GTOFF (PT Goto Gojek Tokopedia Tbk) Current Deferred Revenue : $0 Mil (As of Jun. 2024)

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What is PT Goto Gojek Tokopedia Tbk 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.

PT Goto Gojek Tokopedia Tbk's current deferred revenue for the quarter that ended in Jun. 2024 was $0 Mil.

PT Goto Gojek Tokopedia Tbk Current Deferred Revenue Historical Data

The historical data trend for PT Goto Gojek Tokopedia Tbk'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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PT Goto Gojek Tokopedia Tbk Current Deferred Revenue Chart

PT Goto Gojek Tokopedia Tbk Annual Data

Trend

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Current Deferred Revenue

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PT Goto Gojek Tokopedia Tbk Quarterly Data
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PT Goto Gojek Tokopedia Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PT Goto Gojek Tokopedia Tbk (OTCPK:GTOFF) » Definitions » Current Deferred Revenue

Comparable Companies

Traded in Other Exchanges

GOTO:Indonesia CK8:Germany

Address

Jalan Iskandarsyah II No. 2, Gedung Pasaraya Blok M, 6-7th Floor, Jakarta, IDN, 12160

Website

https://www.gotocompany.com

GoTo is an Indonesian ecosystem that combines e-commerce, ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the on-demand service to account for the majority of revenue while its financial services begin to ramp. Prior to the deconsolidation, 82% of nonfinancial services gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy now, pay later programs. The company competes with Grab in the ride-hailing and delivery business, and Sea and Lazada for e-commerce.