Discontinued — last reported Q1 '24
Power — Deferred income (Note 9)
General Electric Power — Deferred income (Note 9) decreased by 4.2% to $46.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 53.1%, from $98.00M to $46.00M. Over 2 years (FY 2021 to FY 2023), Power — Deferred income (Note 9) shows a downward trend with a -30.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong future demand and cash collection, while a decrease may indicate revenue recognition outpacing new bookings.
Detailed definition
Represents the portion of revenue received in advance for services or products that have not yet been delivered or earne...
Peer comparison
Common in industrial and service-heavy sectors; peers often report this as deferred revenue or contract liabilities.
ge_segment_power_deferred_income_note_9Historical Data
| 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 | $125.00M | $118.00M | $110.00M | $99.00M | $105.00M | $100.00M | $104.00M | $98.00M | $46.00M | $36.00M | $48.00M | $46.00M |
| QoQ Change | — | -5.6% | -6.8% | -10.0% | +6.1% | -4.8% | +4.0% | -5.8% | -53.1% | -21.7% | +33.3% | -4.2% |
| YoY Change | — | — | — | — | -16.0% | -15.3% | -5.5% | -1.0% | -56.2% | -64.0% | -53.8% | -53.1% |
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Frequently Asked Questions
- What is General Electric's power — deferred income (note 9)?
- General Electric (GE) reported power — deferred income (note 9) of $46.00M in Q1 2024.
- How has General Electric's power — deferred income (note 9) changed year-over-year?
- General Electric's power — deferred income (note 9) decreased by 53.1% year-over-year, from $98.00M to $46.00M.
- What is the long-term trend for General Electric's power — deferred income (note 9)?
- Over 2 years (2021 to 2023), General Electric's power — deferred income (note 9) has grown at a -30.4% compound annual growth rate (CAGR), from $471.00M to $228.00M.
- What does power — deferred income (note 9) mean?
- Revenue collected from customers for work that has not yet been performed.