New Oriental Education & Technology Group Deferred Revenue 2011-2025 | EDU

Deferred revenue is the amount of money or obligations that a company has received in advance for goods or services that have not yet been delivered or performed. In other words, it is income that has already been received but has not yet been recognized in accounting as revenue because the goods or services have not yet been transferred to the customer.

Features of the metric

Sources of future cash inflows
A high level of deferred revenue indicates that the company has secured future cash flows, which positively affects forecasts of its financial condition and stability.
Assessment of operational stability
Deferred revenue reflects demand for the company’s products or services and its ability to attract customers willing to pay in advance. It is one of the indicators of business stability and its competitive advantages.
Risks and obligations
Although deferred revenue indicates future inflows, it also represents obligations that the company must fulfill. If fulfilling these obligations is delayed or impossible, it can negatively impact reputation and financial results.
Analysis of liquidity and cash flow
Inflows in the form of deferred revenue improve the company’s current liquidity since the funds are already in the accounts. However, investors need to assess the ratio of deferred revenue to fulfilled obligations to understand the actual financial capabilities and risks.
Impact on company valuation
In fundamental analysis, deferred revenue is taken into account for accurate revenue and profit forecasting, especially in industries with long-term contracts or subscriptions (e.g., IT sector, services, manufacturing).

Annual Deferred Revenue New Oriental Education & Technology Group

2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
933 M	1.93 B	1.34 B	1.32 B	1.28 B	875 M	653 M	511 M	394 M	342 M	269 M	194 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
1.93 B	194 M	836 M

Quarterly Deferred Revenue New Oriental Education & Technology Group

2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	-	-	-	-	-	1.93 B	-	-	-	1.32 B	-	-	-	1.3 B	-	-	-	1.27 B	-	-	-	867 M	-	-	-	647 M	-	-	-	501 M	-	-	-	381 M	-	-	-	332 M	-	-	-	269 M	-	-	-	194 M	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
1.93 B	194 M	819 M

Deferred Revenue of other stocks in the Education training industry

Issuer	Deferred Revenue	Price	% 24h	Market Cap	Country
China Liberal Education Holdings Limited CLEU	155 K	-	-	$ 11.6 M	China
ATA Creativity Global AACG	280 M	$ 0.84	-10.82 %	$ 39.5 M	China
China Online Education Group COE	656 M	-	-2.11 %	$ 34.1 M	China
Meten EdtechX Education Group Ltd. METX	213 M	-	6.28 %	$ 27.7 M	China
Aspen Group ASPU	5.89 M	-	0.08 %	$ 3.19 M	USA
Laureate Education LAUR	64.3 M	$ 32.71	1.77 %	$ 5.01 B	USA
Lincoln Educational Services Corporation LINC	30.6 M	$ 22.83	3.68 %	$ 698 M	USA
Stride LRN	53.6 M	$ 63.85	-1.01 %	$ 2.65 B	USA
Four Seasons Education (Cayman) FEDU	27.9 M	$ 11.21	-16.03 %	$ 244 M	China
Arco Platform Limited ARCE	23.1 M	-	-	$ 676 M	Brasil
China Distance Education Holdings Limited DL	106 M	-	0.10 %	$ 333 M	China
GP Strategies Corporation GPX	16.5 M	-	-	$ 366 M	USA
Hailiang Education Group HLG	213 M	-	-	$ 368 M	China
Houghton Mifflin Harcourt Company HMHC	343 M	-	-	$ 2.69 B	USA
LAIX Inc. LAIX	689 M	-	-9.62 %	$ 11 M	China
Puxin Limited NEW	1.02 B	-	0.74 %	$ 11.9 M	China
RISE Education Cayman Ltd REDU	564 M	-	138.46 %	$ 202 M	China
RYB Education, Inc. RYB	38.5 M	-	7.3 %	$ 20.7 M	China
Tarena International TEDU	1.98 B	-	13.0 %	$ 61.8 M	China
Vitru Limited VTRU	9.7 M	-	-1.2 %	$ 363 M	Brasil
Chegg CHGG	39.2 M	$ 0.92	-0.52 %	$ 95 M	USA
iHuman IH	269 M	$ 2.21	-2.21 %	$ 579 M	USA
Graham Holdings Company GHC	391 M	$ 1 116.82	-0.37 %	$ 4.88 B	USA
Grand Canyon Education LOPE	20.3 M	$ 160.98	2.53 %	$ 4.69 B	USA
Adtalem Global Education ATGE	214 M	$ 98.05	5.57 %	$ 3.64 B	USA
Bright Scholar Education Holdings Limited BEDU	446 M	$ 2.25	0.45 %	$ 267 M	China
American Public Education APEI	23.5 M	$ 37.9	2.61 %	$ 668 M	USA
Lixiang Education Holding Co., Ltd. LXEH	1.39 M	$ 0.27	-5.66 %	$ 18 M	China
Afya Limited AFYA	63.8 M	$ 14.55	-	$ 1.37 B	Brasil
Ambow Education Holding Ltd. AMBO	164 M	$ 3.62	-3.6 %	$ 207 M	China
Skillful Craftsman Education Technology Limited EDTK	6.86 M	$ 0.92	1.67 %	$ 12.6 M	China
Vasta Platform Limited VSTA	47.2 M	$ 4.97	0.2 %	$ 286 M	Brasil
Wah Fu Education Group Limited WAFU	3.98 M	$ 1.61	-	$ 7.15 M	China
Perdoceo Education Corporation PRDO	36.7 M	$ 29.17	1.04 %	$ 1.91 B	USA
TAL Education Group TAL	624 M	$ 11.27	-2.09 %	$ 2.28 B	China
Sunlands Technology Group STG	240 M	$ 5.83	0.12 %	$ 39.8 M	-
Strategic Education STRA	89.6 M	$ 80.63	-0.17 %	$ 1.89 B	USA
2U TWOU	81.9 M	-	-35.25 %	$ 128 M	USA
Universal Technical Institute UTI	91.5 M	$ 26.06	5.1 %	$ 1.42 B	USA
Zovio Inc ZVO	14.9 M	-	-11.16 %	$ 4.43 M	USA