CoreCivic Inc (CXW)
Inventory turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 1,493,360 | 1,589,750 | 1,413,790 | 1,337,060 | 1,406,380 |
| Inventory | US$ in thousands | — | 0 | 19,700 | 18,058 | 302,955 |
| Inventory turnover | — | — | 71.77 | 74.04 | 4.64 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $1,493,360K ÷ $—K
= —
CoreCivic Inc's inventory turnover has shown significant fluctuations over the years based on the data provided.
- In December 31, 2020, the inventory turnover was 4.64, indicating that the company's inventory was sold and replaced approximately 4.64 times during the year.
- This ratio increased drastically to 74.04 in December 31, 2021, and remained high at 71.77 in December 31, 2022, suggesting that the company significantly improved its inventory management efficiency.
- However, there is missing data for December 31, 2023, and December 31, 2024, denoted by "—". This missing information limits the ability to fully assess the company's recent inventory turnover performance for those years.
- Overall, the trend indicates a substantial improvement in inventory turnover efficiency from 2020 to 2022, but the absence of data for the following years makes it challenging to draw conclusive insights beyond that period.
Peer comparison
Dec 31, 2024