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Erayak Power Solution Group (Erayak Power Solution Group) Current Deferred Revenue : $0.36 Mil (As of Dec. 2023)


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What is Erayak Power Solution Group Current Deferred Revenue?

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Erayak Power Solution Group's current deferred revenue for the quarter that ended in Dec. 2023 was $0.36 Mil.

Erayak Power Solution Group Current Deferred Revenue Historical Data

The historical data trend for Erayak Power Solution Group's Current Deferred Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Erayak Power Solution Group Current Deferred Revenue Chart

Erayak Power Solution Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Current Deferred Revenue
0.42 0.80 0.54 0.71 0.36

Erayak Power Solution Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Current Deferred Revenue Get a 7-Day Free Trial Premium Member Only 0.54 0.69 0.71 0.37 0.36

Erayak Power Solution Group Current Deferred Revenue Related Terms

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Erayak Power Solution Group (Erayak Power Solution Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 528, 4th Avenue, Binhai Industrial Park, Zhejiang Province, Wenzhou, CHN, 325025
Erayak Power Solution Group Inc engages in manufacturing, research and development, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery, and smart chargers, and custom-designed products. It derives the majority revenue from three products namely inverters, chargers, and gasoline generators.