Norwegian Cruise Line Holdings (Norwegian Cruise Line Holdings) Days Payable

: 11.49 (As of Dec. 2023)

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Norwegian Cruise Line Holdings's average Accounts Payable for the three months ended in Dec. 2023 was $166 Mil. Norwegian Cruise Line Holdings's Cost of Goods Sold for the three months ended in Dec. 2023 was $1,322 Mil. Hence, Norwegian Cruise Line Holdings's Days Payable for the three months ended in Dec. 2023 was 11.49.

The historical rank and industry rank for Norwegian Cruise Line Holdings's Days Payable or its related term are showing as below:

NCLH' s Days Payable Range Over the Past 10 Years
Min: 5.35 Med: 13.21 Max: 35.9
Current: 12.19

During the past 13 years, Norwegian Cruise Line Holdings's highest Days Payable was 35.90. The lowest was 5.35. And the median was 13.21.

NCLH's Days Payable is ranked worse than
91.73% of 750 companies
in the Travel & Leisure industry
Industry Median: 60.1 vs NCLH: 12.19

Norwegian Cruise Line Holdings's Days Payable declined from Dec. 2022 (13.84) to Dec. 2023 (11.49). It may suggest that Norwegian Cruise Line Holdings accelerated paying its suppliers.

Norwegian Cruise Line Holdings Days Payable Historical Data

The historical data trend for Norwegian Cruise Line Holdings's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Norwegian Cruise Line Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

12.97

19.82

35.90

19.76

13.45

Norwegian Cruise Line Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable																13.84	15.39	11.59	9.44	11.49

Competitive Comparison

For the Travel Services subindustry, Norwegian Cruise Line Holdings's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Norwegian Cruise Line Holdings Days Payable Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Norwegian Cruise Line Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Norwegian Cruise Line Holdings's Days Payable falls into.

Norwegian Cruise Line Holdings Days Payable Calculation

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

Norwegian Cruise Line Holdings's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (228.742	+	174.338)	/	2 )	/	5468.587	*	365
=	201.54					/	5468.587	*	365
=	13.45

Norwegian Cruise Line Holdings's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (158.414	+	174.338)	/	2 )	/	1321.813	*	365 / 4
=	166.376					/	1321.813	*	365 / 4
=	11.49

Norwegian Cruise Line Holdings Days Payable Related Terms

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Norwegian Cruise Line Holdings (Norwegian Cruise Line Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

NCLH:Mexico 1NC:Germany 1NC:Germany 1NC:Germany N1CL34:Brazil NCLH:Austria

Address

7665 Corporate Center Drive, Miami, FL, USA, 33126

Website

https://www.nclhltdinvestor.com

Norwegian Cruise Line is the world's third-largest cruise company by berths (at more than 66,000), operating 31 ships across three brands (Norwegian, Oceania, and Regent Seven Seas), offering both freestyle and luxury cruising. The company had redeployed its entire fleet as of May 2022. With six passenger vessels on order among its brands through 2028 (representing 16,500 incremental berths), Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.

Executives

Jose E. Cil	director	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Daniel S Farkas	officer: EVP Gen. Counsel & Asst. Sec'y	5840 SW 117TH STREET, CORAL GABLES FL 33156
Faye L. Ashby	officer: SVP & Chief Accounting Officer	7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Patrik Dahlgren	officer: EVP, Vessel Operations	7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Del Rio Frank J	director, officer: Pres. & CEO	8300 NW 33RD STREET, SUITE 100, MIAMI FL 33122
Mark Kempa	officer: EVP & CFO	7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
David Herrera	officer: Pres. NCL	7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Del Rio Frank A.	officer: Pres. Oceania Cruises	C/O NEW BEGINNINGS ACQUISITION CORP., 800 1ST STREET, UNIT 1, MIAMI FL 33139
Andrea Demarco	officer: Pres. RSSC	7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Jason Montague	officer: Pres. & CEO of RSSC	C/O PRESTIGE CRUISES INTERNATIONAL, INC., 8300 NW 33RD STREET, SUITE 100, MIAMI FL 33122
Zillah Byng-thorne	director	7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Howard J Sherman	officer: Pres. & CEO Oceania Cruises	7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Russell W Galbut	director	7665 CORPORATE DRIVE, MIAMI FL 33126
Harry C Curtis	director	C/O NORWEGIAN CRUISE LINE HOLDINGS, 7300 CORPORATE CENTER DRIVE, MIAMI FL 33126
Robert Binder	officer: Vice Chair, Pres. & CEO OCI	7665 CORPORATE CENTER DRIVE, MIAMI FL 33126