Trane Technologies's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Trane Technologies's inventory
stayed the same
from Sep. 2023 to Dec. 2023 .
Trane Technologies's change in inventory for the fiscal year that ended in Dec. 2023 was $-96 Mil. It means Trane Technologies's inventory
increased by $96 Mil
from Dec. 2022 to Dec. 2023 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Trane Technologies's Days Inventory for the quarter that ended in Dec. 2023 was 67.12.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Trane Technologies's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.36.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Trane Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.
Trane Technologies Change In Inventory Historical Data
The historical data trend for Trane Technologies's Change In Inventory 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.
Trane Technologies Change In Inventory Calculation
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.
* 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.
Trane Technologies (NYSE:TT) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Trane Technologies's Days Inventory for the quarter that ended in is calculated as:
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Trane Technologies's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
* 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.
Trane Technologies Change In Inventory Related Terms
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Trane Technologies (Trane Technologies) Business Description
Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The $16 billion company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for over 70% of its revenue.
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