Switch to:

Carnival Accounts Receivable

: $604 Mil (As of May. 2020)
View and export this data going back to 1987. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Carnival's accounts receivables for the quarter that ended in May. 2020 was $604 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Carnival's Days Sales Outstanding for the quarter that ended in May. 2020 was 74.48.

In Ben Graham's calculation of liquidation value, accounts receivable are only considered to be worth 75% of book value. Carnival's Net-Net Working Capital for the quarter that ended in May. 2020 was $-21,462 Mil.


Carnival Accounts Receivable Historical Data

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

* Premium members only.

Carnival Annual Data
Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19
Accounts Receivable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 303.00 298.00 312.00 358.00 444.00

Carnival Quarterly Data
Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20
Accounts Receivable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 405.00 441.00 444.00 405.00 604.00

Carnival Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Carnival Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. 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.

Carnival's Days Sales Outstanding for the quarter that ended in May. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=604/740*91
=74.48

2. In Ben Graham's calculation of liquidation value, Carnival's accounts receivable are only considered to be worth 75% of book value:

Carnival's liquidation value for the quarter that ended in May. 2020 is calculated as:

Liquidation value
=Cash And Cash Equivalents-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=6881-28977+0.75 * 604+0.5 * 362
=-21,462

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


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Carnival Accounts Receivable Related Terms


Carnival Accounts Receivable Headlines

No Headline

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)