CoreCivic Inc (CXW)
Number of days of payables
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 3.60 | 2.80 | 3.03 | 3.85 | 3.34 | |
| Number of days of payables | days | 101.47 | 130.16 | 120.54 | 94.75 | 109.17 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 3.60
= 101.47
To calculate the number of days of payables for CoreCivic Inc, we need to use the formula:
Number of days of payables = (Payables / Cost of Goods Sold) * 365
Unfortunately, without the specific values for payables and cost of goods sold for each of the years provided (2023, 2022, 2021, 2020, 2019), we are unable to calculate the exact number of days of payables for CoreCivic Inc for these years.
In order to analyze the trend in the number of days of payables over the past years and assess the efficiency of CoreCivic Inc in paying its suppliers, it would be necessary to have access to the detailed financial statements or additional financial data for the company.
Therefore, we recommend obtaining the specific payables and cost of goods sold figures for each year in order to perform a more in-depth analysis of CoreCivic Inc's number of days of payables.
Peer comparison
Dec 31, 2023