CoreCivic Inc (CXW)
Activity ratios
Short-term
Turnover ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory turnover | — | — | — | — | — | 101.75 | 108.38 | 68.95 | 71.77 | — | — | — | 74.04 | 121.01 | 153.10 | 4.62 | 4.64 | 126.99 | 76.26 | 85.42 |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Working capital turnover | 11.96 | 13.96 | 16.87 | 31.41 | 10.69 | 16.24 | 23.19 | 22.02 | 29.33 | 32.54 | 60.89 | 5.86 | 6.50 | 5.45 | 10.66 | 5.08 | 4.72 | 6.98 | 5.26 | 6.48 |
CoreCivic Inc's activity ratios provide insights into the efficiency of the company's operations.
1. Inventory Turnover: The inventory turnover ratio measures how many times inventory is sold and replaced within a specific period. CoreCivic Inc's inventory turnover has shown significant fluctuations over time, with highs of 153.10 and lows of 4.62. This indicates varying levels of efficiency in managing and selling inventory.
2. Receivables Turnover: Unfortunately, there is no data available for receivables turnover, which would have shown how efficiently CoreCivic Inc collects on its credit sales.
3. Payables Turnover: Similarly, there is no data available for payables turnover, which would have indicated how efficiently the company pays its suppliers.
4. Working Capital Turnover: The working capital turnover ratio measures how efficiently working capital is utilized to generate sales. CoreCivic Inc's working capital turnover has fluctuated, peaking at 60.89 and dropping to 5.08 at different points in time, suggesting varying levels of efficiency in using working capital to drive sales.
Overall, from the available data, it is clear that CoreCivic Inc's activity ratios show fluctuations in efficiency over the periods analyzed. Further analysis and comparison with industry benchmarks would be beneficial to determine the company's operational effectiveness and potential areas for improvement.
Average number of days
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | — | — | 3.59 | 3.37 | 5.29 | 5.09 | — | — | — | 4.93 | 3.02 | 2.38 | 78.98 | 78.63 | 2.87 | 4.79 | 4.27 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the data provided for CoreCivic Inc, the company's Days of Inventory on Hand (DOH) have varied over the years. In the most recent period reported, the DOH stood at 5.29 days as of March 31, 2024, indicating that, on average, the company held inventory for approximately 5.29 days before selling it.
Additionally, the Days of Sales Outstanding (DSO) and Number of Days of Payables data for CoreCivic Inc are not available for analysis as there are no values provided in the data set for these ratios during the specified periods.
For a comprehensive analysis of CoreCivic Inc's activity ratios, it is essential to monitor the trends in all three ratios (DOH, DSO, and Days of Payables) consistently over time to assess the efficiency of the company's operations in managing inventory, collecting receivables, and paying its payables.
Long-term
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed asset turnover | — | — | — | — | — | 0.88 | 0.87 | 0.86 | 0.85 | 0.85 | 0.84 | 0.82 | 0.82 | 0.81 | 0.80 | 0.80 | 0.81 | 0.71 | 0.72 | 0.72 |
| Total asset turnover | 0.67 | 0.68 | 0.68 | 0.64 | 0.61 | 0.61 | 0.61 | 0.61 | 0.57 | 0.56 | 0.57 | 0.53 | 0.53 | 0.51 | 0.54 | 0.50 | 0.51 | 0.48 | 0.49 | 0.49 |
The fixed asset turnover ratio of CoreCivic Inc has shown a gradual improvement over the years, starting at 0.72 in March 2020 and increasing to 0.87 by June 30, 2023. This indicates that the company has been effectively utilizing its fixed assets to generate revenue.
On the other hand, the total asset turnover ratio started at 0.49 in March 2020 and saw fluctuations before reaching 0.68 by June 30, 2024. This ratio measures how efficiently the company is using all its assets to generate sales.
Overall, the trend indicates that CoreCivic Inc has been improving its efficiency in generating revenue from both fixed and total assets over the years, which is a positive sign for the company's operational performance.