The GEO Group (The GEO Group) Bad Debt Percentage of Revenue % : 0.00% (As of Dec. 2023)

The GEO Group Bad Debt Percentage of Revenue % Chart

The GEO Group Annual Data
	Trend	Dec19	Dec20	Dec21	Dec22	Dec23
Bad Debt Percentage of Revenue %		Get a 7-Day Free Trial

The GEO GroupQuarterly Data
	Trend	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Bad Debt Percentage of Revenue %		Get a 7-Day Free Trial

Competitive Comparison of The GEO Group's Bad Debt Percentage of Revenue %

For the Security & Protection Services subindustry, The GEO Group's Bad Debt Percentage of Revenue %, along with its competitors' market caps and Bad Debt Percentage of Revenue % 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.

The GEO Group  (NYSE:GEO) Bad Debt Percentage of Revenue % Calculation

Companies usually use Bad Debt Percentage of Revenue % to estimate their bad debt. The initial estimates of a company's bad debt allowance is typically based upon past performance. The formula is:

* 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) Bad Debt Percentage of Revenue % Explanation

A bad debt expense is recognized when a receivable is no longer collectible because a customer is unable to fulfill their obligation to pay an outstanding debt due to bankruptcy or other financial problems.

The analysis of bad debt should be combined with the allowance and adjustment the company made of the fiscal year. If the company’s Bad Debt Percentage of Revenue % kept increasing, the company’s profitability should be questioned. However, abnormal low ratios are also worth attention because it may be a sign of fiscal report manipulation.

The GEO Group Bad Debt Percentage of Revenue % Related Terms

Thank you for viewing the detailed overview of The GEO Group's Bad Debt Percentage of Revenue % provided by GuruFocus.com. Please click on the following links to see related term pages.

The GEO Group (The GEO Group) Business Description