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