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Norwegian Cruise Line Holdings (Norwegian Cruise Line Holdings) Accounts Receivable : $282 Mil (As of Mar. 2024)


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What is Norwegian Cruise Line Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Norwegian Cruise Line Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $282 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Norwegian Cruise Line Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 11.76.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Norwegian Cruise Line Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-43.38.


Norwegian Cruise Line Holdings Accounts Receivable Historical Data

The historical data trend for Norwegian Cruise Line Holdings's Accounts Receivable 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.

Norwegian Cruise Line Holdings Accounts Receivable Chart

Norwegian Cruise Line Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.11 20.58 1,167.47 326.27 280.27

Norwegian Cruise Line Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial 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 259.29 219.12 239.42 280.27 282.31

Norwegian Cruise Line Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Norwegian Cruise Line Holdings Accounts Receivable 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 receivables are being managed.

Norwegian Cruise Line Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=282.313/2191.215*91
=11.76

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Norwegian Cruise Line Holdings's accounts receivable are only considered to be worth 75% of book value:

Norwegian Cruise Line Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(559.814+0.75 * 282.313+0.5 * 157.879-19463.097
-0-0)/429.026
=-43.38

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Norwegian Cruise Line Holdings Accounts Receivable Related Terms

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Norwegian Cruise Line Holdings (Norwegian Cruise Line Holdings) Business Description

Address
7665 Corporate Center Drive, Miami, FL, USA, 33126
Norwegian Cruise Line is the world's third-largest cruise company by berths (at more than 66,000), operating 31 ships across three brands (Norwegian, Oceania, and Regent Seven Seas), offering both freestyle and luxury cruising. The company had redeployed its entire fleet as of May 2022. With six passenger vessels on order among its brands through 2028 (representing 16,500 incremental berths), Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.
Executives
Jose E. Cil director 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Daniel S Farkas officer: EVP Gen. Counsel & Asst. Sec'y 5840 SW 117TH STREET, CORAL GABLES FL 33156
Faye L. Ashby officer: SVP & Chief Accounting Officer 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Patrik Dahlgren officer: EVP, Vessel Operations 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Del Rio Frank J director, officer: Pres. & CEO 8300 NW 33RD STREET, SUITE 100, MIAMI FL 33122
Mark Kempa officer: EVP & CFO 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
David Herrera officer: Pres. NCL 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Del Rio Frank A. officer: Pres. Oceania Cruises C/O NEW BEGINNINGS ACQUISITION CORP., 800 1ST STREET, UNIT 1, MIAMI FL 33139
Andrea Demarco officer: Pres. RSSC 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Jason Montague officer: Pres. & CEO of RSSC C/O PRESTIGE CRUISES INTERNATIONAL, INC., 8300 NW 33RD STREET, SUITE 100, MIAMI FL 33122
Zillah Byng-thorne director 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Howard J Sherman officer: Pres. & CEO Oceania Cruises 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Russell W Galbut director 7665 CORPORATE DRIVE, MIAMI FL 33126
Harry C Curtis director C/O NORWEGIAN CRUISE LINE HOLDINGS, 7300 CORPORATE CENTER DRIVE, MIAMI FL 33126
Robert Binder officer: Vice Chair, Pres. & CEO OCI 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126