Parsons (STU:59P) Current Deferred Revenue : €260 Mil (As of Mar. 2024)

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What is Parsons 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.

Parsons's current deferred revenue for the quarter that ended in Mar. 2024 was €260 Mil.

Parsons Current Deferred Revenue Historical Data

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

Parsons Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Deferred Revenue

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207.61

165.93

151.93

201.13

276.12

Parsons Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Deferred Revenue	Get a 7-Day Free Trial															214.10	269.89	259.78	276.12	260.33

Parsons Current Deferred Revenue Related Terms

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Parsons (STU:59P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Parsons Corp (STU:59P) » Definitions » Current Deferred Revenue

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PSN:USA 59P:Germany

Address

5875 Trinity Parkway, Suite 300, Centreville, VA, USA, 21120

Website

https://www.parsons.com

Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.

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