Business Segments · Revenues in excess of billings
Aerospace — Revenues in excess of billings
General Electric Aerospace — Revenues in excess of billings decreased by 11.1% to $2.11B in Q1 2024 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementSegment
CategoryLiquidity
SignalHigher is better
VolatilityModerate
Rolls up toUnbilled Revenue
How to read this metric
An increase suggests strong contract performance ahead of billing cycles, while a decrease may indicate a slowdown in project milestones.
Detailed definition
Revenue recognized for aerospace services or products that has not yet been invoiced to the customer. This represents ac...
Peer comparison
Standard metric for companies utilizing percentage-of-completion accounting.
Metric ID:
ge_segment_aerospace_revenues_in_excess_of_billingsHistorical Data
5 periods
| Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|
| Value | $2.36B | $2.53B | $2.57B | $2.38B | $2.11B |
| QoQ Change | — | +6.9% | +1.5% | -7.3% | -11.1% |
| YoY Change | — | — | — | +0.6% | — |
Range$2.11B – $2.57B
CAGR-10.6%
Avg YoY Growth+0.6%
Median YoY Growth+0.6%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is General Electric's aerospace — revenues in excess of billings?
- General Electric (GE) reported aerospace — revenues in excess of billings of $2.11B in Q1 2024.
- What does aerospace — revenues in excess of billings mean?
- Revenue earned but not yet billed to the customer.