Otis Worldwide (BSP:O1TI34) Days Sales Outstanding

: 84.58 (As of Dec. 2023)

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Otis Worldwide's average Accounts Receivable for the three months ended in Dec. 2023 was R$16,442 Mil. Otis Worldwide's Revenue for the three months ended in Dec. 2023 was R$17,737 Mil. Hence, Otis Worldwide's Days Sales Outstanding for the three months ended in Dec. 2023 was 84.58.

The historical rank and industry rank for Otis Worldwide's Days Sales Outstanding or its related term are showing as below:

BSP:O1TI34' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.62 Med: 81.29 Max: 85.04
Current: 84.63

During the past 7 years, Otis Worldwide's highest Days Sales Outstanding was 85.04. The lowest was 73.62. And the median was 81.29.

BSP:O1TI34's Days Sales Outstanding is ranked worse than
55.02% of 2957 companies
in the Industrial Products industry
Industry Median: 78.91 vs BSP:O1TI34: 84.63

Otis Worldwide's Days Sales Outstanding increased from Dec. 2022 (82.41) to Dec. 2023 (84.58).

Otis Worldwide Days Sales Outstanding Historical Data

The historical data trend for Otis Worldwide's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Otis Worldwide Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

75.25

76.34

74.47

87.90

87.97

Otis Worldwide Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																82.41	88.04	83.28	85.35	84.58

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Otis Worldwide's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Otis Worldwide Days Sales Outstanding Distribution

For the Industrial Products industry and Industrials sector, Otis Worldwide's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Otis Worldwide's Days Sales Outstanding falls into.

Otis Worldwide Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Otis Worldwide's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (16947.887	+	16610.322)	/	2 )	/	69621.258	*	365
=	16779.1045					/	69621.258	*	365
=	87.97

Otis Worldwide's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (16273.017	+	16610.322)	/	2 )	/	17737.276	*	365 / 4
=	16441.6695					/	17737.276	*	365 / 4
=	84.58

Otis Worldwide (BSP:O1TI34) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Otis Worldwide Days Sales Outstanding Related Terms

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Otis Worldwide (BSP:O1TI34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Otis Worldwide Corp (BSP:O1TI34) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

OTIS:USA OTIS:Mexico 4PG:Germany 4PG:Germany

Address

One Carrier Place, Farmington, CT, USA, 06032

Website

https://www.otis.com

Otis is the largest global elevator and escalator supplier by revenue with around 18% global market share. In 1854 Otis' founder and namesake Elisha Graves Otis, invented a safety mechanism that prevented elevators from falling if the hoisting cable failed. The company's product and service lifecycle begins with installations of elevator units in new buildings, later selling maintenance services on the units, and eventually replacement of the units after the average 15- to 20-year useful life of an elevator. As the largest global OEM, Otis has amassed an installed base under service that exceeds 2 million elevators. Its business model is similar to that of its closest competitors Kone, Schindler, and TK Elevator.

Otis Worldwide (BSP:O1TI34) Headlines

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