Trinet (TNET) Payables (2013 - 2019)
Trinet (TNET) posted quarterly Payables of $44.0 million for Q4 2019, down 21.43% year-over-year from $56.0 million in Q4 2018, and down 34.33% quarter-over-quarter from $67.0 million in Q2 2019.
Trinet (TNET) Payables (2013 - 2019) Analysis & Trends
Trinet's Payables history runs 7 years deep, the most recent figure standing at $44.0 million for Q4 2019.
- In Q4 2019, Payables fell 21.43% year-over-year to $44.0 million; the TTM figure through Dec 2019 stood at $44.0 million (down 21.43% YoY), while the FY2019 annual figure was $44.0 million, down 21.43% from the prior year.
- Payables for Q4 2019 stood at $44.0 million, down from $67.0 million in the prior quarter.
- The five-year high for Payables was $92.0 million in Q4 2017, with the low at $11.2 million in Q1 2015.
- The 5-year median for Payables is $29.0 million (2017), against an average of $39.8 million.
- The sharpest annual moves came in 2016 and 2019: Payables soared 364.97% in 2016, then plunged 57.3% in 2019.
- Trinet's Payables stood at $12.9 million in 2015, then jumped by 364.97% to $60.0 million in 2016, then surged by 53.33% to $92.0 million in 2017, then sank by 39.13% to $56.0 million in 2018, then slipped by 21.43% to $44.0 million in 2019.
- Business Quant data shows TNET's Payables at $44.0 million in Q4 2019, $67.0 million in Q2 2019, and $38.0 million in Q1 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 4.38 Bn | 4.06 Bn | 474.03 Mn | 171.73 Mn |
| 2 | Korn Ferry | 4.35 Bn | 3.22 Bn | 685.99 Mn | 49.68 Mn |
| 3 | Trinet | 3.16 Bn | 1.29 Bn | - | - |
| 4 | ManpowerGroup | 2.84 Bn | 2.66 Bn | 780.30 Mn | 2.59 Bn |
| 5 | Insperity | 1.98 Bn | 1.36 Bn | 217.00 Mn | 10.00 Mn |
| 6 | Kforce | 972.09 Mn | 971.76 Mn | 99.45 Mn | 62.86 Mn |
| 7 | Barrett Business Services | 807.62 Mn | 708.23 Mn | 64.85 Mn | 7.00 Mn |
| 8 | Kelly Services | 579.49 Mn | 555.29 Mn | 212.00 Mn | 661.60 Mn |
| 9 | TrueBlue | 320.26 Mn | 297.01 Mn | 91.58 Mn | 31.69 Mn |
| 10 | HireQuest | 232.43 Mn | 230.79 Mn | - | 2.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2019 | 44.00 Mn |
| Jun 30, 2019 | 67.00 Mn |
| Mar 31, 2019 | 38.00 Mn |
| Dec 31, 2018 | 56.00 Mn |
| Sep 30, 2018 | 65.00 Mn |
| Jun 30, 2018 | 60.00 Mn |
| Mar 31, 2018 | 89.00 Mn |
| Dec 31, 2017 | 92.00 Mn |
| Sep 30, 2017 | 29.00 Mn |
| Jun 30, 2017 | 26.60 Mn |
| Mar 31, 2017 | 22.60 Mn |
| Dec 31, 2016 | 60.00 Mn |
| Sep 30, 2016 | 18.46 Mn |
| Jun 30, 2016 | 16.63 Mn |
| Mar 31, 2016 | 20.11 Mn |
| Dec 31, 2015 | 12.90 Mn |
| Sep 30, 2015 | 14.86 Mn |
| Jun 30, 2015 | 12.35 Mn |
| Mar 31, 2015 | 11.18 Mn |
| Dec 31, 2014 | 12.27 Mn |