REVENUE |
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Sep. 30, 2021 |
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Revenue from Contract with Customer [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
REVENUE | REVENUE
合同余额
The following table represents the opening and closing balances of accounts receivable, net, contract assets and contract liabilities as of the indicated dates.
我们的付款条款和条件因合同类型而有所不同,尽管该条款通常包括在产品发货后30至60天内支付70%至90%的合同考虑的90%,其余应在接受后30天内支付。
The change in contract assets during the three months ended September 30, 2021 was mainly due to $37.8 million of contract assets reclassified to net accounts receivable as our right to consideration for these contract assets became unconditional, partially offset by $41.6 million of revenue recognized for which the payment is subject to conditions other than passage of time. Contract assets are included in Other current assets on our Condensed Consolidated Balance Sheets.
The change in contract liabilities during the three months ended September 30, 2021 was mainly due to the recognition in revenue of $303.0 million that was included in contract liabilities as of July 1, 2021, partially offset by the value of products and services billed to customers for which control of the products and service has not transferred to the customers. The change in contract liabilities during the three months ended September 30, 2020 was mainly due to the recognition in revenue of $314.8 million that was included in contract liabilities as of July 1, 2020, partially offset by the value of products and services billed to customers for which control of the products and service has not transferred to the customers. Contract liabilities are included in current and non-current liabilities on our Condensed Consolidated Balance Sheets.
Remaining Performance Obligations
截至2021年9月30日,我们有62.5亿美元的剩余绩效义务,这代表了我们提供产品和服务的义务,主要由收到书面客户请求的销售订单组成。我们希望将这些绩效义务的大约5%至15%确认为未来12个月以外的收入,由于容量和供应链的限制,客户定位或取消或取消的供应链,这些百分比可能会增加,或其他导致产品运输或安装的因素延迟。
Refer to Note 18 “Segment Reporting and Geographic Information” to our Condensed Consolidated Financial Statements for information related to revenues by geographic region as well as significant product and service offerings. |