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

CoreCivic (CoreCivic) Days Sales Outstanding

: 54.02 (As of Dec. 2023)
View and export this data going back to 1997. Start your Free Trial

CoreCivic's average Accounts Receivable for the three months ended in Dec. 2023 was $291 Mil. CoreCivic's Revenue for the three months ended in Dec. 2023 was $491 Mil. Hence, CoreCivic's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.02.

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

CXW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.81   Med: 52.35   Max: 60.1
Current: 54.34

During the past 13 years, CoreCivic's highest Days Sales Outstanding was 60.10. The lowest was 45.81. And the median was 52.35.

CXW's Days Sales Outstanding is ranked better than
55.09% of 1042 companies
in the Business Services industry
Industry Median: 58.4 vs CXW: 54.34

CoreCivic's Days Sales Outstanding declined from Dec. 2022 (58.63) to Dec. 2023 (54.02).


CoreCivic Days Sales Outstanding Historical Data

The historical data trend for CoreCivic's Days Sales Outstanding 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 50.80 [6] => 52.53 [7] => 53.94 [8] => 58.87 [9] => 60.10 )
CoreCivic Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.80 52.53 53.94 58.87 60.10

CoreCivic Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58.63 56.64 50.94 50.08 54.02

Competitive Comparison

For the Security & Protection Services subindustry, CoreCivic's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding Distribution

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

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



CoreCivic Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

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

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (312.435 + 312.174) / 2 ) / 1896.635*365
=312.3045 / 1896.635*365
=60.10

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

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (269.416 + 312.174) / 2 ) / 491.246*365 / 4
=290.795 / 491.246*365 / 4
=54.02

* 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.


CoreCivic  (NYSE:CXW) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


CoreCivic Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of CoreCivic's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


CoreCivic (CoreCivic) Business Description

Traded in Other Exchanges
Address
5501 Virginia Way, Suite 110, Brentwood, TN, USA, 37027
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