Current Assets
Prepaid & Other Current
Otis Worldwide Prepaid & Other Current decreased by 28.4% to $290.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 56.8%, from $671.00M to $290.00M. Over 5 years (FY 2020 to FY 2025), Prepaid & Other Current shows relatively stable performance with a -1.9% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026
How to read this metric
Significant fluctuations may indicate changes in corporate procurement cycles or shifts in accounting for short-term financial instruments.
Detailed definition
Payments made in advance for services or goods to be received within the next year, alongside other miscellaneous short-...
Peer comparison
Generally a small percentage of current assets; large spikes may warrant investigation into non-recurring items.
Metric ID:
prepaid_and_other_current_assetsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $399.00M | $441.00M | $382.00M | $342.00M | $527.00M | $441.00M | $311.00M | $320.00M | $326.00M | $301.00M | $259.00M | $291.00M | $335.00M | $663.00M | $679.00M | $671.00M | $632.00M | $577.00M | $405.00M | $290.00M |
| QoQ Change | — | +10.5% | -13.4% | -10.5% | +54.1% | -16.3% | -29.5% | +2.9% | +1.9% | -7.7% | -14.0% | +12.4% | +15.1% | +97.9% | +2.4% | -1.2% | -5.8% | -8.7% | -29.8% | -28.4% |
| YoY Change | — | — | — | — | +32.1% | +0.0% | -18.6% | -6.4% | -38.1% | -31.7% | -16.7% | -9.1% | +2.8% | +120.3% | +162.2% | +130.6% | +88.7% | -13.0% | -40.4% | -56.8% |
Range$259.00M – $679.00M
CAGR-6.5%
Avg YoY Growth+19.1%
Median YoY Growth-7.7%
Current Streak5 quarters decline
Prepaid & Other Current at Other Companies
Frequently Asked Questions
- What is Otis Worldwide's prepaid & other current?
- Otis Worldwide (OTIS) reported prepaid & other current of $290.00M in Q1 2026.
- How has Otis Worldwide's prepaid & other current changed year-over-year?
- Otis Worldwide's prepaid & other current decreased by 56.8% year-over-year, from $671.00M to $290.00M.
- What is the long-term trend for Otis Worldwide's prepaid & other current?
- Over 5 years (2020 to 2025), Otis Worldwide's prepaid & other current has grown at a -1.9% compound annual growth rate (CAGR), from $446.00M to $405.00M.
- What does prepaid & other current mean?
- Assets representing payments made for future services or miscellaneous short-term holdings.