Business Segments · Revenues in excess of billings
Power — Revenues in excess of billings
General Electric Power — Revenues in excess of billings decreased by 0.6% to $5.18B in Q1 2024 compared to the prior quarter.
Analysis
StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityModerate
Rolls up toUnbilled Revenue
How to read this metric
A growing balance may indicate strong project progress, but could also signal potential cash flow delays if billing milestones are not met.
Detailed definition
This metric represents revenue recognized for work performed on long-term contracts that has not yet been invoiced to th...
Peer comparison
Standard contract asset metric for companies using percentage-of-completion accounting.
Metric ID:
ge_segment_power_revenues_in_excess_of_billingsHistorical Data
5 periods
| Q4 '22 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|
| Value | $5.40B | $5.52B | $5.35B | $5.21B | $5.18B |
| QoQ Change | — | +2.2% | -3.1% | -2.8% | -0.6% |
| YoY Change | — | — | — | -3.7% | — |
Range$5.18B – $5.52B
CAGR-4.2%
Avg YoY Growth-3.7%
Median YoY Growth-3.7%
Current Streak3 quarters decline
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Frequently Asked Questions
- What is General Electric's power — revenues in excess of billings?
- General Electric (GE) reported power — revenues in excess of billings of $5.18B in Q1 2024.
- What does power — revenues in excess of billings mean?
- Revenue earned but not yet billed to the customer.