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The GEO Group's change in receivables for the quarter that ended in Dec. 2023 was $-33 Mil. It means The GEO Group's Accounts Receivable increased by $33 Mil from Sep. 2023 to Dec. 2023 .
The GEO Group's change in receivables for the fiscal year that ended in Dec. 2023 was $12 Mil. It means The GEO Group's Accounts Receivable declined by $12 Mil from Dec. 2022 to Dec. 2023 .
The GEO Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $390 Mil.
Days Sales Outstanding measures of 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. The GEO Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 58.51.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The GEO Group's liquidation value for the three months ended in Dec. 2023 was $-2,020 Mil.
The historical data trend for The GEO Group's Change In Receivables 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.
The GEO Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -12.75 | 73.34 | 15.70 | -47.68 | 11.67 |
The GEO Group Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Change In Receivables | Get a 7-Day Free Trial | -13.27 | 70.96 | -38.60 | 12.69 | -33.39 |
Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.
Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $12 Mil.
* 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.
The GEO Group (NYSE:GEO) Change In Receivables Explanation
1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of 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.
The GEO Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 390.023 | / | 608.282 | * | 91 |
= | 58.51 |
2. In Ben Graham's calculation of liquidation value, The GEO Group's accounts receivable are only considered to be worth 75% of book value:
The GEO Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 93.971 | - | 2406.092 | + | 0.75 * 390.023 | + | 0.5 * 0 |
= | -2,020 |
* 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.
Thank you for viewing the detailed overview of The GEO Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Shayn P. March | officer: VP of Finance and Treasurer | C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431 |
Scott Michael Kernan | director | C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431 |
James H. Black | officer: SVP & Pres, Secure Services | 4955 TECHNOLOGY WAY, BOCA RATON FL 33431 |
Christopher D. Ryan | officer: Senior VP, Human Resources | 4955 TECHNOLOGY WAY, BOCA RATON FL 33431 |
Lindsay L. Koren | director | 4955 TECHNOLOGY WAY, BOCA RATON FL 33431 |
Matthew Albence | officer: Senior VP, Client Relations | 4955 TECHNOLOGY WAY, BOCA RATON FL 33431 |
Andrew N Shapiro | director | 4955 TECHNOLOGY WAY, BOCA RATON FL 33431 |
Thomas C. Bartzokis | director | 4955 TECHNOLOGY WAY, BOCA RATON FL 33431 |
Terry P. Mayotte | director | C/O TREAN INSURANCE GROUP, INC., 150 LAKE STREET WEST, WAYZATA MN 55391 |
Jack Brewer | director | 6200 EXCELSIOR BLVD., SUITE 104, ST. LOUIS PARK MN 55416 |
George C Zoley | director, officer: Chairman & CEO | C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431 |
Anne N Foreman | director | C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431 |
Richard H Glanton | director | C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431 |
Duane Helkowski | director | 4955 TECHNOLOGY WAY, BOCA RATON FL 33431 |
Blake Davis | officer: Pres. GEO Secure Services | 4955 TECHNOLOGY WAY, BOCA RATON FL 33431 |
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