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Trinet Group's other current assets for the quarter that ended in Dec. 2024 was $2,439 Mil.
Trinet Group's quarterly other current assets declined from Jun. 2024 ($1,817 Mil) to Sep. 2024 ($1,778 Mil) but then increased from Sep. 2024 ($1,778 Mil) to Dec. 2024 ($2,439Mil).
Trinet Group's annual other current assets increased from Dec. 2022 ($1,502 Mil) to Dec. 2023 ($1,761 Mil) increased from Dec. 2023 ($1,761 Mil) to Dec. 2024 ($2,439 Mil).
The historical data trend for Trinet Group's Other Current Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Trinet Group Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Other Current Assets | Get a 7-Day Free Trial |
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1,538.00 | 1,353.00 | 1,502.00 | 1,761.00 | 2,439.00 |
Trinet Group Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Other Current Assets | Get a 7-Day Free Trial |
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1,761.00 | 1,979.00 | 1,817.00 | 1,778.00 | 2,439.00 |
Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:
The assets grouped under other current assets are most commonly:
Some companies can and do choose to report each of these items separately.
Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.
Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.
Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.
Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.
There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.
At most companies, other current assets are a small and unimportant part of the total balance sheet.
Thank you for viewing the detailed overview of Trinet Group's Other Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Paul Edward Chamberlain | director | C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588 |
Kelly L Tuminelli | officer: EVP & CHIEF FINANCIAL OFFICER | TRINET GROUP, INC., ONE PARK PLACE, STE 600, DUBLIN CA 94568 |
Samantha Wellington | officer: SVP, CLO & SECRETARY | ONE PARK PLACE, SUITE 600, DUBLIN CA 94568 |
Alexander G. Warren | officer: SVP, CHIEF REVENUE OFFICER | ONE PARK PLACE, SUITE 600, DUBLIN CA 94568 |
Burton M. Goldfield | director, officer: PRESIDENT, CEO and DIRECTOR | ONE PARK PLACE, SUITE 600, DUBLIN CA 94568 |
Wayne B Lowell | director | 3061 ZANKER ROAD, SAN JOSE CA 95134 |
Ralph A. Clark | director | C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560 |
L.p. Agi-t, | director, 10 percent owner | 40 MORRIS AVENUE, BRYN MAWR PA 19010 |
Jonathan D. Lee | officer: PRINCIPAL ACCOUNTING OFFICER | ONE PARK PLACE, SUITE 600, DUBLIN CA 94568 |
Jayaraman Venkataramani | officer: CHIEF DIGITAL & INNOV OFFICER | ONE PARK PLACE, SUITE 600, DUBLIN CA 94568 |
H Raymond Bingham | director | 2655 SEELY AVE, SAN JOSE CA 95134 |
Martin Babinec | director | TRINET GROUP INC., ONE PARK PLACE., STE. 600, DUBLIN CA 94568 |
Olivier Kohler | officer: SVP, CHIEF OPERATING OFFICER | ONE PARK PLACE, SUITE 600, DUBLIN CA 94568 |
Myrna Soto | director | ONE ENERGY PLAZA, JACKSON MI 49201 |
Katherine August-dewilde | director | ONE PARK PLACE, SUITE 600, DUBLIN CA 94568 |
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