CoreCivic (CoreCivic) Days Payable

: 44.86 (As of Dec. 2023)

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CoreCivic's average Accounts Payable for the three months ended in Dec. 2023 was $181 Mil. CoreCivic's Cost of Goods Sold for the three months ended in Dec. 2023 was $369 Mil. Hence, CoreCivic's Days Payable for the three months ended in Dec. 2023 was 44.86.

The historical rank and industry rank for CoreCivic's Days Payable or its related term are showing as below:

CXW' s Days Payable Range Over the Past 10 Years
Min: 15.06 Med: 20.49 Max: 48.52
Current: 48.52

During the past 13 years, CoreCivic's highest Days Payable was 48.52. The lowest was 15.06. And the median was 20.49.

CXW's Days Payable is ranked better than
50.81% of 927 companies
in the Business Services industry
Industry Median: 47.71 vs CXW: 48.52

CoreCivic's Days Payable increased from Dec. 2022 (23.25) to Dec. 2023 (44.86). It may suggest that CoreCivic delayed paying its suppliers.

CoreCivic Days Payable Historical Data

The historical data trend for CoreCivic's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CoreCivic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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22.04

20.83

24.05

23.30

20.18

CoreCivic Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															23.25	44.93	65.52	66.60	44.86

Competitive Comparison

For the Security & Protection Services subindustry, CoreCivic's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

CoreCivic Days Payable Distribution

For the Business Services industry and Industrials sector, CoreCivic's Days Payable distribution charts can be found below:

* The bar in red indicates where CoreCivic's Days Payable falls into.

CoreCivic Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

CoreCivic's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (89.683	+	72.02)	/	2 )	/	1462.43	*	365
=	80.8515					/	1462.43	*	365
=	20.18

CoreCivic's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (290.385	+	72.02)	/	2 )	/	368.562	*	365 / 4
=	181.2025					/	368.562	*	365 / 4
=	44.86

CoreCivic Days Payable Related Terms

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CoreCivic (CoreCivic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CoreCivic Inc (NYSE:CXW) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

PSRA:Germany PSRA:Germany

Address

5501 Virginia Way, Suite 110, Brentwood, TN, USA, 37027

Website

https://www.corecivic.com

CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Safety segment operates roughly 50 facilities and owns majority of them. The Community segment owns and operates close to 30 residential reentry centers. The Properties segment owns approximately 15 properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the Safety segment. Its customers are federal, state, and local government agencies. Commercial contracts are typically 3-5 years long with multiple renewal options. CoreCivic operated as a Real Estate Investment Trust until January 2021 when it was reorganized as a taxable C Corporation.

Executives

Carter, Cole G.	officer: SVP, General Counsel, Secretar	10 BURTON HILLS BLVD., NASHVILLE TN 37215
Anthony L Grande	officer: Senior VP, Customer Relations	CORRECTIONS CORPORATION OF AMERICA, 10 BURTON HILLS BOULEVARD, NASHVILLE TN 37215
Lucibeth Mayberry	officer: SVP, Real Estate	10 BURTON HILLS BLVD, NASHVILLE TN 37215
David Garfinkle	officer: Vice President, Finance
Prann John R Jr	director
Patrick D. Swindle,	officer: EVP, Chief Corrections Officer	10 BURTON HILLS BLVD., NASHVILLE TN 37215
Damon T Hininger	officer: Senior VP, Customer Relations	CORRECTIONS CORPORATION OF AMERICA, 10 BURTON HILLS BOULEVARD, NASHVILLE TN 37215
Thurgood Jr Marshall	director	3000 K STREET N W, SUITE 300, WASHINGTON DC 20007-5116
Harley G. Lappin	officer: Chief Corrections Officer	10 BURTON HILLS BLVD, NASHVILLE TN 37215
Mark A Emkes	director	425 WINTER ROAD, DELAWARE OH 43015
David K Churchill	officer: Chief Human Resources	10 BURTON HILLS BLVD, NASHVILLE TN 37215
Devin Ignatius Murphy	director	104 MAIN STREET, SOUTHPORT CT 06890
Charles L Overby	director
Kim White	officer: SVP, Human Resources	10 BURTON HILLS BLVD, NASHVILLE TN 37215
C Michael Jacobi	director	C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762