Trane Average Receivables from 2010 to 2024

TT Stock  USD 413.32  4.17  1.00%   
Trane Technologies Average Receivables yearly trend continues to be comparatively stable with very little volatility. Average Receivables will likely drop to about 2.5 B in 2024. From the period from 2010 to 2024, Trane Technologies Average Receivables quarterly data regression had r-value of  0.53 and coefficient of variation of  4.53. View All Fundamentals
 
Average Receivables  
First Reported
2010-12-31
Previous Quarter
2.6 B
Current Value
2.5 B
Quarterly Volatility
103.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Trane Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Trane Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 272.8 M, Total Revenue of 10.6 B or Gross Profit of 3.1 B, as well as many indicators such as Price To Sales Ratio of 3.29, Dividend Yield of 0.0242 or PTB Ratio of 8.32. Trane financial statements analysis is a perfect complement when working with Trane Technologies Valuation or Volatility modules.
  
Check out the analysis of Trane Technologies Correlation against competitors.

Latest Trane Technologies' Average Receivables Growth Pattern

Below is the plot of the Average Receivables of Trane Technologies plc over the last few years. It is Trane Technologies' Average Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Trane Technologies' overall financial position and show how it may be relating to other accounts over time.
Average Receivables10 Years Trend
Slightly volatile
   Average Receivables   
       Timeline  

Trane Average Receivables Regression Statistics

Arithmetic Mean2,273,758,833
Geometric Mean2,271,709,660
Coefficient Of Variation4.53
Mean Deviation66,494,133
Median2,232,200,000
Standard Deviation103,058,546
Sample Variance10621.1T
Range334.8M
R-Value0.53
Mean Square Error8189.4T
R-Squared0.28
Significance0.04
Slope12,281,241
Total Sum of Squares148694.9T

Trane Average Receivables History

20242.5 B
20232.6 B
20112.2 B
20102.3 B

About Trane Technologies Financial Statements

Trane Technologies shareholders use historical fundamental indicators, such as Average Receivables, to determine how well the company is positioned to perform in the future. Although Trane Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in Trane Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on Trane Technologies' 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
Average Receivables2.6 B2.5 B

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Additional Tools for Trane Stock Analysis

When running Trane Technologies' price analysis, check to measure Trane Technologies' 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 Trane Technologies is operating at the current time. Most of Trane Technologies' value examination focuses on studying past and present price action to predict the probability of Trane Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trane Technologies' price. Additionally, you may evaluate how the addition of Trane Technologies to your portfolios can decrease your overall portfolio volatility.