Discontinued — last reported Q4 '24

Current Liabilities

Accrued Progress Collections and Price Adjustments

Otis Worldwide Accrued Progress Collections and Price Adjustments increased by 3.4% to $30.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 21.1%, from $38.00M to $30.00M. Over 5 years (FY 2020 to FY 2025), Accrued Progress Collections and Price Adjustments shows a downward trend with a -8.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
First reportedQ4 2017
Last reportedQ4 2024
Metric ID: accrued_progress_collections_price_adjustments

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$40.00M$46.00M$52.00M$52.00M$48.00M$48.00M$52.00M$49.00M$45.00M$47.00M$48.00M$43.00M$39.00M$41.00M$38.00M$38.00M$32.00M$29.00M$29.00M$30.00M
QoQ Change+15.0%+13.0%+0.0%-7.7%+0.0%+8.3%-5.8%-8.2%+4.4%+2.1%-10.4%-9.3%+5.1%-7.3%+0.0%-15.8%-9.4%+0.0%+3.4%
YoY Change+20.0%+4.3%+0.0%-5.8%-6.3%-2.1%-7.7%-12.2%-13.3%-12.8%-20.8%-11.6%-17.9%-29.3%-23.7%-21.1%
Range$29.00M$52.00M
CAGR-5.9%
Avg YoY Growth-10.0%
Median YoY Growth-11.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Otis Worldwide's accrued progress collections and price adjustments?
Otis Worldwide (OTIS) reported accrued progress collections and price adjustments of $30.00M in Q1 2026.
How has Otis Worldwide's accrued progress collections and price adjustments changed year-over-year?
Otis Worldwide's accrued progress collections and price adjustments decreased by 21.1% year-over-year, from $38.00M to $30.00M.
What is the long-term trend for Otis Worldwide's accrued progress collections and price adjustments?
Over 5 years (2020 to 2025), Otis Worldwide's accrued progress collections and price adjustments has grown at a -8.0% compound annual growth rate (CAGR), from $44.00M to $29.00M.