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Otis Worldwide (BSP:O1TI34) Machinery, Furniture, Equipment : R$6,223 Mil (As of Dec. 2023)


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What is Otis Worldwide Machinery, Furniture, Equipment?

Otis Worldwide's Machinery, Furniture, Equipment for the quarter that ended in Dec. 2023 was R$6,223 Mil.

Otis Worldwide's quarterly Machinery, Furniture, Equipment stayed the same from Jun. 2023 (R$0 Mil) to Sep. 2023 (R$0 Mil) but then increased from Sep. 2023 (R$0 Mil) to Dec. 2023 (R$6,223 Mil).

Otis Worldwide's annual Machinery, Furniture, Equipment declined from Dec. 2021 (R$6,594 Mil) to Dec. 2022 (R$6,273 Mil) and declined from Dec. 2022 (R$6,273 Mil) to Dec. 2023 (R$6,223 Mil).


Otis Worldwide Machinery, Furniture, Equipment Historical Data

The historical data trend for Otis Worldwide's Machinery, Furniture, Equipment 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.

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Otis Worldwide Machinery, Furniture, Equipment Chart

Otis Worldwide Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Machinery, Furniture, Equipment
Get a 7-Day Free Trial 4,280.99 6,045.02 6,593.61 6,273.50 6,222.75

Otis Worldwide Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Machinery, Furniture, Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,273.50 - - - 6,222.75

Otis Worldwide Machinery, Furniture, Equipment Calculation

Machinery, Furniture, Equipment represents those fixed assets specifically dealing with tools, equipment and office furniture.


Otis Worldwide (BSP:O1TI34) Business Description

Traded in Other Exchanges
Address
One Carrier Place, Farmington, CT, USA, 06032
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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