CoreCivic Inc (CXW)
Payables turnover
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 266,410 | 264,670 | 261,145 | 260,690 | 259,998 | 266,929 | 275,059 | 281,465 | 281,886 | 318,522 | 319,307 | 329,610 | 335,827 | 293,836 | 287,975 | 281,155 | 276,356 | 276,979 | 272,837 | 266,854 |
| Payables | US$ in thousands | 74,064 | — | — | — | 92,717 | — | — | — | 93,091 | — | — | — | 87,180 | — | — | — | 82,656 | — | — | — |
| Payables turnover | 3.60 | — | — | — | 2.80 | — | — | — | 3.03 | — | — | — | 3.85 | — | — | — | 3.34 | — | — | — |
December 31, 2023 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $266,410K ÷ $74,064K
= 3.60
Based on the available data, the payables turnover ratio for CoreCivic Inc is not applicable for the quarters Q4 2023, Q3 2023, Q2 2023, Q1 2023, Q4 2022, Q3 2022, Q2 2022, and Q1 2022. This indicates that there is insufficient information to calculate the payables turnover for these periods. Further analysis or additional data is required to assess the company's ability to manage its accounts payable effectively.
Peer comparison
Dec 31, 2023
Company name
Symbol
Payables turnover
CoreCivic Inc
CXW
3.60
Community Healthcare Trust Inc
CHCT
—
Geo Group Inc
GEO
4.91