Current Assets
Total Current Assets
Otis Worldwide Total Current Assets decreased by 0.6% to $6.46B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.1%, from $7.44B to $6.46B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows relatively stable performance with a 0.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2026
How to read this metric
Higher levels indicate stronger short-term liquidity, though excessive levels may suggest inefficient capital allocation.
Detailed definition
The sum of all assets that are expected to be converted into cash or consumed within one year. This provides a snapshot...
Peer comparison
Compared against current liabilities to determine the current ratio, a standard measure of short-term financial health.
Metric ID:
total_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 | $6.68B | $6.38B | $8.26B | $7.84B | $6.15B | $5.83B | $6.14B | $6.15B | $6.42B | $6.75B | $6.40B | $6.14B | $6.24B | $6.50B | $7.67B | $7.44B | $6.39B | $6.61B | $6.50B | $6.46B |
| QoQ Change | — | -4.6% | +29.6% | -5.0% | -21.6% | -5.2% | +5.4% | +0.2% | +4.3% | +5.2% | -5.2% | -4.1% | +1.6% | +4.1% | +18.1% | -3.1% | -14.1% | +3.5% | -1.7% | -0.6% |
| YoY Change | — | — | — | — | -7.9% | -8.6% | -25.6% | -21.6% | +4.3% | +15.8% | +4.2% | -0.2% | -2.8% | -3.8% | +19.8% | +21.1% | +2.4% | +1.8% | -15.2% | -13.1% |
Range$5.83B – $8.26B
CAGR-0.7%
Avg YoY Growth-1.8%
Median YoY Growth-1.5%
Current Streak2 quarters decline
Total Current Assets at Other Companies
Frequently Asked Questions
- What is Otis Worldwide's total current assets?
- Otis Worldwide (OTIS) reported total current assets of $6.46B in Q1 2026.
- How has Otis Worldwide's total current assets changed year-over-year?
- Otis Worldwide's total current assets decreased by 13.1% year-over-year, from $7.44B to $6.46B.
- What is the long-term trend for Otis Worldwide's total current assets?
- Over 5 years (2020 to 2025), Otis Worldwide's total current assets has grown at a 0.0% compound annual growth rate (CAGR), from $6.49B to $6.50B.
- What does total current assets mean?
- The total value of all assets that can be turned into cash within one year.