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Norwegian Cruise Line Holdings (MEX:NCLH) Days Inventory : 8.44 (As of Sep. 2024)


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What is Norwegian Cruise Line Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Norwegian Cruise Line Holdings's Average Total Inventories for the three months ended in Sep. 2024 was MXN2,801 Mil. Norwegian Cruise Line Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was MXN30,302 Mil. Hence, Norwegian Cruise Line Holdings's Days Inventory for the three months ended in Sep. 2024 was 8.44.

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

MEX:NCLH' s Days Inventory Range Over the Past 10 Years
Min: 7.88   Med: 9.36   Max: 22.76
Current: 9.94

During the past 13 years, Norwegian Cruise Line Holdings's highest Days Inventory was 22.76. The lowest was 7.88. And the median was 9.36.

MEX:NCLH's Days Inventory is ranked better than
70.43% of 673 companies
in the Travel & Leisure industry
Industry Median: 33.57 vs MEX:NCLH: 9.94

Norwegian Cruise Line Holdings's Days Inventory declined from Sep. 2023 (9.77) to Sep. 2024 (8.44).

Inventory Turnover measures how fast the company turns over its inventory within a year. Norwegian Cruise Line Holdings's Inventory Turnover for the three months ended in Sep. 2024 was 10.82.

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. Norwegian Cruise Line Holdings's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.05.


Norwegian Cruise Line Holdings Days Inventory Historical Data

The historical data trend for Norwegian Cruise Line Holdings's Days 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.

* Premium members only.

Norwegian Cruise Line Holdings Days Inventory Chart

Norwegian Cruise Line Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.43 18.63 22.48 11.68 10.96

Norwegian Cruise Line Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days 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 9.77 11.32 10.49 9.19 8.44

Competitive Comparison of Norwegian Cruise Line Holdings's Days Inventory

For the Travel Services subindustry, Norwegian Cruise Line Holdings's Days Inventory, along with its competitors' market caps and Days Inventory 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's Days Inventory Distribution in the Travel & Leisure Industry

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

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



Norwegian Cruise Line Holdings Days Inventory Calculation

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

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

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (2899.387 + 2675.922) / 2 ) / 92825.152*365
=2787.6545 / 92825.152*365
=10.96

Norwegian Cruise Line Holdings's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (2746.751 + 2856.196) / 2 ) / 30302.171*365 / 4
=2801.4735 / 30302.171*365 / 4
=8.44

* 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.


Norwegian Cruise Line Holdings  (MEX:NCLH) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

Norwegian Cruise Line Holdings's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

2. 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.

Norwegian Cruise Line Holdings's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2801.4735 / 55262.363
=0.05

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Norwegian Cruise Line Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of Norwegian Cruise Line Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Norwegian Cruise Line Holdings Business Description

Address
7665 Corporate Center Drive, Miami, FL, USA, 33126
Norwegian Cruise Line is the world's third-largest publicly traded cruise company by berths (around 66,500). It operates 32 ships across three brands—Norwegian, Oceania, and Regent Seven Seas—offering both freestyle and luxury cruising. The company redeployed its entire fleet as of May 2022. With 13 passenger vessels on order among its brands through 2036, representing 41,000 incremental berths, Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.