Freshpet (FRPT) Current Deferred Revenue (2017 - 2024)
Freshpet (FRPT) posted Current Deferred Revenue of $1.2 million for Q1 2024, up 0.98% sequentially from $1.2 million in Q4 2023, and up 30.12% YoY from $953000.0 in Q2 2023.
Freshpet (FRPT) Current Deferred Revenue (2017 - 2024) Analysis & Trends
Freshpet has reported Current Deferred Revenue for 8 years, with the latest figure at $1.2 million in Q1 2024.
- Quarterly Current Deferred Revenue rose 30.12% year-over-year to $1.2 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $1.2 million (up 30.12% YoY) and the FY2023 annual result came in at $1.2 million, up 87.2% from the prior year.
- Current Deferred Revenue improved to $1.2 million in Q1 2024 per FRPT's latest filing, from $1.2 million in the prior quarter.
- Over five years, Current Deferred Revenue peaked at $1.8 million in Q2 2023 and troughed at $502000.0 in Q4 2020.
- A 5-year average of $913011.8 and a median of $829000.0 in 2021 frame the typical range for Current Deferred Revenue.
- The sharpest annual moves came in 2020 and 2023: Current Deferred Revenue tumbled 65.52% in 2020, then surged 160.29% in 2023.
- Over 5 years, Current Deferred Revenue stood at $502000.0 in 2020, then jumped by 64.94% to $828000.0 in 2021, then declined by 20.77% to $656000.0 in 2022, then surged by 87.2% to $1.2 million in 2023, then rose by 0.98% to $1.2 million in 2024.
- According to Business Quant data, Current Deferred Revenue over the past three periods registered $1.2 million, $1.2 million, and $1.0 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kraft Heinz | 30.37 Bn | 27.69 Bn | 2.03 Bn |
| 2 | General Mills | 21.49 Bn | 21.03 Bn | 1.60 Bn |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn |
| 5 | J M Smucker | 13.21 Bn | 13.15 Bn | 862.10 Mn |
| 6 | Hormel Foods | 13.14 Bn | 12.28 Bn | 518.51 Mn |
| 7 | Magnum Ice Cream | 12.22 Bn | 11.50 Bn | - |
| 8 | Darling Ingredients | 10.40 Bn | 10.24 Bn | 503.37 Mn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn |
| 10 | Freshpet | 3.65 Bn | 3.29 Bn | 128.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 1.24 Mn |
| Dec 31, 2023 | 1.23 Mn |
| Sep 30, 2023 | 1.02 Mn |
| Jun 30, 2023 | 1.80 Mn |
| Mar 31, 2023 | 953,000.00 |
| Dec 31, 2022 | 656,000.00 |
| Sep 30, 2022 | 1.28 Mn |
| Jun 30, 2022 | 690,000.00 |
| Mar 31, 2022 | 617,000.00 |
| Dec 31, 2021 | 828,000.00 |
| Sep 30, 2021 | 902,000.00 |
| Jun 30, 2021 | 829,000.00 |
| Mar 31, 2021 | 626,000.00 |
| Dec 31, 2020 | 502,000.00 |
| Sep 30, 2020 | 972,344.00 |
| Jun 30, 2020 | 650,685.00 |
| Mar 31, 2020 | 735,172.00 |
| Dec 31, 2019 | 635,000.00 |
| Sep 30, 2019 | 1.09 Mn |
| Jun 30, 2019 | 1.89 Mn |