TriCo Bancshares

NASDAQ TCBK

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TriCo Bancshares Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2024: 12.84

TriCo Bancshares Accounts Payable Turnover Ratio is 12.84 for the Trailing 12 Months (TTM) ending March 31, 2024, a -87.85% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues.

TriCo Bancshares Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 105.62, a 11.62% change year over year.
TriCo Bancshares Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 94.63, a 57.53% change year over year.
TriCo Bancshares Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 60.07, a 89.77% change year over year.
TriCo Bancshares Accounts Payable Turnover Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was 31.65, a -22.03% change year over year.

NASDAQ: TCBK

TriCo Bancshares

CEO	Mr. Richard P. Smith
IPO Date	April 20, 1993
Location	United States
Headquarters	63 Constitution Drive, Chico, CA, United States, 95973
Employees	1,188
Sector	Financial Services
Industry	Banks - regional

Description

TriCo Bancshares operates as a bank holding company for Tri Counties Bank that provides commercial banking services to individual and corporate customers. The company accepts demand, savings, and time deposits. It also provides small business loans; real estate mortgage loans, such as residential and commercial loans; consumer loans; mortgage, auto, other vehicle, and personal loans; commercial loans, including agricultural loans; and real estate construction loans. In addition, the company offers treasury management services; credit and debit cards; and other customary banking services, including safe deposit boxes; and independent financial and broker-dealer services. Further, it provides checking, saving, and money market accounts, as well as individual retirement accounts; equipment financing; certificate of deposit account registry service; certificated of deposit; and IntraFi cash service. TriCo Bancshares was founded in 1975 and is headquartered in Chico, California.

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