TELUS (TU) Current Deferred Revenue : $724 Mil (As of Dec. 2023)

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What is TELUS 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.

TELUS's current deferred revenue for the quarter that ended in Dec. 2023 was $724 Mil.

TELUS Current Deferred Revenue Historical Data

The historical data trend for TELUS'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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TELUS Current Deferred Revenue Chart

TELUS Annual Data

Trend

Dec14

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Dec23

Current Deferred Revenue

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512.57

602.70

667.19

655.87

723.76

TELUS 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															655.87	678.95	709.02	692.48	723.76

TELUS Current Deferred Revenue Related Terms

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TELUS (TU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TELUS Corp (NYSE:TU) » Definitions » Current Deferred Revenue

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Traded in Other Exchanges

BCZ:Germany T:Canada

Address

510 West Georgia Street, 23rd Floor, Vancouver, BC, CAN, V6B 0M3

Website

https://www.telus.com

Telus is one of the Big Three wireless service providers in Canada, with its nearly 10 million mobile phone subscribers nationwide constituting about 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.