Carnival (MEX:CCL) Change In Inventory: MXN920 Mil (TTM As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:CCL Carnival PLC MEX:CCL
76 GF Score
Price MXN438.26
GF Value MXN352.19
! 3 Warning Signs
View Full Analysis

What is Carnival Change In Inventory?

Carnival MEX:CCL 76 Change In Inventory is MXN920 Mil as of Feb. 2026. GuruFocus rates MEX:CCL with a GF Score™ of 76/100 and a GF Value™ of MXN352.19. The stock has 3 warning signs investors should review.

Carnival's change in inventory for the quarter that ended in Feb. 2026 was MXN-52 Mil. It means Carnival's inventory increased by MXN52 Mil from Nov. 2025 to Feb. 2026 .

Carnival's change in inventory for the fiscal year that ended in Nov. 2025 was MXN37 Mil. It means Carnival's inventory declined by MXN37 Mil from Nov. 2024 to Nov. 2025 .

Carnival's Total Inventories for the quarter that ended in Feb. 2026 was MXN8,783 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Carnival's Days Inventory for the quarter that ended in Feb. 2026 was 10.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Carnival's Inventory Turnover for the quarter that ended in Feb. 2026 was 8.85.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Carnival's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.08.


Carnival  (MEX:CCL) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Carnival's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=9017.134/79817.945*365 / 4
=10.31

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Carnival's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Carnival's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=9017.134 / 106165.616
=0.08

* 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.


Carnival Change In Inventory Related Terms


Carnival Change In Inventory Historical Data

* Premium members only.

The historical data trend for Carnival's Change In Inventory 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.

Carnival Change In Inventory Chart

Carnival Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,351.54 -1,839.77 -1,476.94 183.43 36.64

Carnival Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Change In Inventory Get a 7-Day Free Trial 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 -348.93 971.51 0.00 0.00 -51.66
MEX:CCL
76GF Score
Carnival PLC MEX:CCL
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carnival Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN920 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of MXN920 Mil mean?
Carnival (MEX:CCL) has a Change In Inventory of MXN920 Mil as of Feb. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Carnival and its competitors.
Is Carnival's Change In Inventory too high?
Carnival's current Change In Inventory is MXN920 Mil. Overall, Carnival has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Carnival's Change In Inventory compare to CCL and VIK?
Carnival's Change In Inventory of MXN920 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Travel & Leisure company?
A good Change In Inventory depends on the Travel & Leisure industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Carnival and its competitors. Carnival's current Change In Inventory is MXN920 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carnival stock overvalued right now?
Carnival (MEX:CCL) has a current Change In Inventory of MXN920 Mil. The stock's GF Value™ is MXN352.19, compared to a current price of MXN438.26 — trading 24.4% above its estimated fair value. The current Change In Inventory is MXN920 Mil. Carnival's overall GF Score™ is 76/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Carnival (MEX:CCL), the current Change In Inventory is MXN920 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Carnival (MEX:CCL) Overvalued in 2026?

Based on GuruFocus' analysis, Carnival stock appears to be overvalued. The current stock price of MXN438.26 is trading 24.4% above its estimated GF Value™ of MXN352.19.

Key valuation signals for MEX:CCL:

  • Change In Inventory: MXN920 Mil
  • GF Value™: MXN352.19 vs. price of MXN438.26 (24.4% above fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the MEX:CCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carnival Business Description

Address Carnival House, 100 Harbour Parade, Southampton, Hampshire, GBR, S015 1ST
Carnival PLC is the largest global cruise company, with nearly 100 ships in service. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It recently folded its P&O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 14 million guests in 2025.
76GF Score

Get the complete analysis for MEX:CCL

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN438.26
Price
MXN352.19
GF Value