Discontinued — last reported Q1 '24
Business Segments · Progress collections
Aerospace — Progress collections
General Electric Aerospace — Progress collections increased by 3.3% to $6.40B in Q1 2024 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2024
Rolls up toProgress collections (Note 8)
How to read this metric
Higher progress collections improve liquidity and reduce the financing burden of long-term projects.
Detailed definition
Cash payments received from customers based on the achievement of specific project milestones during the production or s...
Peer comparison
Common in defense and aerospace contracting where milestone-based payments are standard practice.
Metric ID:
ge_segment_aerospace_progress_collectionsHistorical Data
5 periods
| Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|
| Value | $5.81B | $5.87B | $5.92B | $6.20B | $6.40B |
| QoQ Change | — | +0.9% | +0.9% | +4.7% | +3.3% |
| YoY Change | — | — | — | +6.6% | — |
Range$5.81B – $6.40B
CAGR+10.1%
Avg YoY Growth+6.6%
Median YoY Growth+6.6%
Current Streak4+ quarters growth
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Frequently Asked Questions
- What is General Electric's aerospace — progress collections?
- General Electric (GE) reported aerospace — progress collections of $6.40B in Q1 2024.
- What does aerospace — progress collections mean?
- Cash received from customers as specific project milestones are met.