Discontinued — last reported Q4 '21
Business Segments · Restructuring and Related Cost, Incurred Cost
Service — Restructuring and Related Cost, Incurred Cost
Otis Worldwide Service — Restructuring and Related Cost, Incurred Cost remained flat by 0.0% to $6.75M in Q4 2021 compared to the prior quarter. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2020
Last reportedQ4 2021
How to read this metric
High incurred costs indicate active implementation of efficiency programs, which should ideally lead to lower future operating expenses and improved segment margins.
Detailed definition
Tracks the actual cash or accrual-based expenditures realized during a specific period related to restructuring activiti...
Peer comparison
Similar to 'Cash Paid for Restructuring' or 'Actual Restructuring Outlays' reported in the cash flow or segment expense reconciliation.
Metric ID:
otis_segment_service_restructuring_and_related_cost_incurred_costHistorical Data
1 years
| FY'21 | |
|---|---|
| Value | $27.00M |
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Frequently Asked Questions
- What is Otis Worldwide's service — restructuring and related cost, incurred cost?
- Otis Worldwide (OTIS) reported service — restructuring and related cost, incurred cost of $6.75M in Q4 2021.
- What does service — restructuring and related cost, incurred cost mean?
- The actual amount spent on restructuring activities during the period.