Warner Music Group Corp. Deferred Revenue 2011-2026 | WMG

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 Warner Music Group Corp.

2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
423 M	348 M	297 M	180 M	208 M	197 M	178 M	206 M	219 M	139 M	101 M	101 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
423 M	101 M	216 M

Quarterly Deferred Revenue Warner Music Group Corp.

2023-Q2	2023-Q1	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
226 M	311 M	327 M	423 M	197 M	239 M	298 M	348 M	275 M	348 M	326 M	297 M	297 M	297 M	159 M	180 M	180 M	180 M	182 M	208 M	212 M	197 M	201 M	197 M	197 M	197 M	175 M	178 M	178 M	178 M	202 M	206 M	206 M	206 M	255 M	219 M	219 M	219 M	192 M	139 M	139 M	139 M	158 M	101 M	101 M	101 M	128 M	101 M	101 M	101 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
423 M	101 M	209 M

Deferred Revenue of other stocks in the Media entertainment industry

Issuer	Deferred Revenue	Price	% 24h	Market Cap	Country
Charter Communications CHTR	422 M	$ 220.81	0.38 %	$ 29.8 B	USA
Comcast Corporation CMCSA	4.1 B	$ 27.69	0.11 %	$ 102 B	USA
Allied Esports Entertainment AESE	104 K	-	5.22 %	$ 55.1 M	USA
The Walt Disney Company DIS	6.25 B	$ 96.23	-0.05 %	$ 174 B	USA
Dolphin Entertainment DLPN	310 K	$ 1.6	3.57 %	$ 18.5 M	USA
Formula One Group FWONA	1.77 B	$ 79.17	-0.49 %	$ 8.93 B	USA
Liberty Broadband Corporation LBRDA	21 M	$ 51.32	0.16 %	$ 7.34 B	USA
Liberty Global plc LBTYA	292 M	$ 12.48	-0.2 %	$ 4.27 B	Britain
The Marcus Corporation MCS	48.3 M	$ 18.2	-1.3 %	$ 573 M	USA
The Liberty Braves Group Series C BATRK	1.77 B	$ 43.88	-0.07 %	$ 2.84 B	USA
Discovery, Inc. DISCA	557 M	-	5.9 %	$ 12.8 B	USA
Eros STX Global Corporation ESGC	9.83 M	-	22.18 %	$ 57.4 M	Britain
LiveXLive Media, Inc. LIVX	949 K	-	1.99 %	$ 241 M	USA
MSG Networks Inc. MSGN	2.75 M	-	-0.91 %	$ 808 M	USA
The Liberty Braves Group Series A BATRA	1.77 B	$ 48.7	-0.11 %	$ 2.84 B	USA
Reading International RDI	11.3 M	$ 1.08	0.47 %	$ 24.5 M	USA
Roku ROKU	121 M	$ 98.56	0.37 %	$ 14.5 B	USA
Scienjoy Holding Corporation SJ	80.2 M	$ 1.25	1.63 %	$ 51.7 M	China
ViacomCBS Inc. VIAC	978 M	-	5.11 %	$ 20.2 B	USA
ViacomCBS Inc. VIACA	993 M	-	4.82 %	$ 20.2 B	USA
Hall of Fame Resort & Entertainment Company HOFV	1.71 M	-	-5.44 %	$ 4.78 M	USA
Comcast Holdings Corp. CCZ	4.1 B	$ 64.54	-	$ 239 B	USA
DISH Network Corporation DISH	638 M	-	1.94 %	$ 3.06 B	USA
Dolby Laboratories DLB	31.4 M	$ 61.2	-0.24 %	$ 5.87 B	USA
Cinedigm Corp. CIDM	183 K	-	0.86 %	$ 55.4 M	USA
Madison Square Garden Sports Corp. MSGS	164 M	$ 322.0	-0.74 %	$ 7.76 B	USA
Genius Brands International GNUS	4.39 M	-	8.36 %	$ 104 M	USA
Hemisphere Media Group HMTV	7.4 M	-	-	$ 290 M	USA
MediaCo Holding MDIA	9.6 M	$ 0.75	2.12 %	$ 59.5 M	USA
Madison Square Garden Entertainment Corp. MSGE	193 M	$ 59.96	-0.45 %	$ 2.16 B	USA
Netflix NFLX	1.78 B	$ 99.11	0.18 %	$ 421 B	USA
World Wrestling Entertainment WWE	79.8 M	-	-0.06 %	$ 7.49 B	USA
AMC Entertainment Holdings AMC	415 M	$ 1.18	-6.35 %	$ 558 M	USA
WideOpenWest WOW	2.2 M	-	-	$ 424 M	USA
IMAX Corporation IMAX	94.6 M	$ 38.89	-1.12 %	$ 2.09 B	Canada
HUYA HUYA	266 M	$ 3.19	-1.24 %	$ 739 M	USA
Live Nation Entertainment LYV	4.46 B	$ 158.61	-0.94 %	$ 36.8 B	USA