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G8 Education (ASX:GEM) Current Deferred Revenue : A$0.0 Mil (As of Dec. 2023)


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What is G8 Education 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.

G8 Education's current deferred revenue for the quarter that ended in Dec. 2023 was A$0.0 Mil.

G8 Education Current Deferred Revenue Historical Data

The historical data trend for G8 Education'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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G8 Education Current Deferred Revenue Chart

G8 Education Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Deferred Revenue
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G8 Education Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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G8 Education Current Deferred Revenue Related Terms

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G8 Education (ASX:GEM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » G8 Education Ltd (ASX:GEM) » Definitions » Current Deferred Revenue
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Traded in Other Exchanges
3EAG:Germany
Address
159 Varsity Parade, Varsity Lakes, Gold Coast, QLD, AUS, 4227
Website
https://www.g8education.edu.au
G8 Education Ltd operates a portfolio of around 438 childcare centres in Australia, implying a market share of less than 10%. The company relies on government subsidies, which comprise around 60% of childcare fees, but we expect subsidies to grow with childcare demand. G8 does not own the buildings from which its childcare centres operate, and labour costs comprise around 60% of revenue. Rental costs comprise around 10-15%.