Geo Group Inc (GEO)
Payables 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 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $916,569K ÷ $—K
= —
The payables turnover ratio for Geo Group Inc for the periods from March 31, 2020, to December 31, 2024, is not provided in the data set. The payables turnover ratio is a financial metric that indicates how efficiently a company is managing its payables by comparing the amount of purchases on credit to the average accounts payable balance.
Without the specific payables turnover ratio figures, it is challenging to provide a detailed analysis. However, a higher payables turnover ratio generally suggests that the company is paying its suppliers more quickly, which could indicate good relationships with vendors or an efficient use of working capital. On the other hand, a lower payables turnover ratio may indicate that the company is taking longer to pay its bills, which could potentially strain relationships with suppliers or indicate cash flow issues.
In conclusion, without the actual payables turnover ratio values for Geo Group Inc, a precise analysis of how the company is managing its payables cannot be provided. It would be beneficial to have access to this information to make a more insightful assessment of the company's payment practices and financial health.
Peer comparison
Dec 31, 2024