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Magic Empire Global (Magic Empire Global) Current Deferred Revenue : $0.15 Mil (As of Dec. 2023)


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What is Magic Empire Global 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.

Magic Empire Global's current deferred revenue for the quarter that ended in Dec. 2023 was $0.15 Mil.

Magic Empire Global Current Deferred Revenue Historical Data

The historical data trend for Magic Empire Global'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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Magic Empire Global Current Deferred Revenue Chart

Magic Empire Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Current Deferred Revenue
0.42 0.42 0.39 0.15

Magic Empire Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Current Deferred Revenue Get a 7-Day Free Trial 0.42 0.30 0.39 0.33 0.15

Magic Empire Global Current Deferred Revenue Related Terms

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Magic Empire Global (Magic Empire Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Magic Empire Global Ltd (NAS:MEGL) » Definitions » Current Deferred Revenue
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Traded in Other Exchanges
N/A
Address
3/F, 8 Wyndham Street, Central, Hong Kong, HKG
Website
https://www.meglmagic.com
Magic Empire Global Ltd is a financial services provider in Hong Kong which principally engaged in the provision of corporate finance advisory services and underwriting services.