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GuruFocus has detected 4 Warning Signs with Carnival Corp $CCL.
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Carnival Corp (NYSE:CCL)
Change In Inventory
$-14 Mil (As of Nov. 2016)

Carnival Corp's change in inventory for the quarter that ended in Nov. 2016 was $-14 Mil. It means Carnival Corp's inventory increased by $14 Mil from Aug. 2016 to Nov. 2016 .

Carnival Corp's change in inventory for the fiscal year that ended in Nov. 2016 was $1 Mil. It means Carnival Corp's inventory declined by $1 Mil from Nov. 2015 to Nov. 2016 .

Carnival Corp's inventory for the quarter that ended in Nov. 2016 was $322 Mil.

Days inventory indicates the number of days of goods in sales that a company has in the inventory. Carnival Corp's days inventory for the quarter that ended in Nov. 2016 was 12.51.

Inventory can be measured by Days Sales of Inventory (DSI). Carnival Corp's days sales of inventory (DSI) for the quarter that ended in Nov. 2016 was 7.37.

Inventory turnover measures how fast the company turns over its inventory within a year. Carnival Corp's inventory turnover for the quarter that ended in Nov. 2016 was 7.29.

Inventory to revenue ratio determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Carnival Corp's inventory to revenue ratio for the quarter that ended in Nov. 2016 was 0.08.


Definition

Change In Inventory is the difference between last period’s ending inventory and the current period’s ending inventory.


Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Carnival Corp's Days Inventory for the quarter that ended in Nov. 2016 is calculated as:

Days Inventory=Average Inventory/Cost of Goods Sold*Days in Period
=318/2319*365 / 4
=12.51

2. Inventory can be measured by Days Sales of Inventory (DSI).

Carnival Corp's Days Sales of Inventory for the quarter that ended in Nov. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=318/3935*365 / 4
=7.37

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Carnival Corp's Inventory Turnover for the quarter that ended in Nov. 2016 is calculated as

4. Inventory to Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Carnival Corp's Inventory to Revenue for the quarter that ended in Nov. 2016 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Inventory, Days Inventory, Cost of Goods Sold, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Carnival Corp Annual Data

Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15Nov16
ChangeInInventory -57-810-12-54-1621151

Carnival Corp Quarterly Data

Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16
ChangeInInventory 24-147424-30-420-1-14
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