FirstService (FirstService) Current Deferred Revenue : $188 Mil (As of Mar. 2024)

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What is FirstService 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.

FirstService's current deferred revenue for the quarter that ended in Mar. 2024 was $188 Mil.

FirstService Current Deferred Revenue Historical Data

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

FirstService Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Deferred Revenue

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75.55

92.86

121.91

131.94

185.74

FirstService Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Deferred Revenue	Get a 7-Day Free Trial															161.28	180.91	175.85	185.74	187.83

FirstService Current Deferred Revenue Related Terms

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FirstService (FirstService) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » FirstService Corp (NAS:FSV) » Definitions » Current Deferred Revenue

Comparable Companies

Traded in Other Exchanges

FSV:Canada

Address

1255 Bay Street, Suite 600, Toronto, ON, CAN, M5R 2A9

Website

https://www.firstservice.com

FirstService Corp operates in two business divisions: FirstService Residential and FirstService Brands. FirstService Residential has service contracts to manage thousands of residential communities, including high-, medium-, and low-rise condominiums and co-operatives. FirstService Brands generates most of the company's revenue and provides property services to residential and commercial customers through the following brands: California Closets; Paul Davis Restoration; CertPro Painters; Pillar to Post; Floor Coverings International; College Pro Painters; and Service America. The company earns the majority of its revenue in the United States, with the remaining revenue generated in Canada.