Current Assets

Accounts Receivable

Trane Technologies Accounts Receivable increased by 16.5% to $3.77B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.4%, from $3.16B to $3.77B. Over 5 years (FY 2020 to FY 2025), Accounts Receivable shows an upward trend with a 8.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Rapid growth relative to sales may indicate collection issues or aggressive revenue recognition; stability suggests efficient cash conversion.

Detailed definition

This represents the total amount owed to the company by customers for goods or services delivered, minus the allowance f...

Peer comparison

Standard metric for all companies with B2B or credit-based sales models.

Metric ID: accounts_receivable_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.53B$2.43B$2.43B$2.43B$2.76B$2.87B$2.78B$2.61B$3.20B$3.14B$2.96B$2.94B$3.43B$3.39B$3.09B$3.16B$3.61B$3.60B$3.24B$3.77B
QoQ Change-3.9%-0.1%+0.0%+13.5%+4.0%-3.0%-6.3%+22.8%-1.8%-5.9%-0.6%+16.8%-1.2%-8.9%+2.2%+14.2%-0.1%-10.2%+16.5%
YoY Change+8.9%+17.9%+14.4%+7.3%+16.0%+9.6%+6.4%+12.8%+7.3%+8.0%+4.5%+7.4%+5.1%+6.2%+4.7%+19.4%
Range$2.43B$3.77B
CAGR+8.7%
Avg YoY Growth+9.7%
Median YoY Growth+7.7%

Frequently Asked Questions

What is Trane Technologies's accounts receivable?
Trane Technologies (TT) reported accounts receivable of $3.77B in Q1 2026.
How has Trane Technologies's accounts receivable changed year-over-year?
Trane Technologies's accounts receivable increased by 19.4% year-over-year, from $3.16B to $3.77B.
What is the long-term trend for Trane Technologies's accounts receivable?
Over 5 years (2020 to 2025), Trane Technologies's accounts receivable has grown at a 8.0% compound annual growth rate (CAGR), from $2.20B to $3.24B.
What does accounts receivable mean?
The net amount of money owed by customers after accounting for potential non-payments.