Geo Group Inc (GEO)

Days of inventory on hand (DOH)

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Inventory turnover 12.61 15.94 37.72 13.06 4.96
DOH days 28.94 22.90 9.68 27.95 73.54

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ 12.61
= 28.94

The days of inventory on hand (DOH) ratio for Geo Group, Inc. is not provided in the table. The DOH ratio is a measure of how many days, on average, a company holds its inventory before selling it. A lower DOH indicates that the company is more efficient in managing its inventory.

To calculate the DOH ratio for Geo Group, Inc., the following formula can be used:

DOH = (Average Inventory / Cost of Goods Sold) * 365

By using the inventory and cost of goods sold data for each of the years provided in the table, the DOH ratio can be calculated for each year to assess the trend over time. This analysis can provide insight into the company's inventory management efficiency and potential impact on its overall financial performance.


Peer comparison

Dec 31, 2023

Company name
Symbol
DOH
Geo Group Inc
GEO
28.94
Community Healthcare Trust Inc
CHCT
388.06
CoreCivic Inc
CXW