Alight (ALIT) Non-Current Deffered Revenue (2020 - 2024)
Alight (ALIT) posted Non-Current Deffered Revenue of $45.0 million for Q1 2024, little changed sequentially from $45.0 million in Q4 2023, and down 53.12% YoY from $96.0 million in Q2 2023.
Alight (ALIT) Non-Current Deffered Revenue (2020 - 2024) Analysis & Trends
Alight has reported Non-Current Deffered Revenue for 5 years, with the latest figure at $45.0 million in Q1 2024.
- Quarterly Non-Current Deffered Revenue fell 53.12% year-over-year to $45.0 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $45.0 million (down 53.12% YoY) and the FY2023 annual result came in at $45.0 million, down 51.61% from the prior year.
- Non-Current Deffered Revenue held at $45.0 million in Q1 2024 per ALIT's latest filing, from $45.0 million in the prior quarter.
- Over five years, Non-Current Deffered Revenue peaked at $98.0 million in Q2 2022 and troughed at $36.2 million in Q2 2020.
- A 5-year average of $67.0 million and a median of $57.5 million in 2020 frame the typical range for Non-Current Deffered Revenue.
- The sharpest annual moves came in 2023 and 2024: Non-Current Deffered Revenue jumped 77.78% in 2023, then sank 53.12% in 2024.
- Over 5 years, Non-Current Deffered Revenue stood at $60.0 million in 2020, then fell by 8.33% to $55.0 million in 2021, then jumped by 69.09% to $93.0 million in 2022, then slumped by 51.61% to $45.0 million in 2023, then changed by 0.0% to $45.0 million in 2024.
- According to Business Quant data, Non-Current Deffered Revenue over the past three periods registered $45.0 million, $45.0 million, and $85.0 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 11.44 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 79.00 Mn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | - |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | - |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 135.00 Mn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 25.66 Mn |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 385.90 Mn |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 98.00 Mn |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | - |
| 10 | Alight | 393.87 Mn | 180.87 Mn | 142.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 45.00 Mn |
| Dec 31, 2023 | 45.00 Mn |
| Sep 30, 2023 | 85.00 Mn |
| Jun 30, 2023 | 88.00 Mn |
| Mar 31, 2023 | 96.00 Mn |
| Dec 31, 2022 | 93.00 Mn |
| Sep 30, 2022 | 92.00 Mn |
| Jun 30, 2022 | 98.00 Mn |
| Mar 31, 2022 | 54.00 Mn |
| Dec 31, 2021 | 55.00 Mn |
| Sep 30, 2021 | 54.00 Mn |
| Dec 31, 2020 | 60.00 Mn |
| Sep 30, 2020 | 36.23 Mn |
| Jun 30, 2020 | 36.23 Mn |