TriNet Receivables Turnover from 2010 to 2024

TNET Stock  USD 92.93  1.13  1.20%   
TriNet Receivables Turnover yearly trend continues to be comparatively stable with very little volatility. Receivables Turnover will likely drop to 9.85 in 2024. From the period from 2010 to 2024, TriNet Receivables Turnover quarterly data regression had r-value of  0.43 and coefficient of variation of  14.16. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
10.58494624
Current Value
9.85
Quarterly Volatility
1.58711965
 
Credit Downgrade
 
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 Receivables Turnover Growth Pattern

Below is the plot of the Receivables Turnover of TriNet Group over the last few years. It is TriNet's Receivables Turnover 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.
Receivables Turnover10 Years Trend
Slightly volatile
   Receivables Turnover   
       Timeline  

TriNet Receivables Turnover Regression Statistics

Arithmetic Mean11.21
Geometric Mean11.12
Coefficient Of Variation14.16
Mean Deviation1.25
Median10.30
Standard Deviation1.59
Sample Variance2.52
Range5.4303
R-Value0.43
Mean Square Error2.21
R-Squared0.19
Significance0.11
Slope0.15
Total Sum of Squares35.27

TriNet Receivables Turnover History

2024 9.85
2023 10.58
2022 12.4
2021 13.39
2020 15.28
2019 13.12
2018 11.12

About TriNet Financial Statements

TriNet shareholders use historical fundamental indicators, such as Receivables Turnover, 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
Receivables Turnover 10.58  9.85 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.