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Ninetowns Internet Technology Group Co (FRA:NQU) Current Deferred Revenue : €0.00 Mil (As of Dec. 2013)


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What is Ninetowns Internet Technology Group Co 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.

Ninetowns Internet Technology Group Co's current deferred revenue for the quarter that ended in Dec. 2013 was €0.00 Mil.

Ninetowns Internet Technology Group Co Current Deferred Revenue Historical Data

The historical data trend for Ninetowns Internet Technology Group Co'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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Ninetowns Internet Technology Group Co Current Deferred Revenue Chart

Ninetowns Internet Technology Group Co Annual Data
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Current Deferred Revenue
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Ninetowns Internet Technology Group Co Semi-Annual Data
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Ninetowns Internet Technology Group Co Current Deferred Revenue Related Terms

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Ninetowns Internet Technology Group Co (FRA:NQU) Business Description

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Ninetowns Internet Technology Group Co Ltd was incorporated in the Cayman Islands as a limited liability company on February 8, 2002 as "Ninetowns Digital World Trade Technology Holdings Limited". It changed its name to "Ninetowns Digital World Trade One Technology Holdings Limited" on June 14, 2002 and then to "Ninetowns Digital World Trade Holdings Limited" on April 7, 2003. The Company is a PRC software company that enables enterprises and trade-related PRC government agencies to streamline the import/export process in China. Its enterprise software products consist of standardized, easy-to-install applications that simplify the declaration and approval process for international trade enterprises in China. Its enterprise software automates and facilitates the processing of the required import/export declarations and approvals in a cost-efficient, user-friendly and legally-compliant manner over the Internet, utilizing an electronic infrastructure it helped build that links together numerous branch offices of the PRC Inspections Administration. Through its software development services, it assists in the development and maintenance of the software systems used to process electronic filings by the PRC Inspections Administration and the data exchange platforms which serve as the interface between such systems and its enterprise software users.

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