Discontinued — last reported Q1 '24
Business Segments · Customer advances and other
Power — Customer advances and other
General Electric Power — Customer advances and other increased by 1.3% to $609.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 13.0%, from $700.00M to $609.00M. Over 2 years (FY 2021 to FY 2023), Power — Customer advances and other shows a downward trend with a -12.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ1 2024Apr 23, 2024
Rolls up toCustomer Advances (Current)
How to read this metric
Higher levels indicate strong order intake and favorable cash flow, providing liquidity for operations.
Detailed definition
This represents cash received from customers in advance of performance obligations being satisfied, alongside other rela...
Peer comparison
Similar to deferred revenue or customer deposits in manufacturing and defense sectors.
Metric ID:
ge_segment_power_customer_advances_and_otherHistorical Data
12 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $848.00M | $846.00M | $801.00M | $796.00M | $777.00M | $776.00M | $724.00M | $700.00M | $609.00M | $613.00M | $601.00M | $609.00M |
| QoQ Change | — | -0.2% | -5.3% | -0.6% | -2.4% | -0.1% | -6.7% | -3.3% | -13.0% | +0.7% | -2.0% | +1.3% |
| YoY Change | — | — | — | — | -8.4% | -8.3% | -9.6% | -12.1% | -21.6% | -21.0% | -17.0% | -13.0% |
Range$601.00M – $848.00M
CAGR-11.3%
Avg YoY Growth-13.9%
Median YoY Growth-12.5%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is General Electric's power — customer advances and other?
- General Electric (GE) reported power — customer advances and other of $609.00M in Q1 2024.
- How has General Electric's power — customer advances and other changed year-over-year?
- General Electric's power — customer advances and other decreased by 13.0% year-over-year, from $700.00M to $609.00M.
- What is the long-term trend for General Electric's power — customer advances and other?
- Over 2 years (2021 to 2023), General Electric's power — customer advances and other has grown at a -12.3% compound annual growth rate (CAGR), from $3.28B to $2.52B.
- What does power — customer advances and other mean?
- Cash payments received from customers before the company has delivered the goods or services.