Trinet (TNET) Payables (2013 - 2019)
Trinet (TNET) posted Payables of $44.0 million for Q4 2019, down 34.33% on a QoQ basis from $67.0 million in Q2 2019, and down 21.43% year-over-year from $56.0 million in Q4 2018.
Analysis
Trinet (TNET) Payables (2013 - 2019) Analysis & Trends
Trinet has reported Payables for 7 years, with the latest figure at $44.0 million in Q4 2019.
- On a quarterly basis, Payables fell 21.43% year-over-year to $44.0 million in Q4 2019; TTM through Dec 2019 was $44.0 million, a 21.43% decrease from a year earlier, with the FY2019 full-year figure at $44.0 million, down 21.43% from the prior year.
- Payables was $44.0 million for Q4 2019 at Trinet, 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.
- Average Payables over 5 years is $39.8 million, with a median of $29.0 million recorded in 2017.
- The sharpest annual moves came in 2016 and 2019: Payables surged 364.97% in 2016, then plunged 57.3% in 2019.
- Over 5 years, Payables stood at $12.9 million in 2015, then soared by 364.97% to $60.0 million in 2016, then jumped by 53.33% to $92.0 million in 2017, then sank by 39.13% to $56.0 million in 2018, then declined by 21.43% to $44.0 million in 2019.
- The last three Payables figures came in at $44.0 million (Q4 2019), $67.0 million (Q2 2019), and $38.0 million (Q1 2019), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Robert Half | 3.86 Bn | 3.54 Bn | 474.03 Mn | 171.73 Mn |
| 2 | Trinet | 3.06 Bn | 1.18 Bn | - | - |
| 3 | ManpowerGroup | 2.67 Bn | 2.49 Bn | 780.30 Mn | 2.59 Bn |
| 4 | Insperity | 1.91 Bn | 1.29 Bn | 217.00 Mn | 10.00 Mn |
| 5 | Amn Healthcare Services | 1.34 Bn | 1.31 Bn | 205.88 Mn | 193.21 Mn |
| 6 | Kforce | 861.70 Mn | 861.37 Mn | 99.45 Mn | 62.86 Mn |
| 7 | Barrett Business Services | 790.34 Mn | 690.95 Mn | 64.85 Mn | 7.00 Mn |
| 8 | Quhuo | 561.27 Mn | 554.90 Mn | 1.19 Mn | 22.79 Mn |
| 9 | Kelly Services | 552.42 Mn | 528.22 Mn | 212.00 Mn | 661.60 Mn |
| 10 | Cross Country Healthcare | 428.41 Mn | 322.82 Mn | 47.59 Mn | - |
Historic Data
Download Data
Historic 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 |