Products & Services · Revenues in excess of billings
Services — Revenues in excess of billings
General Electric Services — Revenues in excess of billings increased by 2.0% to $7.92B in Q1 2023 compared to the prior quarter. Year-over-year, this metric grew by 3.1%, from $7.68B to $7.92B.
Analysis
StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityModerate
Rolls up toUnbilled Revenue
How to read this metric
An increase may suggest a delay in billing milestones or a shift toward more complex, long-term service delivery models.
Detailed definition
Represents the value of services performed for which revenue has been recognized but the customer has not yet been bille...
Peer comparison
Commonly referred to as 'Unbilled Receivables' or 'Accrued Revenue' in accounting.
Metric ID:
ge_segment_services_revenues_in_excess_of_billingsHistorical Data
8 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | |
|---|---|---|---|---|---|---|---|---|
| Value | $7.83B | $8.20B | $7.97B | $7.68B | $7.84B | $7.84B | $7.77B | $7.92B |
| QoQ Change | — | +4.7% | -2.7% | -3.6% | +2.0% | +0.1% | -1.0% | +2.0% |
| YoY Change | — | — | — | — | +0.1% | -4.3% | -2.6% | +3.1% |
Range$7.68B – $8.20B
CAGR+0.7%
Avg YoY Growth-0.9%
Median YoY Growth-1.3%
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Frequently Asked Questions
- What is General Electric's services — revenues in excess of billings?
- General Electric (GE) reported services — revenues in excess of billings of $7.92B in Q1 2023.
- How has General Electric's services — revenues in excess of billings changed year-over-year?
- General Electric's services — revenues in excess of billings increased by 3.1% year-over-year, from $7.68B to $7.92B.
- What does services — revenues in excess of billings mean?
- Revenue earned but not yet billed to the customer.