Switch to:
Carnival Corporation (NYSE:CCL)
Days Sales Outstanding
13.38 (As of Feb. 2014)

Carnival Corporation's account receivable for the three months ended in Feb. 2014 was $527 Mil. Carnival Corporation's revenue for the three months ended in Feb. 2014 was $3,585 Mil. Hence, Carnival Corporation's days sales outstanding for the three months ended in Feb. 2014 was 13.38.

Carnival Corporation's days sales outstanding declined from Feb. 2013 (18.67) to Feb. 2014 (13.38).


Definition

Days sales outstanding measures of 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 receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

Carnival Corporation's Days Sales Outstanding for the fiscal year that ended in Nov. 2013 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=786/15456*365
=18.56

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=527/3585*91
=13.38

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


Explanation

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


Related Terms

Account Receivable, 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
DaysSalesOutstanding 15.3514.158.6312.2110.429.826.266.7717.3218.56

Carnival Corporation Quarterly Data

Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14
DaysSalesOutstanding 7.2128.8917.7215.3118.5718.6727.3317.2119.5513.38
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide