Trane Technologies (BSP:I1RP34) Accounts Payable & Accrued Expense : R$23,739 Mil (As of Mar. 2024)

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What is Trane Technologies Accounts Payable & Accrued Expense?

Trane Technologies's quarterly accounts payable & accrued expense increased from Sep. 2023 (R$21,490 Mil) to Dec. 2023 (R$22,833 Mil) and increased from Dec. 2023 (R$22,833 Mil) to Mar. 2024 (R$23,739 Mil).

Trane Technologies's annual accounts payable & accrued expense declined from Dec. 2021 (R$21,812 Mil) to Dec. 2022 (R$21,494 Mil) but then increased from Dec. 2022 (R$21,494 Mil) to Dec. 2023 (R$22,833 Mil).

Trane Technologies Accounts Payable & Accrued Expense Historical Data

The historical data trend for Trane Technologies's Accounts Payable & Accrued Expense 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 Accounts Payable & Accrued Expense Chart

Trane Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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12,089.81

16,011.34

21,812.08

21,493.55

22,832.58

Trane Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															21,502.14	22,420.21	21,489.77	22,832.58	23,739.21

Trane Technologies Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Trane Technologies (BSP:I1RP34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Trane Technologies PLC (BSP:I1RP34) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

TT:USA TT:Mexico 0Y2S:UK 2IS:Germany

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.

Trane Technologies (BSP:I1RP34) Headlines

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