According to Titan Machinery’s Aug. 25 second quarter fiscal year 2023 earnings report, the company had $556.4 million in inventory as of July 31, its third quarter in a row of inventory increases. This included increases in new equipment inventory of $129.9 million and parts inventory of $13.2 million, as well as a $9.3 million decrease in used equipment inventory. This is Titan Machinery’s highest reported net inventory since its second quarter fiscal year 2021…