CoreCivic Inc (CXW)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 1,961,650 | 1,896,640 | 1,845,330 | 1,862,620 | 1,905,480 |
| Property, plant and equipment | US$ in thousands | — | — | 2,176,100 | 2,283,260 | 2,350,270 |
| Fixed asset turnover | — | — | 0.85 | 0.82 | 0.81 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $1,961,650K ÷ $—K
= —
The fixed asset turnover ratio for CoreCivic Inc has shown a slight improvement over the past years, increasing from 0.81 in December 31, 2020 to 0.85 in December 31, 2022. This indicates that the company is generating more revenue from its fixed assets. However, there is missing data for the years 2023 and 2024, which makes it challenging to assess the trend accurately for those years. Overall, the company's efficiency in utilizing its fixed assets to generate sales has shown a positive trajectory, but more consistent data is needed to provide a comprehensive analysis of this ratio.
Peer comparison
Dec 31, 2024