Current Liabilities
Accounts Payable
Otis Worldwide Accounts Payable decreased by 7.8% to $1.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 22.1%, from $1.62B to $1.98B. Over 5 years (FY 2020 to FY 2025), Accounts Payable shows an upward trend with a 8.1% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ3 2015
Last reportedQ4 2025
How to read this metric
An increase can indicate better credit terms or increased production volume, while a decrease might suggest faster payments or reduced purchasing.
Detailed definition
The amount of money a company owes to its suppliers and vendors for goods and services purchased on credit. In a large-s...
Peer comparison
Companies with significant supply chain leverage often maintain high payables to maximize their own cash-on-hand.
Metric ID:
accounts_payableHistorical 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 | $1.57B | $1.66B | $1.56B | $1.51B | $1.62B | $1.52B | $1.72B | $1.52B | $1.74B | $1.66B | $1.88B | $1.64B | $1.72B | $1.78B | $1.88B | $1.62B | $1.74B | $1.76B | $2.14B | $1.98B |
| QoQ Change | — | +5.9% | -6.4% | -3.1% | +7.2% | -5.9% | +12.9% | -11.8% | +15.1% | -5.1% | +13.5% | -12.6% | +4.6% | +3.7% | +5.6% | -13.9% | +7.5% | +1.1% | +21.8% | -7.8% |
| YoY Change | — | — | — | — | +3.0% | -8.5% | +10.3% | +0.5% | +7.9% | +8.8% | +9.4% | +8.3% | -1.6% | +7.5% | +0.1% | -1.4% | +1.3% | -1.2% | +14.0% | +22.1% |
Range$1.51B – $2.14B
CAGR+5.0%
Avg YoY Growth+5.0%
Median YoY Growth+5.2%
Accounts Payable at Other Companies
Frequently Asked Questions
- What is Otis Worldwide's accounts payable?
- Otis Worldwide (OTIS) reported accounts payable of $1.98B in Q1 2026.
- How has Otis Worldwide's accounts payable changed year-over-year?
- Otis Worldwide's accounts payable increased by 22.1% year-over-year, from $1.62B to $1.98B.
- What is the long-term trend for Otis Worldwide's accounts payable?
- Over 5 years (2020 to 2025), Otis Worldwide's accounts payable has grown at a 8.1% compound annual growth rate (CAGR), from $1.45B to $2.14B.
- What does accounts payable mean?
- The total amount of money the company owes to its suppliers for items it has already received.