JBTM JBTM Advance and progress payments
Advance and progress payments at other companies
Other financials
Where this comes from
Reported directly by JBTM in its filing.
Tagged under the XBRL concept jbt:IncreaseDecreaseInContractWithCustomerLiabilityAdvanceAndProgressPayments.
The official record: JBTM’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is JBTM's advance and progress payments?
- JBTM (JBTM) reported advance and progress payments of $50M in Q1 2026.
- How has JBTM's advance and progress payments changed year-over-year?
- JBTM's advance and progress payments increased by 56.3% year-over-year, from $32M to $50M.
- What is the long-term trend for JBTM's advance and progress payments?
- Over 3 years (2021 to 2024), JBTM's advance and progress payments has grown at a -13.2% compound annual growth rate (CAGR), from $49M to $32.1M.
- What does advance and progress payments mean?
- Reflects the change in cash received from customers in advance of satisfying performance obligations, such as progress payments on long-term equipment manufacturing contracts. An increase indicates strong order intake and favorable working capital dynamics, as the company collects cash before incurring the full cost of production.