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| Date | Value |
|---|---|
| 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 |