Discontinued — last reported Q1 '24
General Electric Renewable Energy — Current receivables (Note 4) increased by 6.5% to $3.10B in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 45.5%, from $2.13B to $3.10B.
Rapid growth relative to revenue may signal collection issues or deteriorating customer credit quality.
The total amount of money owed to the renewable energy segment by customers for goods or services delivered, expected to...
Standard accounts receivable metric; comparable to other capital-intensive industrial segments.
ge_segment_renewable_energy_current_receivables_note_4| Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|
| Value | $2.22B | $2.42B | $2.13B | $2.36B | $2.34B | $2.91B | $3.10B |
| QoQ Change | — | +8.9% | -11.8% | +10.9% | -0.7% | +24.0% | +6.5% |
| YoY Change | — | +8.9% | — | — | — | +20.4% | +45.5% |