Meggitt (LSE:MGGT) Current Deferred Revenue : £0 Mil (As of Jun. 2022)

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What is Meggitt 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.

Meggitt's current deferred revenue for the quarter that ended in Jun. 2022 was £0 Mil.

Meggitt Current Deferred Revenue Historical Data

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

Meggitt Annual Data

Trend

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Current Deferred Revenue

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Meggitt Semi-Annual Data
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Meggitt Current Deferred Revenue Related Terms

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Meggitt (LSE:MGGT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Meggitt PLC (LSE:MGGT) » Definitions » Current Deferred Revenue

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Address

Ansty Business Park, Pilot Way, Coventry, GBR, CV7 9JU

Website

https://www.meggitt.com

Meggitt designs and manufactures high performance components and sub-systems for the aerospace, defense, and energy markets. Key products include aircraft wheels and brakes, fire and safety systems, sensors, fuel systems, and polymer seals. Of the EUR 1.9 billion group revenue reported in 2020, 43% is derived from civil aerospace markets, 46% from defense, and 11% from energy markets. The company commands a leading share within many of its product categories and enjoys a high level of sole-source positions on long-term civil and military programs. Activities are evenly split between production of original equipment and aftermarket services.

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