Trane Technologies (FRA:2IS) Change In Receivables : €0 Mil (TTM As of Mar. 2024)

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What is Trane Technologies Change In Receivables?

Trane Technologies's change in receivables for the quarter that ended in Mar. 2024 was €0 Mil. It means Trane Technologies's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Trane Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was €-101 Mil. It means Trane Technologies's Accounts Receivable increased by €101 Mil from Dec. 2022 to Dec. 2023 .

Trane Technologies's Accounts Receivable for the quarter that ended in Mar. 2024 was €2,705 Mil.

Days Sales Outstanding measures of 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. Trane Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Trane Technologies's liquidation value for the three months ended in Mar. 2024 was €-7,530 Mil.

Trane Technologies Change In Receivables Historical Data

The historical data trend for Trane Technologies's Change In Receivables 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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Trane Technologies Change In Receivables Chart

Trane Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-70.02

4.85

-234.88

-326.06

-100.96

Trane Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Trane Technologies Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

Trane Technologies (FRA:2IS) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.

Trane Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2704.616	/	3878.26	*	91
=	63.64

2. In Ben Graham's calculation of liquidation value, Trane Technologies's accounts receivable are only considered to be worth 75% of book value:

Trane Technologies's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	781.908	-	11435.968	+	0.75 * 2704.616	+	0.5 * 2192.084
=	-7,530

Trane Technologies Change In Receivables Related Terms

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Trane Technologies (FRA:2IS) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Trane Technologies PLC (FRA:2IS) » Definitions » Change In Receivables

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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.

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