What is Trane Technologies's supplier finance program obligations?

Trane Technologies (TT) reported supplier finance program obligations of $256.30 in Q1 2026.

How has Trane Technologies's supplier finance program obligations changed year-over-year?

Trane Technologies's supplier finance program obligations decreased by 5.3% year-over-year, from $270.60 to $256.30.

What is the long-term trend for Trane Technologies's supplier finance program obligations?

Over 3 years (2022 to 2025), Trane Technologies's supplier finance program obligations has grown at a -98.7% compound annual growth rate (CAGR), from $110.60M to $244.90.

What does supplier finance program obligations mean?

The amount of money owed to banks for invoices that suppliers have sold to those banks to get paid early.

Current Liabilities

Supplier Finance Program Obligations

Trane Technologies Supplier Finance Program Obligations increased by 4.7% to $256.30 in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.3%, from $270.60 to $256.30. Over 3 years (FY 2022 to FY 2025), Supplier Finance Program Obligations shows a downward trend with a -98.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionCurrent Liabilities

CategoryLiquidity

SignalLower is better

VolatilityModerate

First reportedQ4 2022

Last reportedQ1 2026Apr 30, 2026

How to read this metric

An increase suggests the company is relying more on third-party financing to manage cash flow and extend payment cycles, which may mask underlying cash conversion efficiency. A decrease indicates a reduction in reliance on external financing for working capital management.

Detailed definition

This metric represents the outstanding balance of trade payables that have been sold by suppliers to financial instituti...

Peer comparison

Peer companies in aerospace and manufacturing often disclose these obligations in footnotes; higher levels relative to total payables may indicate aggressive working capital management strategies compared to industry benchmarks.

Metric ID: supplier_finance_obligations

Historical Data

12 periods

	Q4 '22	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$110.60M	$144.10M	$246.00	$239.40M	$264.90M	$281.40M	$272.80	$270.60	$329.80	$317.30	$244.90	$256.30
QoQ Change	—	+30.3%	-100.0%	>999%	+10.7%	+6.2%	-100.0%	-0.8%	+21.9%	-3.8%	-22.8%	+4.7%
YoY Change	—	—	-100.0%	—	—	+95.3%	+10.9%	-100.0%	-100.0%	-100.0%	-10.2%	-5.3%

Range$244.90 – $281.40M

CAGR-99.1%

Avg YoY Growth-38.7%

Median YoY Growth-55.1%

Supplier Finance Program Obligations at Other Companies

Ferguson EnterprisesFERG View metric

DoverDOV View metric

Honeywell InternationalHON View metric

Frequently Asked Questions

What is Trane Technologies's supplier finance program obligations?: Trane Technologies (TT) reported supplier finance program obligations of $256.30 in Q1 2026.
How has Trane Technologies's supplier finance program obligations changed year-over-year?: Trane Technologies's supplier finance program obligations decreased by 5.3% year-over-year, from $270.60 to $256.30.
What is the long-term trend for Trane Technologies's supplier finance program obligations?: Over 3 years (2022 to 2025), Trane Technologies's supplier finance program obligations has grown at a -98.7% compound annual growth rate (CAGR), from $110.60M to $244.90.
What does supplier finance program obligations mean?: The amount of money owed to banks for invoices that suppliers have sold to those banks to get paid early.