Geo Group Inc (GEO)
Number of days of payables
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Payables turnover | 4.91 | 4.16 | 5.30 | 4.07 | 3.19 | |
Number of days of payables | days | 74.31 | 87.75 | 68.89 | 89.75 | 114.35 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 4.91
= 74.31
To calculate the number of days of payables for Geo Group, Inc., we need additional information such as accounts payable and cost of goods sold figures for each year. This ratio helps in understanding how long, on average, it takes the company to pay its suppliers.
Without the specific data on accounts payable and cost of goods sold, it is not possible to determine the number of days of payables for Geo Group, Inc. As a result, a detailed analysis of this ratio cannot be provided based on the information provided.
Peer comparison
Dec 31, 2023
Company name
Symbol
Number of days of payables
Geo Group Inc
GEO
74.31
Community Healthcare Trust Inc
CHCT
—
CoreCivic Inc
CXW
101.47