RPO / sales

Contracted revenue: remaining performance obligations over annual revenue, or deferred revenue where no backlog is disclosed

One of the 61 measures in Stock Scorer, under Durability — How predictable is the revenue, and how much of it is already committed?

How it is worked out

Remaining performance obligations ÷ annual revenue

Remaining performance obligations are signed contracts not yet delivered: the backlog. 1.0 means a full year of sales is already committed. Where a filer discloses no backlog, deferred revenue — money customers have paid in advance — is used instead, on its own lower scale.

How to read it

0x earns a 1, 1.5x a 10

Which figures it needs

Computed from 3 figures taken from the filing:

• rpo
• deferred_revenue
• revenue

The XBRL tags behind it

These are the element names looked for in a filing, in order. The first one a company reports is the one used, and the company page names which it was — so any figure here can be checked against the filing it came from.

• RevenueRemainingPerformanceObligation
• ContractWithCustomerLiabilityCurrent
• DeferredRevenueCurrent
• RevenueFromContractWithCustomerExcludingAssessedTax
• Revenues
• RevenueFromContractWithCustomerIncludingAssessedTax
• SalesRevenueNet
• SalesRevenueServicesNet
• RevenueFromContractsWithCustomers
• Revenue

Whether it counts

This measure is counted in Durability by default. It can be taken out on the dashboard, and the dimension is then measured over whatever is left.