TriNet Accounts Payable from 2010 to 2024

TNET Stock  USD 94.24  1.32  1.42%   
TriNet Accounts Payable yearly trend continues to be comparatively stable with very little volatility. Accounts Payable will likely drop to about 46 M in 2024. Accounts Payable is the amount TriNet Group owes to suppliers or vendors for products or services received but not yet paid for. It represents TriNet's short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
2011-12-31
Previous Quarter
85 M
Current Value
82 M
Quarterly Volatility
204 M
 
Yuan Drop
 
Covid
Check TriNet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TriNet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 65.9 M, Interest Expense of 28.2 M or Selling General Administrative of 127.8 M, as well as many indicators such as Price To Sales Ratio of 0.81, Dividend Yield of 0.26 or PTB Ratio of 91.26. TriNet financial statements analysis is a perfect complement when working with TriNet Valuation or Volatility modules.
  
Check out the analysis of TriNet Correlation against competitors.

Latest TriNet's Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of TriNet Group over the last few years. An accounting item on the balance sheet that represents TriNet obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of TriNet Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. TriNet's Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TriNet's overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

TriNet Accounts Payable Regression Statistics

Arithmetic Mean37,255,041
Geometric Mean23,631,977
Coefficient Of Variation85.91
Mean Deviation26,167,643
Median31,000,000
Standard Deviation32,007,013
Sample Variance1024.4T
Range92.8M
R-Value0.86
Mean Square Error284.5T
R-Squared0.74
Significance0.000037
Slope6,165,608
Total Sum of Squares14342.3T

TriNet Accounts Payable History

202446 M
202387 M
202298 M
202186 M
202050 M
201931 M

About TriNet Financial Statements

TriNet shareholders use historical fundamental indicators, such as Accounts Payable, to determine how well the company is positioned to perform in the future. Although TriNet investors may analyze each financial statement separately, they are all interrelated. The changes in TriNet's assets and liabilities, for example, are also reflected in the revenues and expenses on on TriNet's 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
Accounts Payable87 M46 M

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Additional Tools for TriNet Stock Analysis

When running TriNet's price analysis, check to measure TriNet's 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 TriNet is operating at the current time. Most of TriNet's value examination focuses on studying past and present price action to predict the probability of TriNet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TriNet's price. Additionally, you may evaluate how the addition of TriNet to your portfolios can decrease your overall portfolio volatility.