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Otis Worldwide (WBO:OTIS) Inventories, Raw Materials & Components : €136 Mil (As of Mar. 2024)


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What is Otis Worldwide Inventories, Raw Materials & Components?

Otis Worldwide's inventories, raw materials & components for the quarter that ended in Mar. 2024 was €136 Mil.

Otis Worldwide's quarterly raw materials declined from Sep. 2023 (€152 Mil) to Dec. 2023 (€141 Mil) and declined from Dec. 2023 (€141 Mil) to Mar. 2024 (€136 Mil).

Otis Worldwide's annual raw materials increased from Dec. 2021 (€124 Mil) to Dec. 2022 (€157 Mil) but then declined from Dec. 2022 (€157 Mil) to Dec. 2023 (€141 Mil).

Otis Worldwide Inventories, Raw Materials & Components Historical Data

The historical data trend for Otis Worldwide's Inventories, Raw Materials & Components 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 Inventories, Raw Materials & Components Chart

Otis Worldwide Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventories, Raw Materials & Components
Get a 7-Day Free Trial 92.70 92.89 123.90 156.70 141.22

Otis Worldwide Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventories, Raw Materials & Components 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 168.12 155.06 151.79 141.22 136.16

Otis Worldwide Inventories, Raw Materials & Components Calculation

Materials and components scheduled for use in making a product.

Otis Worldwide (WBO:OTIS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Otis Worldwide Corp (WBO:OTIS) » Definitions » Inventories, Raw Materials & Components
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Traded in Other Exchanges
OTIS:USA OTIS:Mexico 4PG:Germany O1TI34:Brazil
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.