto-Dominion Centre, Toronto, ON, CAN, M5K 1H1

Website

https://www.granitereit.com

Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management of of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.