Otis Worldwide (OTIS) Notes Payables (2019 - 2022)
Otis Worldwide (OTIS) posted quarterly Notes Payables of $103.0 million for Q3 2022, up 171.05% year-over-year from $38.0 million in Q3 2021, and up 27.16% quarter-over-quarter from $81.0 million in Q2 2022.
Otis Worldwide (OTIS) Notes Payables (2019 - 2022) Analysis & Trends
Otis Worldwide (OTIS) has reported Notes Payables for 4 consecutive years, with $103.0 million the latest figure, recorded in Q3 2022.
- In Q3 2022, Notes Payables rose 171.05% year-over-year to $103.0 million; the TTM figure through Sep 2022 stood at $103.0 million (up 171.05% YoY), while the FY2021 annual figure was $24.0 million, down 96.58% from the prior year.
- Notes Payables rose to $103.0 million in Q3 2022 per OTIS's latest filing, from $81.0 million in the prior quarter.
- Across five years, Notes Payables topped out at $701.0 million in Q4 2020 and bottomed at $24.0 million in Q4 2021.
- Historically, Notes Payables has averaged $196.2 million across 4 years, with a median of $74.0 million in 2020.
- Annual changes were most pronounced in 2020 — Notes Payables surged 1961.76% — and 2021, when it plunged 96.58%.
- Otis Worldwide's Notes Payables stood at $34.0 million in 2019, then soared by 1961.76% to $701.0 million in 2020, then slumped by 96.58% to $24.0 million in 2021, then surged by 329.17% to $103.0 million in 2022.
- Business Quant data shows OTIS's Notes Payables at $103.0 million in Q3 2022, $81.0 million in Q2 2022, and $51.0 million in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 103.00 Mn |
| Jun 30, 2022 | 81.00 Mn |
| Mar 31, 2022 | 51.00 Mn |
| Dec 31, 2021 | 24.00 Mn |
| Sep 30, 2021 | 38.00 Mn |
| Jun 30, 2021 | 343.00 Mn |
| Mar 31, 2021 | 341.00 Mn |
| Dec 31, 2020 | 701.00 Mn |
| Sep 30, 2020 | 538.00 Mn |
| Jun 30, 2020 | 33.00 Mn |
| Mar 31, 2020 | 67.00 Mn |
| Dec 31, 2019 | 34.00 Mn |