Tenet Healthcare (THC) Current Deferred Revenue (2019 - 2023)
Tenet Healthcare recorded quarterly Current Deferred Revenue of $86.0 million in Q3 2023, up 13.16% quarter-over-quarter from $76.0 million in Q2 2023, and down 22.52% year-over-year from $111.0 million in Q3 2022.
Tenet Healthcare's Current Deferred Revenue history runs 5 years deep, the most recent figure standing at $86.0 million for Q3 2023.
- In Q3 2023, Current Deferred Revenue fell 22.52% year-over-year to $86.0 million; the TTM figure through Sep 2023 stood at $86.0 million (down 22.52% YoY), while the FY2022 annual figure was $110.0 million, down 87.44% from the prior year.
- Current Deferred Revenue came in at $86.0 million for Q3 2023 at Tenet Healthcare, up from $76.0 million in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $1.3 billion in Q2 2020 to a low of $56.0 million in Q4 2020.
- A 5-year average of $287.6 million and a median of $98.0 million in 2021 frame the typical range for Current Deferred Revenue.
- On a YoY basis, Current Deferred Revenue climbed as much as 1677.59% in 2021 and fell as far as 91.63% in 2021.
- Tenet Healthcare's Current Deferred Revenue stood at $72.0 million in 2019, then retreated by 22.22% to $56.0 million in 2020, then jumped by 1464.29% to $876.0 million in 2021, then slumped by 87.44% to $110.0 million in 2022, then dropped by 21.82% to $86.0 million in 2023.
- According to Business Quant data, Current Deferred Revenue over the past three periods registered $86.0 million, $76.0 million, and $76.0 million for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 84.64 Bn | 87.02 Bn | 16.26 Bn |
| 2 | Tenet Healthcare | 15.22 Bn | 14.39 Bn | 4.41 Bn |
| 3 | Davita | 13.10 Bn | 13.96 Bn | 1.07 Bn |
| 4 | Encompass Health | 10.50 Bn | 11.12 Bn | 1.34 Bn |
| 5 | Ensign | 9.69 Bn | 9.09 Bn | 293.37 Mn |
| 6 | Universal Health Services | 8.92 Bn | 8.88 Bn | 3.21 Bn |
| 7 | Fresenius Medical Care AG | 7.31 Bn | 4.93 Bn | 22,843.10 Bn |
| 8 | Chemed | 5.83 Bn | 5.81 Bn | 215.76 Mn |
| 9 | Pacs | 5.76 Bn | 5.51 Bn | 345.96 Mn |
| 10 | Option Care Health | 3.27 Bn | 3.09 Bn | 262.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 86.00 Mn |
| Jun 30, 2023 | 76.00 Mn |
| Mar 31, 2023 | 76.00 Mn |
| Dec 31, 2022 | 110.00 Mn |
| Sep 30, 2022 | 111.00 Mn |
| Jun 30, 2022 | 403.00 Mn |
| Mar 31, 2022 | 90.00 Mn |
| Dec 31, 2021 | 876.00 Mn |
| Sep 30, 2021 | 1.03 Bn |
| Jun 30, 2021 | 106.00 Mn |
| Mar 31, 2021 | 123.00 Mn |
| Dec 31, 2020 | 56.00 Mn |
| Sep 30, 2020 | 58.00 Mn |
| Jun 30, 2020 | 1.27 Bn |
| Mar 31, 2020 | 61.00 Mn |
| Sep 30, 2019 | 72.00 Mn |