Deferred Revenue is just used in accounting to balance assets and liabilities on the books of the company.
BTW.....do you know what account(s) is/are used to offset (that is....balance) deferred revenues?
MONEY IN BANK......or CASH ON HAND.
So the bigger the deferred revenues (which means you won't be paying income taxes on that number till much later....when you declare that income), the more money you have to apply to current expenses.
Kah-ching!
"Always only post what you truly believe to be the God's Honest Truth, or don't post at all."
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.