Otis Change To Inventory from 2010 to 2024

OTIS Stock  USD 102.52  0.55  0.54%   
Otis Worldwide Change To Inventory yearly trend continues to be comparatively stable with very little volatility. Change To Inventory is likely to outpace its year average in 2024. Change To Inventory is the increase or decrease in the amount of inventory Otis Worldwide Corp has over a certain period. View All Fundamentals
 
Change To Inventory  
First Reported
2019-03-31
Previous Quarter
-19 M
Current Value
-4 M
Quarterly Volatility
24.3 M
 
Covid
Check Otis Worldwide financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Otis Worldwide's main balance sheet or income statement drivers, such as Tax Provision of 511.7 M, Interest Income of 78.9 M or Depreciation And Amortization of 161.3 M, as well as many indicators such as Price To Sales Ratio of 1.66, Dividend Yield of 0.0097 or Days Sales Outstanding of 77.86. Otis financial statements analysis is a perfect complement when working with Otis Worldwide Valuation or Volatility modules.
  
Check out the analysis of Otis Worldwide Correlation against competitors.

Latest Otis Worldwide's Change To Inventory Growth Pattern

Below is the plot of the Change To Inventory of Otis Worldwide Corp over the last few years. It is the increase or decrease in the amount of inventory a company has over a certain period. Otis Worldwide's Change To Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Otis Worldwide's overall financial position and show how it may be relating to other accounts over time.
Change To Inventory10 Years Trend
Slightly volatile
   Change To Inventory   
       Timeline  

Otis Change To Inventory Regression Statistics

Arithmetic Mean(58,950,000)
Geometric Mean59,988,327
Coefficient Of Variation(108.97)
Mean Deviation56,466,667
Median(109,000,000)
Standard Deviation64,235,907
Sample Variance4126.3T
Range169M
R-Value0.72
Mean Square Error2134.4T
R-Squared0.52
Significance0
Slope10,354,464
Total Sum of Squares57767.5T

Otis Change To Inventory History

202415.8 M
202315 M
2022-65 M
202114 M
2020-76 M
201960 M
201824 M

About Otis Worldwide Financial Statements

Otis Worldwide shareholders use historical fundamental indicators, such as Change To Inventory, to determine how well the company is positioned to perform in the future. Although Otis Worldwide investors may analyze each financial statement separately, they are all interrelated. The changes in Otis Worldwide's assets and liabilities, for example, are also reflected in the revenues and expenses on on Otis Worldwide's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Change To Inventory15 M15.8 M

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Additional Tools for Otis Stock Analysis

When running Otis Worldwide's price analysis, check to measure Otis Worldwide's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Otis Worldwide is operating at the current time. Most of Otis Worldwide's value examination focuses on studying past and present price action to predict the probability of Otis Worldwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Otis Worldwide's price. Additionally, you may evaluate how the addition of Otis Worldwide to your portfolios can decrease your overall portfolio volatility.