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Carnival (Carnival) Days Sales Outstanding : 10.13 (As of Feb. 2024)


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What is Carnival Days Sales Outstanding?

Carnival's average Accounts Receivable for the three months ended in Feb. 2024 was $600 Mil. Carnival's Revenue for the three months ended in Feb. 2024 was $5,407 Mil. Hence, Carnival's Days Sales Outstanding for the three months ended in Feb. 2024 was 10.13.

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

CCL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.36   Med: 7.71   Max: 49.64
Current: 8.57

During the past 13 years, Carnival's highest Days Sales Outstanding was 49.64. The lowest was 6.36. And the median was 7.71.

CCL's Days Sales Outstanding is ranked better than
83% of 800 companies
in the Travel & Leisure industry
Industry Median: 29.875 vs CCL: 8.57

Carnival's Days Sales Outstanding increased from Feb. 2023 (9.36) to Feb. 2024 (10.13).


Carnival Days Sales Outstanding Historical Data

The historical data trend for Carnival'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.

Carnival Days Sales Outstanding Chart

Carnival Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.03 23.39 49.64 9.61 8.04

Carnival Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Sales Outstanding 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 9.36 8.95 6.22 8.80 10.13

Competitive Comparison of Carnival's Days Sales Outstanding

For the Travel Services subindustry, Carnival'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.


Carnival's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Carnival's Days Sales Outstanding distribution charts can be found below:

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



Carnival 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.

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

Days Sales Outstanding (A: Nov. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2022 ) + Accounts Receivable (A: Nov. 2023 )) / count ) / Revenue (A: Nov. 2023 )*Days in Period
=( (395 + 556) / 2 ) / 21593*365
=475.5 / 21593*365
=8.04

Carnival's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding (Q: Feb. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count ) / Revenue (A: Feb. 2024 )*Days in Period
=( (556 + 644) / 2 ) / 5407*365 / 4
=600 / 5407*365 / 4
=10.13

* 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.


Carnival  (NYSE:CCL) Days Sales Outstanding Explanation

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


Carnival Days Sales Outstanding Related Terms

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


Carnival (Carnival) Business Description

Address
3655 N.W. 87th Avenue, Miami, FL, USA, 33178-2428
Carnival is the largest global cruise company, with 92 ships in service at the end of fiscal 2023. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia. Carnival also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 13 million guests in 2019, prior to COVID-19, a level it has reached again in 2023.
Executives
David Bernstein officer: Sr. Vice President & CFO 3655 NW 87TH AVENUE, MIAMI FL 33178
Randall J Weisenburger director C/O WASSERSTEIN PERELLA GROUP, 31 WEST 52ND ST 26TH FLOOR, NEW YORK NY 10019
Bettina Alejandra Deynes officer: Chief Human Resources Officer 92 SW 3RD STREET, UNIT 4812, MIAMI FL 33130
Bessemer Trust Co Of Delaware, N.a. 10 percent owner, other: See Remarks 20 MONTCHANIN ROAD, SUITE 1500, WILMINGTON DE 19807
Sara Mathew director CAMPBELL SOUP COMPANY, ONE CAMPBELL PLACE, CAMDEN NJ 08103
William Richard Burke officer: Chief Maritime Officer 6301 COLLINS AVENUE, APT. 1903, MIAMI BEACH FL 33141
Joshua Ian Weinstein director, officer: President & CEO 3273 COACOOCHEE STREET, MIAMI FL 33133
Arnold W Donald director C/O CARNIVAL CORPORATION, 3655 N.W. 87TH AVENUE, MIAMI FL 33178
Enrique Miguez officer: General Counsel 3600 DURANGO STREET, CORAL GABLES FL 33134
Arnaldo Perez officer: Sr. VP, General Counsel & Sec. 3655 NW 87TH AVE, C/O CARNIVAL CORP, MIAMI FL 33178-2428
Peter C. Anderson officer: Chief Ethics & Compliance 1541 BRICKELL AVENUE, UNIT B-2604, MIAMI FL 33129
Ma 1994 B Shares Lp other: See Remarks 1201 NORTH MARKET ST, WILMINGTON DE 19899-1347
Micky Meir Arison director, officer: Chairman & CEO C/O PAUL BERKOWITZ GREENBERG TRAURIG, 333 S.E. 2ND AVENUE, MIAMI FL 33131
Richard Glasier director 219 PIASA ST, ALTON IL 62002
Jeffrey J Gearhart director 702 SOUTHWEST 8TH STREET, BENTONVILLE AR 72716-0215