C1-04 Unearned Revenue在线视频

Hello guys,
你们好

thank you for coming back for my class.
欢迎回到我的课堂

The next session we will study today
我们今天将要学习的部分是

is unearned revenue.
预收账款

Many companies require
许多公司要求

a partial or full payment prior to delivery
在交付约定的货物或服务之前

of the agreed-up on good or service.
支付部分或全部款项

For instance,
例如

if you book a flight ticket,
如果你订了一张机票

you have to pay the full price before departure
你必须在出发前付清全部费用

or if you order a new car from a dealer,
或者如果你从经销商那里订购了一辆新车

you have to make a down payment
你必须先付定金

before they will purchase a car
他们才会从制造商那里

from the manufacturer.
购买汽车

How does these company account
这些公司在交付货物

for the cash and they receive
或服务之前收到的现金

before delivering good or service?
是如何计算的？

In accrual accounting,
在权责发生制会计中

you don't count that money as revenue
在你提供商品或服务之前

until you provide the goods or services.
你不会把这些钱算作收入

But in the meantime,
但与此同时

you still have the money,
你仍然有这些钱

and it has to go somewhere on the balance sheet.
而且它必须在资产负债表上的某个地方

That's where unearned revenue comes in.
这就是预收账款

Unearned revenue also called "deferred revenue",
预收账款又称“递延收入”

is a non-financial obligation
是一种非金融负债

arising from the collection of assets
产生于收到

that haven't yet been earned.
尚未赚取（提供服务）的资产

For example:
例如

In December 2020,
2020年12月

Star company sold 1,000 concert tickets at $50 each.
明星公司以每张50美元的价格售出了1000张音乐会门票

Star company records the sales of
明星公司对演唱会门票

the concert tickets as follows:
的销售记录如下：

Dr. Cash 50,000
借：现金 50000

and Cr. Unearned revenue 50,000
贷：递延收入50000

After the show,
演出结束后

star company can recognize the revenue
明星公司可以确认收入

and makes the following entry:
和作以下记录：

Dr. Unearned revenue 50,000
借：递延收入50000

and Cr. Concert ticket revenue 50,000
贷：音乐会门票收入50000

Users of financial statements generally examine
财务报表的使用者

liabilities to assess a company's liquidity
通常检查负债以评估公司的流动性

and overall financial flexibility.
和整体财务灵活性

Companies must pay many current liabilities,
公司必须尽早支付许多流动负债

such as accounts payable,
如应付帐款

wages payable,
应付工资

and taxes payable,
和应付税款

sooner rather than later.
越早越好

A substantial increase in these liquidity
流动性负债的大幅增加

should raise a red flag
应该会给公司的财务状况

about a company's financial position.
带来危险

However,
然而

this is not the case for all current liabilities.
但并非所有流动负债都是如此

Next,
接下来

let's discuss a real word case together.
我们一起来讨论一个真实的案例

Tencent is one of the largest Internet
腾讯是中国最大的

comprehensive service provider in China,
互联网综合服务提供商之一

and also has the most of Chinese service users.
它也是中国服务用户最多的国家

Besides this,
除此之外

it is one of the most popular Internet companies.
它是最受欢迎的互联网公司之一

In the first quarter of 2020,
在2020年第一季度

Tencent's deferred revenue reached 83.72 billion yuan,
腾讯的递延收入达到837.2亿元

up 69.2% year-on-year,
同比增长69.2%

and the growth rate reached the highest value
增速达到

in recent 13 quarters.
近13个季度的最高值

Unearned revenue is a liability
递延收入是指

that arises from sales of games,
因销售游戏

video,
视频

music,
音乐

and other value-added services.
和其他增值服务而产生的负债

The case shows the deferred revenue of Tencent company
案例显示腾讯公司的递延收益

increased substantially,
大幅增加

that will definitely increase a mount of current liability.
势必会增加流动负债

However,
然而

market analysts usually read such an increase
市场分析人士认为

in unearned revenue as a positive signal
这种非劳动收入的增长

about Tencent's profitability.
是对腾讯盈利能力的积极信号

A slowdown or reversal of the growth
递延收入增长放缓

in unearned revenues indicates slowing sales,
或逆转表明销售放缓

which is bad news for investors.
这对投资者来说是个坏消息

Thus increases in current liabilities can sometimes
因此流动负债的增加

be viewed as good signs instead of bad.
有时可以被视为好的迹象而不是坏的迹象

So today's task is to find some of the companies
所以今天的任务是

you're interested in,
找到一些你感兴趣的公司

and check their deferred revenue
从财务报表中

from the financial statement
查看他们的递延收入

and do some research to see
做一些研究看看

if you can come to a similar conclusion or not.
你是否能得出类似的结论

And I will see you in the next class.
下节课见

Bye bye!
拜拜