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For the latest fiscal period Q1'27, DELL reported current contract liabilities of 13.19B USD. This represents a significant decrease compared to the previous quarter's value of 26.93B USD. The data from Q2'24 to Q1'27 illustrates a generally declining trend in current contract liabilities, starting from a peak of 30.31B USD. While the values remained relatively stable between 25B USD and 27B USD throughout FY2025 and FY2026, the sharp drop in Q1'27 marks a notable inflection point in the company's short-term deferred revenue obligations.