Discontinued — last reported Q1 '24

Business Segments · Current receivables (Note 4)

Renewable Energy — Current receivables (Note 4)

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.

Analysis

StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ1 2024

How to read this metric

Rapid growth relative to revenue may signal collection issues or deteriorating customer credit quality.

Detailed definition

The total amount of money owed to the renewable energy segment by customers for goods or services delivered, expected to...

Peer comparison

Standard accounts receivable metric; comparable to other capital-intensive industrial segments.

Metric ID: ge_segment_renewable_energy_current_receivables_note_4

Historical Data

7 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '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%
Range$2.13B$3.10B
CAGR+24.9%
Avg YoY Growth+24.9%
Median YoY Growth+20.4%
Current Streak2 quarters growth

Frequently Asked Questions

What is General Electric's renewable energy — current receivables (note 4)?
General Electric (GE) reported renewable energy — current receivables (note 4) of $3.10B in Q1 2024.
How has General Electric's renewable energy — current receivables (note 4) changed year-over-year?
General Electric's renewable energy — current receivables (note 4) increased by 45.5% year-over-year, from $2.13B to $3.10B.
What does renewable energy — current receivables (note 4) mean?
Money owed to the renewable energy segment by customers, due within one year.