CoreCivic (STU:PSRA) COGS-to-Revenue : 0.76 (As of Mar. 2024)

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What is CoreCivic COGS-to-Revenue?

CoreCivic's Cost of Goods Sold for the three months ended in Mar. 2024 was €348 Mil. Its Revenue for the three months ended in Mar. 2024 was €461 Mil.

CoreCivic's COGS to Revenue for the three months ended in Mar. 2024 was 0.76.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. CoreCivic's Gross Margin % for the three months ended in Mar. 2024 was 24.48%.

CoreCivic COGS-to-Revenue Historical Data

The historical data trend for CoreCivic's COGS-to-Revenue 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.

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CoreCivic COGS-to-Revenue Chart

CoreCivic Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.72

0.74

0.72

0.77

CoreCivic Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.77	0.78	0.78	0.75	0.76

CoreCivic COGS-to-Revenue Calculation

CoreCivic's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	1341.048	/	1739.214
	=	0.77

CoreCivic's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	347.855	/	460.631
	=	0.76

CoreCivic (STU:PSRA) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

CoreCivic's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	347.855 / 460.631
	=	24.48 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

CoreCivic COGS-to-Revenue Related Terms

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CoreCivic (STU:PSRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » CoreCivic Inc (STU:PSRA) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

CXW:USA 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.

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