Current customer contract liabilities
Current obligations to transfer goods or services for customer consideration already received or due.
Worked example · a round-number company
Current customer contract liabilities$1.0B÷Total assets$10.0B=Share of assets10.0%This period$1.0B÷A year before$800M− 1 =Change+25.0%How to read it
↕Neither higher nor lower is better. Shows customer funding for future delivery.
Keep in mind
- This is not borrowing and is not yet recognized revenue.