I saw that it could be used as lotion for small areas of dry skin like elbows or something but not full arms and legs.
Lotion is made to absorb into skin (that's why it's a liquidy substance), compared to chapstick thats made to lock in moisture on your lips (that's why it's a waxy stick). if you were to rub a bar of chapstick all over your arms and legs it wouldnt absorb nicely, and would leave your skin with a sticky waxy feeling.