Discontinued — last reported Q1 '24
Business Segments · Progress collections
Power — Progress collections
General Electric Power — Progress collections increased by 3.3% to $6.09B 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 2017
Last reportedQ1 2024
Rolls up toProgress collections (Note 8)
How to read this metric
Higher collections indicate strong project execution and improved cash flow, reducing working capital requirements.
Detailed definition
This represents cash collected from customers based on the achievement of specific project milestones or progress toward...
Peer comparison
Common in aerospace, defense, and infrastructure industries where progress billing is standard.
Metric ID:
ge_segment_power_progress_collectionsHistorical Data
5 periods
| Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|
| Value | $4.51B | $5.36B | $5.75B | $5.90B | $6.09B |
| QoQ Change | — | +18.8% | +7.2% | +2.6% | +3.3% |
| YoY Change | — | — | — | +30.7% | — |
Range$4.51B – $6.09B
CAGR+34.9%
Avg YoY Growth+30.7%
Median YoY Growth+30.7%
Current Streak4+ quarters growth
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Frequently Asked Questions
- What is General Electric's power — progress collections?
- General Electric (GE) reported power — progress collections of $6.09B in Q1 2024.
- What does power — progress collections mean?
- Cash received from customers as specific project milestones are reached.