Carnival (FRA:CVC1) Accounts Payable & Accrued Expense : €3,171 Mil (As of Feb. 2024)

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What is Carnival Accounts Payable & Accrued Expense?

Carnival's quarterly accounts payable & accrued expense increased from Aug. 2023 (€2,861 Mil) to Nov. 2023 (€2,930 Mil) and increased from Nov. 2023 (€2,930 Mil) to Feb. 2024 (€3,171 Mil).

Carnival's annual accounts payable & accrued expense increased from Nov. 2021 (€2,136 Mil) to Nov. 2022 (€2,935 Mil) but then declined from Nov. 2022 (€2,935 Mil) to Nov. 2023 (€2,930 Mil).

Carnival Accounts Payable & Accrued Expense Historical Data

The historical data trend for Carnival's Accounts Payable & Accrued Expense 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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Carnival Accounts Payable & Accrued Expense Chart

Carnival Annual Data

Trend

Nov14

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Nov23

Accounts Payable & Accrued Expense

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2,321.33

1,495.73

2,135.69

2,935.15

2,930.00

Carnival Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															2,776.78	2,753.56	2,861.04	2,930.00	3,171.27

Carnival Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Carnival (FRA:CVC1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Carnival Corp (FRA:CVC1) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

CCL:USA CCL:Peru CCL1:Mexico C1CL34:Brazil

Address

3655 N.W. 87th Avenue, Miami, FL, USA, 33178-2428

Website

https://www.carnivalcorp.com

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.

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