XChange TEC.INC (XHG) Non-Current Deffered Revenue (2018 - 2021)

XChange TEC.INC (XHG) recorded quarterly Non-Current Deffered Revenue of -$6.5 million in Q1 2021, down 121.06% on a QoQ basis from $30.6 million in Q3 2020, and down 111.29% year-over-year from $57.2 million in Q1 2020.

XChange TEC.INC (XHG) Non-Current Deffered Revenue (2018 - 2021) Analysis & Trends

XChange TEC.INC has disclosed Non-Current Deffered Revenue across 4 years of filings, most recently posting -$6.5 million for Q1 2021.

  • Quarterly Non-Current Deffered Revenue fell 111.29% year-over-year to -$6.5 million in Q1 2021, while the trailing twelve-month figure through Mar 2021 was -$6.5 million (down 111.29% YoY) and the FY2020 annual result came in at $31.2 million, down 42.43% from the prior year.
  • Non-Current Deffered Revenue retreated to -$6.5 million in Q1 2021, from $30.6 million in the prior quarter.
  • Over five years, Non-Current Deffered Revenue peaked at $57.2 million in Q1 2020 and troughed at -$6.5 million in Q1 2021.
  • A 4-year average of $37.4 million and a median of $50.2 million in 2018 frame the typical range for Non-Current Deffered Revenue.
  • Annual changes were most pronounced in 2019 — Non-Current Deffered Revenue grew 10.21% — and 2021, when it sank 111.29%.
  • Tracing XHG's Non-Current Deffered Revenue over 4 years: stood at $50.2 million in 2018, then climbed by 10.21% to $55.3 million in 2019, then plunged by 44.62% to $30.6 million in 2020, then plunged by 121.06% to -$6.5 million in 2021.
  • Business Quant data shows XHG's Non-Current Deffered Revenue at -$6.5 million in Q1 2021, $30.6 million in Q3 2020, and $57.2 million in Q1 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Deffered Revenue (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn -
2 Aon 69.98 Bn 68.59 Bn - -
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 177.00 Mn
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn -
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn -
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - -
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn -
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn -
10 Baldwin Insurance 1.62 Bn 2.07 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2021 -6.45 Mn
Sep 30, 2020 30.64 Mn
Mar 31, 2020 57.15 Mn
Sep 30, 2019 55.32 Mn
Sep 30, 2018 50.19 Mn