Discontinued — last reported Q1 '18

Current Assets

Allowance for Doubtful Accounts Receivable (Current)

Otis Worldwide Allowance for Doubtful Accounts Receivable (Current) remained flat by 0.0% to $125.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.0%, from $119.00M to $125.00M. Over 5 years (FY 2020 to FY 2025), Allowance for Doubtful Accounts Receivable (Current) shows a downward trend with a -4.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ3 2015
Last reportedQ1 2018

How to read this metric

A significant increase relative to receivables may signal deteriorating customer credit quality or economic headwinds in specific markets.

Detailed definition

This is a contra-asset account representing the estimated amount of accounts receivable that the company expects will no...

Peer comparison

Standard across all industries; peers in the medical device sector typically maintain low levels unless operating in high-risk emerging markets.

Metric ID: allowance_for_doubtful_accounts_receivable_current

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$170.00M$177.00M$175.00M$188.00M$166.00M$156.00M$152.00M$139.00M$143.00M$126.00M$130.00M$133.00M$131.00M$132.00M$125.00M$119.00M$121.00M$126.00M$125.00M$125.00M
QoQ Change+4.1%-1.1%+7.4%-11.7%-6.0%-2.6%-8.6%+2.9%-11.9%+3.2%+2.3%-1.5%+0.8%-5.3%-4.8%+1.7%+4.1%-0.8%+0.0%
YoY Change-2.4%-11.9%-13.1%-26.1%-13.9%-19.2%-14.5%-4.3%-8.4%+4.8%-3.8%-10.5%-7.6%-4.5%+0.0%+5.0%
Range$119.00M$188.00M
CAGR-6.3%
Avg YoY Growth-8.2%
Median YoY Growth-8.0%

Frequently Asked Questions

What is Otis Worldwide's allowance for doubtful accounts receivable (current)?
Otis Worldwide (OTIS) reported allowance for doubtful accounts receivable (current) of $125.00M in Q1 2026.
How has Otis Worldwide's allowance for doubtful accounts receivable (current) changed year-over-year?
Otis Worldwide's allowance for doubtful accounts receivable (current) increased by 5.0% year-over-year, from $119.00M to $125.00M.
What is the long-term trend for Otis Worldwide's allowance for doubtful accounts receivable (current)?
Over 5 years (2020 to 2025), Otis Worldwide's allowance for doubtful accounts receivable (current) has grown at a -4.9% compound annual growth rate (CAGR), from $161.00M to $125.00M.
What does allowance for doubtful accounts receivable (current) mean?
The estimated portion of customer invoices that the company expects will never be paid.