PREC (Prestige Cars International) Current Deferred Revenue: $0.20 Mil (As of Sep. 2023)

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What is Prestige Cars International Current Deferred Revenue?

Prestige Cars International PREC +35.38% Current Deferred Revenue is $0.20 Mil as of Sep. 2023.

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.

Prestige Cars International's current deferred revenue for the quarter that ended in Sep. 2023 was $0.20 Mil.

Prestige Cars International Current Deferred Revenue Related Terms

Prestige Cars International Current Deferred Revenue Historical Data

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The historical data trend for Prestige Cars International'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.

Prestige Cars International Current Deferred Revenue Chart

Prestige Cars International Annual Data
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Current Deferred Revenue

Prestige Cars International Semi-Annual Data
Sep22 Sep23
Current Deferred Revenue 0.00 0.20
What does a Current Deferred Revenue of $0.20 Mil mean?
Prestige Cars International (PREC) has a Current Deferred Revenue of $0.20 Mil as of Sep. 2023. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Prestige Cars International and its competitors.
Is Prestige Cars International's Current Deferred Revenue too high?
Prestige Cars International's current Current Deferred Revenue is $0.20 Mil.
How does Prestige Cars International's Current Deferred Revenue compare to NCNCF and ZAPPF?
Prestige Cars International's Current Deferred Revenue of $0.20 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Deferred Revenue for a Vehicles & Parts company?
A good Current Deferred Revenue depends on the Vehicles & Parts industry context. However, Current Deferred Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Deferred Revenue mean?
A high Current Deferred Revenue can signal that a stock is expensive relative to its fundamentals. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Prestige Cars International and its competitors. Prestige Cars International's current Current Deferred Revenue is $0.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prestige Cars International stock overvalued right now?
Prestige Cars International (PREC) has a current Current Deferred Revenue of $0.20 Mil. The current Current Deferred Revenue is $0.20 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Deferred Revenue calculated?
Current Deferred Revenue is calculated from a company's financial statements. For Prestige Cars International (PREC), the current Current Deferred Revenue is $0.20 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Prestige Cars International Business Description

Address 1013 West Sunrise boulevard, Fort Lauderdale, FL, USA, 33311
Prestige Cars International Inc is engaged in restoring, buying, maintaining, selling and servicing High-End luxury European vehicles new and used and their parts world wide. The business of the company is conducted through its showroom and via the internet. The Company specializes in current and vintage Rolls Royce, Bentley, Mercedes Benz, BMW, Porsche, Jaguar, Ferrari, Aston Martin and Land Rovers. The Company services both the B2B and B2C automotive space.