Geo Group Inc (GEO)
Inventory 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 916,569 | 1,380,607 | 1,852,447 | 1,868,737 | 1,829,189 | 1,795,716 | 1,760,086 | 1,712,058 | 1,663,727 | 1,629,148 | 1,592,838 | 1,586,056 | 1,629,046 | 1,670,324 | 1,704,826 | 1,743,852 | 1,777,023 | 1,817,839 | 1,855,950 | 1,865,083 |
| Inventory | US$ in thousands | — | — | -6,240 | — | 0 | — | 0 | — | — | 0 | — | — | — | — | 0 | 0 | 0 | — | — | — |
| Inventory turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $916,569K ÷ $—K
= —
Based on the provided data, Geo Group Inc's inventory turnover ratio is not available or not provided for the periods mentioned. The inventory turnover ratio is a crucial financial metric that indicates the efficiency of a company in managing its inventory. It is calculated by dividing the cost of goods sold by the average inventory for a specific period.
A high inventory turnover ratio generally signifies that a company is effectively selling its inventory and restocking it quickly, which is considered a positive indicator of operational efficiency. Conversely, a low inventory turnover ratio may suggest overstocking, obsolete inventory, or difficulties in selling products.
Without the specific values for Geo Group Inc's inventory turnover ratio, it is not possible to assess the company's inventory management performance or draw conclusions about its operational efficiency in handling inventory. Additional information or data points would be required to provide a more comprehensive analysis of Geo Group Inc's inventory turnover.
Peer comparison
Dec 31, 2024
Dec 31, 2024