Geo Group Inc (GEO)
Activity ratios
Short-term
Turnover ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Inventory turnover | — | — | — | 80.80 | 66.50 |
| Receivables turnover | — | — | — | — | — |
| Payables turnover | — | — | — | — | — |
| Working capital turnover | 15.15 | 26.51 | 20.18 | 3.99 | 7.83 |
Geo Group Inc's activity ratios reflect the efficiency with which the company manages its assets and liabilities.
1. Inventory Turnover:
- The inventory turnover ratio measures how effectively Geo Group Inc manages its inventory.
- In 2020, the ratio was 66.50, indicating that the company turned over its inventory 66.50 times during the year.
- By 2021, the ratio increased to 80.80, showing an improvement in inventory management efficiency.
2. Receivables Turnover:
- The receivables turnover ratio evaluates how well Geo Group Inc collects outstanding receivables from its customers.
- The data shows that specific values were not available for the years provided, which may suggest that the company does not disclose this information or has negligible receivables turnover activity.
3. Payables Turnover:
- The payables turnover ratio assesses how quickly Geo Group Inc pays its suppliers and creditors.
- The absence of data for payables turnover indicates that information on how efficiently the company manages its payables is not available for the provided years.
4. Working Capital Turnover:
- The working capital turnover ratio measures how efficiently Geo Group Inc utilizes its working capital to generate sales.
- In 2020, the ratio was 7.83, indicating that the company generated $7.83 in sales for every $1 of working capital.
- By 2024, the ratio decreased to 15.15, suggesting that the efficiency of working capital utilization to generate sales declined over the years.
Overall, the analysis of Geo Group Inc's activity ratios reveals improvements in inventory turnover efficiency but highlights a lack of available data on receivables and payables turnover. The working capital turnover indicates fluctuations in the company's efficiency in utilizing working capital to drive sales during the period under consideration.
Average number of days
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Days of inventory on hand (DOH) | days | — | — | — | 4.52 | 5.49 |
| Days of sales outstanding (DSO) | days | — | — | — | — | — |
| Number of days of payables | days | — | — | — | — | — |
The activity ratios provide insights into how efficiently Geo Group Inc is managing its inventory, collecting receivables, and paying its suppliers.
1. Days of Inventory on Hand (DOH):
- In 2020, Geo Group Inc had an average of 5.49 days of inventory on hand, which decreased to 4.52 days in 2021.
- There is no data available for 2022, 2023, and 2024 to assess the trend in inventory management over these years.
- The decreasing trend from 2020 to 2021 suggests that the company may be managing its inventory more efficiently, potentially reducing excess inventory levels.
2. Days of Sales Outstanding (DSO):
- There is no available data for days of sales outstanding for any of the years (2020 to 2024).
- The absence of DSO data restricts the assessment of how quickly Geo Group Inc is collecting its receivables, making it challenging to evaluate the company's credit management practices.
3. Number of Days of Payables:
- There is no data provided for the number of days of payables for the years 2020 to 2024.
- Without information on the company's payables turnover, it is difficult to determine how effectively Geo Group Inc is managing its payment obligations to suppliers.
In conclusion, the absence of complete data for DSO and the number of days of payables limits a comprehensive assessment of Geo Group Inc's efficiency in managing receivables and payables. However, the decreasing trend in Days of Inventory on Hand from 2020 to 2021 suggests improved inventory management, potentially positively impacting the company's working capital management.
Long-term
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Fixed asset turnover | — | — | 1.14 | 1.05 | 1.10 |
| Total asset turnover | 0.67 | 0.65 | 0.63 | 0.50 | 0.53 |
Geo Group Inc's fixed asset turnover has shown some fluctuations over the past five years. It started at 1.10 in 2020, decreased to 1.05 in 2021, and then increased to 1.14 in 2022. However, the data is not available for 2023 and 2024.
On the other hand, the total asset turnover ratio, which indicates how efficiently the company is generating revenues from its total assets, has also experienced variability. It stood at 0.53 in 2020, decreased to 0.50 in 2021, and then showed an improvement to 0.63 in 2022. The trend continued, reaching 0.65 in 2023 and 0.67 in 2024.
Overall, the fixed asset turnover ratio demonstrates how effectively Geo Group Inc is utilizing its fixed assets to generate sales, while the total asset turnover ratio reflects the company's ability to generate revenue relative to its total assets.