CoreCivic Inc (CXW)
Payables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,558,413 | 1,590,407 | 1,596,099 | 1,550,227 | 1,494,931 | 1,446,205 | 1,436,708 | 1,423,700 | 1,413,792 | 1,394,742 | 1,364,740 | 1,348,810 | 1,337,065 | 1,347,353 | 1,357,088 | 1,376,945 | 1,406,376 | 1,425,692 | 1,446,500 | 1,439,252 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,558,413K ÷ $—K
= —
The payables turnover ratio for CoreCivic Inc has been consistently reported as not available from March 31, 2020, to December 31, 2024. The lack of data on payables turnover may indicate that the company does not disclose this metric or that it's not feasible to calculate based on the available financial information.
Payables turnover ratio is an important liquidity metric that measures how efficiently a company is managing its short-term supplier obligations. A higher payables turnover generally indicates that the company is paying its suppliers more frequently, which can be interpreted as a positive sign of good financial health and strong cash management practices.
Without the payables turnover data for CoreCivic Inc, it's challenging to assess the company's ability to efficiently manage its payables and its relationships with suppliers. Investors and analysts would ideally like to see this ratio in financial statements to gain insights into the company's working capital efficiency and financial management strategies.
Peer comparison
Dec 31, 2024