Royal Caribbean Group (BSP:R1CL34) Change In Receivables : R$-402 Mil (TTM As of Mar. 2024)

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What is Royal Caribbean Group Change In Receivables?

Royal Caribbean Group's change in receivables for the quarter that ended in Mar. 2024 was R$-284 Mil. It means Royal Caribbean Group's Accounts Receivable increased by R$284 Mil from Dec. 2023 to Mar. 2024 .

Royal Caribbean Group's change in receivables for the fiscal year that ended in Dec. 2023 was R$485 Mil. It means Royal Caribbean Group's Accounts Receivable declined by R$485 Mil from Dec. 2022 to Dec. 2023 .

Royal Caribbean Group's Accounts Receivable for the quarter that ended in Mar. 2024 was R$2,266 Mil.

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 Receivable are being managed. Royal Caribbean Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 11.14.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Royal Caribbean Group's liquidation value for the three months ended in Mar. 2024 was R$-144,259 Mil.

Royal Caribbean Group Change In Receivables Historical Data

The historical data trend for Royal Caribbean Group's Change In Receivables 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.

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Royal Caribbean Group Change In Receivables Chart

Royal Caribbean Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-40.63

622.79

-1,029.19

-1,227.42

485.08

Royal Caribbean Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															640.66	43.03	-3.29	-157.77	-283.85

Royal Caribbean Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-402 Mil.

Royal Caribbean Group (BSP:R1CL34) Change In Receivables 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 Receivable are being managed.

Royal Caribbean Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2265.809	/	18564.694	*	91
=	11.14

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

Royal Caribbean Group's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2176.173	-	148721.727	+	0.75 * 2265.809	+	0.5 * 1175.233
=	-144,259

Royal Caribbean Group Change In Receivables Related Terms

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Royal Caribbean Group (BSP:R1CL34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Royal Caribbean Group (BSP:R1CL34) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

RCL:USA RCL:Mexico RC8:Germany

Address

1050 Caribbean Way, Miami, FL, USA, 33132

Website

https://www.rclcorporate.com

Royal Caribbean is the world's second-largest cruise company, operating 64 ships across five global and partner brands in the cruise vacation industry, with 10 more ships on order. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. The selection of brands in the portfolio allows Royal to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in the first quarter of 2021.

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