Discontinued — last reported Q1 '24

Business Segments · Current receivables (Note 4)

Aerospace — Current receivables (Note 4)

General Electric Aerospace — Current receivables (Note 4) decreased by 2.0% to $7.85B in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.4%, from $7.67B to $7.85B. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2021
Last reportedQ1 2024

How to read this metric

Rapid increases relative to revenue may signal collection issues or deteriorating customer credit quality.

Detailed definition

The amount of money owed to the aerospace segment by customers for goods and services delivered where payment has not ye...

Peer comparison

Standard accounts receivable metric found in all corporate balance sheets.

Metric ID: ge_segment_aerospace_current_receivables_note_4

Historical Data

7 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24
Value$5.81B$7.78B$7.67B$8.01B$7.89B$8.01B$7.85B
QoQ Change+33.9%-1.5%+4.5%-1.5%+1.5%-2.0%
YoY Change+33.9%+2.9%+2.4%
Range$5.81B$8.01B
CAGR+22.2%
Avg YoY Growth+13.1%
Median YoY Growth+2.9%

Frequently Asked Questions

What is General Electric's aerospace — current receivables (note 4)?
General Electric (GE) reported aerospace — current receivables (note 4) of $7.85B in Q1 2024.
How has General Electric's aerospace — current receivables (note 4) changed year-over-year?
General Electric's aerospace — current receivables (note 4) increased by 2.4% year-over-year, from $7.67B to $7.85B.
What does aerospace — current receivables (note 4) mean?
Money owed to the aerospace segment by customers for products or services already provided.