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Carnival Corporation (NYSE:CCL)
Days Payable
14.06 (As of Feb. 2014)

Carnival Corporation's payable for the three months ended in Feb. 2014 was $554 Mil. Carnival Corporation's revenue for the three months ended in Feb. 2014 was $3,585 Mil. Hence, Carnival Corporation's days payable for the three months ended in Feb. 2014 was 14.06.

Carnival Corporation's days payable declined from Feb. 2013 (19.35) to Feb. 2014 (14.06). It may suggest that Carnival Corporation accelerated 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 Corporation's Days Payable for the fiscal year that ended in Nov. 2013 is calculated as

Days Payable=Payable/Revenue*Days in Period
=833/15456*365
=19.67

Carnival Corporation's Days Payable for the quarter that ended in Feb. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=554/3585*91
=14.06

* 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 Corporation Annual Data

Nov04Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13
DaysPayable 23.6815.6913.5015.7112.7615.4012.6917.8026.8619.67

Carnival Corporation Quarterly Data

Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14
DaysPayable 18.9513.1313.6810.9028.7919.3521.4715.3120.7214.06
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