GE Aerospace (XPAR:GNE) Current Deferred Revenue : €19,061 Mil (As of Mar. 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 Mar. 2024 was €19,061 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

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Current Deferred Revenue

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15,307.90

18,043.81

GE Aerospace Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Current Deferred Revenue	Get a 7-Day Free Trial															15,491.32	15,822.07	16,102.35	18,043.81	19,060.56

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GE Aerospace (XPAR:GNE) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » GE Aerospace (XPAR:GNE) » Definitions » Current Deferred Revenue

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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.