GE Vernova Accounts Receivable, Allowance for Credit Loss, Writeoff decreased by 33.3% to $2.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 77.8%, from $9.00M to $2.00M. Over 3 years (FY 2022 to FY 2025), Accounts Receivable, Allowance for Credit Loss, Writeoff shows an upward trend with a 39.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
High write-offs indicate poor credit management or significant financial distress among the customer base.
The actual reduction in the accounts receivable balance resulting from the formal write-off of uncollectible customer de...
Standard metric for assessing the effectiveness of credit and collection policies.
other_allowance_for_doubtful_accounts_receivable_write_offs| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.75M | $2.75M | $2.75M | $2.75M | $24.00M | $30.00M | $1.00M | $108.00M | $0.00 | $9.00M | $6.00M | $21.00M | $9.00M | $6.00M | $12.00M | $3.00M | $2.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +772.7% | +25.0% | -96.7% | >999% | -100.0% | — | -33.3% | +250.0% | -57.1% | -33.3% | +100.0% | -75.0% | -33.3% |
| YoY Change | — | — | — | — | +772.7% | +990.9% | -63.6% | >999% | -100.0% | -70.0% | +500.0% | -80.6% | — | -33.3% | +100.0% | -85.7% | -77.8% |