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GE Aerospace (XTER:GCP) Current Deferred Revenue : €13,987 Mil (As of Sep. 2024)


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What is GE Aerospace Current Deferred Revenue?

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

GE Aerospace's current deferred revenue for the quarter that ended in Sep. 2024 was €13,987 Mil.

GE Aerospace Current Deferred Revenue Historical Data

The historical data trend for GE Aerospace's Current Deferred Revenue 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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GE Aerospace Current Deferred Revenue Chart

GE Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Deferred Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 15,307.90 18,043.81

GE Aerospace Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Current Deferred Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16,102.35 18,043.81 19,060.56 14,061.34 13,987.12

GE Aerospace Current Deferred Revenue Related Terms

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GE Aerospace Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » GE Aerospace (XTER:GCP) » Definitions » Current Deferred Revenue
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Traded in Other Exchanges
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Address
One Financial Center, Suite 3700, Boston, MA, USA, 02111
Website
https://www.geaerospace.com
GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000. GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.