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Carnival Corp (NYSE:CCL)
Days Payable
21.18 (As of Aug. 2015)

Carnival Corp's payable for the three months ended in Aug. 2015 was $578 Mil. Carnival Corp's cost of goods sold for the three months ended in Aug. 2015 was $2,490 Mil. Hence, Carnival Corp's days payable for the three months ended in Aug. 2015 was 21.18.

CCL' s Days Payable Range Over the Past 10 Years
Min: 19.42   Max: 26.84
Current: 24.23

19.42
26.84

During the past 13 years, Carnival Corp's highest Days Payable was 26.84. The lowest was 19.42. And the median was 21.92.

CCL's Days Payable is ranked lower than
71% of the 538 Companies
in the Global Leisure industry.

( Industry Median: 43.94 vs. CCL: 24.23 )

Carnival Corp's days payable increased from Aug. 2014 (20.17) to Aug. 2015 (21.18). It may suggest that Carnival Corp delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Carnival Corp's Days Payable for the fiscal year that ended in Nov. 2015 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=627/9447*365
=24.23

Carnival Corp's Days Payable for the quarter that ended in Aug. 2015 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=578/2490*365 / 4
=21.18

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Carnival Corp Annual Data

Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15
DaysPayable 23.5426.8420.6724.6620.1920.4119.4221.9121.9324.23

Carnival Corp Quarterly Data

Aug13Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15
DaysPayable 18.8022.0719.5022.2420.1722.8723.2124.1821.1825.80
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