Current Liabilities

Accrued Liabilities, Current

Otis Worldwide Accrued Liabilities, Current decreased by 7.4% to $1.71B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.0%, from $1.92B to $1.71B. Over 5 years (FY 2020 to FY 2025), Accrued Liabilities, Current shows relatively stable performance with a -1.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

A steady increase relative to revenue may indicate rising operational costs or changes in payment timing.

Detailed definition

These are short-term obligations for expenses that have been incurred but not yet invoiced or paid by the end of the rep...

Peer comparison

Standard across all industries for tracking short-term operational obligations.

Metric ID: current_liabilities_accrued_liabilities_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$1.99B$1.91B$1.99B$1.75B$1.90B$1.66B$1.79B$1.68B$1.78B$1.73B$1.87B$1.69B$1.72B$1.86B$1.92B$1.92B$2.02B$2.02B$1.85B$1.71B
QoQ Change-4.2%+4.6%-12.0%+8.5%-12.7%+7.9%-6.4%+6.0%-3.0%+8.6%-9.7%+1.7%+8.4%+3.1%+0.0%+4.9%-0.0%-8.3%-7.4%
YoY Change-4.3%-12.8%-10.0%-4.3%-6.5%+3.8%+4.4%+0.7%-3.4%+8.1%+2.6%+13.6%+17.3%+8.1%-3.9%-11.0%
Range$1.66B$2.02B
CAGR-3.1%
Avg YoY Growth+0.2%
Median YoY Growth-1.3%
Current Streak3 quarters decline

Frequently Asked Questions

What is Otis Worldwide's accrued liabilities, current?
Otis Worldwide (OTIS) reported accrued liabilities, current of $1.71B in Q1 2026.
How has Otis Worldwide's accrued liabilities, current changed year-over-year?
Otis Worldwide's accrued liabilities, current decreased by 11.0% year-over-year, from $1.92B to $1.71B.
What is the long-term trend for Otis Worldwide's accrued liabilities, current?
Over 5 years (2020 to 2025), Otis Worldwide's accrued liabilities, current has grown at a -1.4% compound annual growth rate (CAGR), from $1.98B to $1.85B.
What does accrued liabilities, current mean?
Short-term expenses that have been incurred but not yet paid.