Otis Worldwide Change in Accounts Payable 2019-2025 | OTIS

Otis Worldwide annual/quarterly change in accounts payable history and growth rate from 2019 to 2025. Change in accounts payable can be defined as the increase or decrease in trade payables for the given period.
  • Otis Worldwide change in accounts payable for the quarter ending March 31, 2025 was $-0.281B, a 29.49% increase year-over-year.
  • Otis Worldwide change in accounts payable for the twelve months ending March 31, 2025 was $-0.468B, a 721.05% increase year-over-year.
  • Otis Worldwide annual change in accounts payable for 2024 was $0.057B, a 62.5% decline from 2023.
  • Otis Worldwide annual change in accounts payable for 2023 was $0.152B, a 44.12% decline from 2022.
  • Otis Worldwide annual change in accounts payable for 2022 was $0.272B, a 109.23% increase from 2021.
Otis Worldwide Annual Change in Accounts Payable
(Millions of US $)
2024 $57
2023 $152
2022 $272
2021 $130
2020 $20
2019 $6
2018 $124
Sector Industry Market Cap Revenue
Industrial Products General Industrial Machinery $39.274B $14.261B
Otis Worldwide Corp. is one of the leading elevator and escalator manufacturing, installation and service provider to commercial, housing associations, government associations, etc. Otis has expanded business in multiple countries across the world in more than 1,400 branches and offices. Raytheon Technologies Corp. completed the tax-free spin-off of Otis Worldwide Corp and Carrier Global Corp. It has 2 reporting segments: New Equipment & Service. The New Equipment segment manufactures, sells and installs a wide range of passenger and freight elevators, escalators and moving walkways for residential, commercial and infrastructure projects. It has developed a range of elevator and escalator solutions, including Gen360 elevator & Gen2 system. The Service segment performs maintenance & repair and modernization services to upgrade elevators, and escalators. It has a maintenance portfolio of more than 2 million units throughout the globe. Otis provides maintenance services to other manufacturers.
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Atlas Copco AB (ATLKY) Sweden $80.146B 28.84
Illinois Tool Works (ITW) United States $75.741B 25.57
Ferguson (FERG) United States $44.034B 23.63
Ingersoll Rand (IR) United States $35.093B 28.06
Dover (DOV) United States $25.862B 21.24
Trimble (TRMB) United States $18.819B 34.90
IHI CORP (IHICY) Japan $16.892B 22.68
Graco (GGG) United States $14.840B 31.49
IDEX (IEX) United States $13.693B 23.39
Spirax Group (SPXSY) United Kingdom $12.654B 0.00
Nordson (NDSN) United States $12.589B 23.04
RBC Bearings (RBC) United States $12.205B 41.96
Kawasaki Heavy Industries (KWHIY) Japan $12.032B 20.82
GEA Group AG (GEAGF) Germany $11.882B 0.00
Regal Rexnord (RRX) United States $10.063B 16.36
Applied Industrial Technologies (AIT) United States $9.359B 24.67
Generac Holdings (GNRC) United States $9.002B 19.89
Oshkosh (OSK) United States $7.996B 11.53
Middleby (MIDD) United States $7.973B 15.35
Chart Industries (GTLS) United States $7.935B 19.55
Flowserve (FLS) United States $7.228B 19.96
Gates Industrial (GTES) United States $6.189B 18.19
Japan Steel Works (JPSWY) Japan $4.018B 32.93
Kadant Inc (KAI) United States $3.885B 32.99
ATS (ATS) Canada $3.172B 30.65
SUMITOMO HEAVY (SOHVY) Japan $2.408B 13.18
Standex (SXI) United States $2.035B 23.00
Xometry (XMTR) United States $1.748B 0.00
Tennant (TNC) United States $1.529B 13.99
DNOW (DNOW) United States $1.492B 15.19
DXP Enterprises (DXPE) United States $1.440B 18.02
Helios Technologies (HLIO) United States $1.201B 18.01
Gorman-Rupp (GRC) United States $1.019B 20.29
Graham (GHM) United States $0.578B 42.20
Luxfer Holdings (LXFR) United States $0.345B 13.35
Paul Mueller (MUEL) United States $0.306B 10.22
China High Speed Transmission Equipment Group (CHSTY) China $0.268B 0.00
Alta Equipment Group (ALTG) United States $0.250B 0.00
ZJK Industrial (ZJK) China $0.236B 0.00
Crawford United (CRAWA) United States $0.172B 12.56
HUHUTECH Group (HUHU) China $0.160B 0.00
Taylor Devices (TAYD) United States $0.139B 17.78
Twin Disc (TWIN) United States $0.137B 121.00
Ascent Industries (ACNT) United States $0.127B 0.00
Burnham Holdings (BURCA) United States $0.084B 8.03
PyroGenesis (PYRGF) Canada $0.064B 0.00
Broadwind Energy (BWEN) United States $0.042B 0.00
CVD Equipment (CVV) United States $0.022B 0.00