Trane Days Of Inventory Outstanding from 2010 to 2024

TT Stock  USD 373.53  4.51  1.19%   
Trane Technologies Days Of Inventory Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory Outstanding is likely to outpace its year average in 2024. From the period from 2010 to 2024, Trane Technologies Days Of Inventory Outstanding quarterly data regression had r-value of (0.11) and coefficient of variation of  33.73. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
66.45430781
Current Value
76.53
Quarterly Volatility
20.77954447
 
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 272.7 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' Days Of Inventory Outstanding Growth Pattern

Below is the plot of the Days Of Inventory Outstanding of Trane Technologies plc over the last few years. It is Trane Technologies' Days Of Inventory Outstanding 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.
Days Of Inventory Outstanding10 Years Trend
Pretty Stable
   Days Of Inventory Outstanding   
       Timeline  

Trane Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean61.61
Geometric Mean59.39
Coefficient Of Variation33.73
Mean Deviation12.46
Median55.36
Standard Deviation20.78
Sample Variance431.79
Range86.3175
R-Value(0.11)
Mean Square Error459.32
R-Squared0.01
Significance0.69
Slope(0.51)
Total Sum of Squares6,045

Trane Days Of Inventory Outstanding History

2024 76.53
2023 66.45
2022 66.0
2021 57.8
2020 50.17
2019 54.57
2018 56.45

About Trane Technologies Financial Statements

Trane Technologies shareholders use historical fundamental indicators, such as Days Of Inventory Outstanding, 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
Days Of Inventory Outstanding 66.45  76.53 

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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.