Trinet Group (Trinet Group) Other Operating Expense : $72 Mil (TTM As of Mar. 2024)

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What is Trinet Group Other Operating Expense?

Trinet Group's Other Operating Expense for the three months ended in Mar. 2024 was $18 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was $72 Mil.

Trinet Group's quarterly Other Operating Expense increased from Sep. 2023 ($17 Mil) to Dec. 2023 ($19 Mil) but then declined from Dec. 2023 ($19 Mil) to Mar. 2024 ($18 Mil).

Trinet Group's annual Other Operating Expense increased from Dec. 2021 ($54 Mil) to Dec. 2022 ($64 Mil) and increased from Dec. 2022 ($64 Mil) to Dec. 2023 ($72 Mil).

Trinet Group Other Operating Expense Historical Data

The historical data trend for Trinet Group's Other Operating Expense 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.

* Premium members only.

Trinet Group Other Operating Expense Chart

Trinet Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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46.00

47.00

54.00

64.00

72.00

Trinet Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															18.00	18.00	17.00	19.00	18.00

Trinet Group Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $72 Mil.

Trinet Group Other Operating Expense Related Terms

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Trinet Group (Trinet Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Trinet Group Inc (NYSE:TNET) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

TN3:Germany TN3:Germany

Address

One Park Place, Suite 600, Dublin, CA, USA, 94568

Website

https://www.trinet.com

TriNet offers outsourced payroll and human capital management solutions for small and midsize businesses via a professional employer organization model. Under the PEO model, TriNet enters a co-employment arrangement and acts as the employer of record for administrative and regulatory purposes for clients' employees, known as worksite employees. Clients leverage the scale and expertise of TriNet to access competitive employee benefits, share employment risk liability, access compliance support, and outsource mission-critical day-to-day HR functions such as payroll and tax administration. Following the acquisition of Zenefits and Clarus R+D in 2022, TriNet derives the minority of its revenue from self-service HCM software and R&D tax credit services.

Executives

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
Ralph A. Clark	director	C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Samantha Wellington	officer: SVP, CLO & SECRETARY	ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Kelly L Tuminelli	officer: EVP & CHIEF FINANCIAL OFFICER	TRINET GROUP, INC., ONE PARK PLACE, STE 600, DUBLIN CA 94568
L.p. Agi-t,	director, 10 percent owner	40 MORRIS AVENUE, BRYN MAWR PA 19010
Paul Edward Chamberlain	director	C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588
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
Wayne B Lowell	director	3061 ZANKER ROAD, SAN JOSE CA 95134
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