Trane Technologies (Trane Technologies) Days Sales Outstanding

: 62.90 (As of Dec. 2023)

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Trane Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was $3,050 Mil. Trane Technologies's Revenue for the three months ended in Dec. 2023 was $4,424 Mil. Hence, Trane Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 62.90.

The historical rank and industry rank for Trane Technologies's Days Sales Outstanding or its related term are showing as below:

TT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.58 Med: 59.62 Max: 76.24
Current: 60.64

During the past 13 years, Trane Technologies's highest Days Sales Outstanding was 76.24. The lowest was 58.58. And the median was 59.62.

TT's Days Sales Outstanding is ranked better than
61.21% of 1642 companies
in the Construction industry
Industry Median: 72.305 vs TT: 60.64

Trane Technologies's Days Sales Outstanding declined from Dec. 2022 (63.25) to Dec. 2023 (62.90).

Trane Technologies Days Sales Outstanding Historical Data

The historical data trend for Trane Technologies's Days Sales Outstanding 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.

* Premium members only.

Trane Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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67.88

64.28

59.79

59.45

59.23

Trane Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															63.25	67.04	56.30	59.26	62.90

Competitive Comparison

For the Building Products & Equipment subindustry, Trane Technologies's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Trane Technologies Days Sales Outstanding Distribution

For the Construction industry and Industrials sector, Trane Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Trane Technologies's Days Sales Outstanding falls into.

Trane Technologies Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Trane Technologies's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2780.1	+	2956.8)	/	2 )	/	17677.6	*	365
=	2868.45					/	17677.6	*	365
=	59.23

Trane Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3142.5	+	2956.8)	/	2 )	/	4424.1	*	365 / 4
=	3049.65					/	4424.1	*	365 / 4
=	62.90

Trane Technologies (NYSE:TT) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Trane Technologies Days Sales Outstanding Related Terms

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Trane Technologies (Trane Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Trane Technologies PLC (NYSE:TT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TT:Mexico 0Y2S:UK 2IS:Germany 2IS:Germany I1RP34:Brazil

Address

170/175 Lakeview Drive, Airside Business Park, Swords County, Dublin, IRL

Website

https://www.tranetechnologies.com

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.

Executives

Mark Majocha	officer: VP & Chief Accounting Officer	C/O TRANE TECHNOLOGIES COMPANY LLC, 800-E BEATY STREET, DAVIDSON NC 28036
David S Regnery	director, officer: Chair and CEO	C/O INTERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Raymond D Pittard	officer: Executive Vice President	800-E BEATY STREET, DAVIDSON NC 28036
Keith A Sultana	officer: Senior Vice President	C/O INGERSOLL RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Mairead Magner	officer: Senior Vice President	800-E BEATY STREET, DAVIDSON NC 28036
De Jesus Assis Ana Paula	director	C/O TRANE TECHNOLOGIES COMPANY LLC, 800-E BEATY STREET, DAVIDSON NC 28036
Evan M Turtz	officer: Senior Vice President	C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Linda P Hudson	director
Paul A Camuti	officer: Senior Vice President	800-E BEATY STREET, DAVIDSON NC 28036
Christopher J Kuehn	officer: Vice President & Controller	800-E BEATY STREET, DAVIDSON NC 28036
John A Hayes	director	C/O BALL CORP, 10 LONGS PEAK DR, BROOMFIELD CO 80021-2510
Melissa N. Schaeffer	director	1940 AIR PRODUCTS BLVD., ALLENTOWN PA 18106
Mark R George	director	650 W PEACHTREE ST NW, ATLANTA GA 30308
Marcia J Avedon	officer: Senior Vice President	C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Michael W Lamach	director, officer: President and CEO	C/O INGERSOLL-RAND CO, 800-E BEATY STREET, DAVIDSON NC 28036