Discontinued — last reported Q1 '24
Business Segments · Current receivables (Note 4)
Power — Current receivables (Note 4)
General Electric Power — Current receivables (Note 4) increased by 2.4% to $4.33B in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 9.9%, from $3.94B to $4.33B. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ1 2024
Rolls up toAccounts Receivable
How to read this metric
A rapid increase relative to revenue may signal collection issues or deteriorating customer credit quality.
Detailed definition
This metric tracks the amount owed to the Power segment by customers for goods or services delivered on credit, expected...
Peer comparison
Standard accounts receivable metric found in the current assets section of segment disclosures.
Metric ID:
ge_segment_power_current_receivables_note_4Historical Data
7 periods
| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|
| Value | $4.09B | $4.23B | $3.94B | $3.96B | $4.00B | $4.23B | $4.33B |
| QoQ Change | — | +3.3% | -6.8% | +0.5% | +1.1% | +5.7% | +2.4% |
| YoY Change | — | +3.3% | — | — | — | +0.1% | +9.9% |
Range$3.94B – $4.33B
CAGR+3.9%
Avg YoY Growth+4.5%
Median YoY Growth+3.3%
Current Streak4 quarters growth
Similar Metrics at Other Companies
Frequently Asked Questions
- What is General Electric's power — current receivables (note 4)?
- General Electric (GE) reported power — current receivables (note 4) of $4.33B in Q1 2024.
- How has General Electric's power — current receivables (note 4) changed year-over-year?
- General Electric's power — current receivables (note 4) increased by 9.9% year-over-year, from $3.94B to $4.33B.
- What does power — current receivables (note 4) mean?
- Money owed to the Power segment by customers for sales made on credit.