General Electric Co (XBRU:GEBC) Change In Receivables : €-195 Mil (TTM As of Mar. 2024)

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What is General Electric Co Change In Receivables?

General Electric Co's change in receivables for the quarter that ended in Mar. 2024 was €150 Mil. It means General Electric Co's Accounts Receivable declined by €150 Mil from Dec. 2023 to Mar. 2024 .

General Electric Co's change in receivables for the fiscal year that ended in Dec. 2023 was €413 Mil. It means General Electric Co's Accounts Receivable declined by €413 Mil from Dec. 2022 to Dec. 2023 .

General Electric Co's Accounts Receivable for the quarter that ended in Mar. 2024 was €15,315 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. General Electric Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 94.63.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. General Electric Co's liquidation value for the three months ended in Mar. 2024 was €-82,219 Mil.

General Electric Co Change In Receivables Historical Data

The historical data trend for General Electric Co's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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General Electric Co Change In Receivables Chart

General Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

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Dec20

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Dec22

Dec23

Change In Receivables

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-1,764.00

256.46

1,354.94

-1,007.25

412.65

General Electric Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															775.22	-114.45	177.09	-408.07	149.96

General Electric Co Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-195 Mil.

General Electric Co (XBRU:GEBC) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

General Electric Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	15315.24	/	14768.76	*	91
=	94.63

2. In Ben Graham's calculation of liquidation value, General Electric Co's accounts receivable are only considered to be worth 75% of book value:

General Electric Co's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	20409.28	-	122211.88	+	0.75 * 15315.24	+	0.5 * 16194.76
=	-82,219

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General Electric Co (XBRU:GEBC) Business Description

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Address

5 Necco Street, Boston, MA, USA, 02210

Website

https://www.ge.com

GE was formed through the combination of two companies in 1892, including one with historical ties to American inventor Thomas Edison. Today, GE is a global leader in air travel and in the energy transition. The company is known for its differentiated technology and its massive industrial installed base of equipment sprawled throughout the world. That installed base most notably includes aerospace engines, gas and steam turbines, and onshore and offshore wind turbines. GE earns most of its profits on the service revenue of that equipment, which is generally higher-margin. The company is led by Danaher alumnus Larry Culp, who is leading a multiyear turnaround of the conglomerate based on lean principles.

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