CoreCivic Inc (CXW)
Receivables 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,961,646 | 1,973,599 | 1,965,746 | 1,939,319 | 1,896,635 | 1,876,822 | 1,857,328 | 1,850,343 | 1,845,329 | 1,846,029 | 1,853,012 | 1,860,886 | 1,862,616 | 1,863,960 | 1,861,032 | 1,869,102 | 1,905,485 | 1,929,817 | 1,970,073 | 1,987,726 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,961,646K ÷ $—K
= —
The receivables turnover ratio for CoreCivic Inc is currently unavailable as the data for accounts receivable and sales needed to calculate this ratio is not provided for any of the reporting periods from March 31, 2020, to December 31, 2024.
The receivables turnover ratio is a financial metric that measures how efficiently a company is managing its accounts receivable by calculating the number of times a company collects its average accounts receivable balance during a specific period. A higher receivables turnover ratio usually indicates that the company is collecting its outstanding receivables more frequently, which is generally positive as it shows effective management of credit sales. Conversely, a lower ratio may indicate potential issues with collecting receivables promptly.
Without the necessary data, it is not possible to assess CoreCivic Inc's effectiveness in collecting its accounts receivable over the reported periods. Investors and analysts typically use the receivables turnover ratio in conjunction with other financial metrics to gain a more comprehensive understanding of a company's financial performance and operational efficiency.
Peer comparison
Dec 31, 2024