RCL (Royal Caribbean Group) Days Payable: 39.86 (As of Mar. 2026) — 20% Above Median


RCL Royal Caribbean Group RCL
81 GF Score
Price $318.13
GF Value $247.23
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Royal Caribbean Group Days Payable?

Royal Caribbean Group RCL -1.40% 81 Days Payable is 39.86 as of Mar. 2026, which is 20% above its 10-year median of 33.35. GuruFocus rates RCL with a GF Score™ of 81/100 and a GF Value™ of $247.23 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 781 Travel & Leisure companies, Royal Caribbean Group ranks worse than 65.56% on this metric.

Royal Caribbean Group's average Accounts Payable for the three months ended in Mar. 2026 was $982 Mil. Royal Caribbean Group's Cost of Goods Sold for the three months ended in Mar. 2026 was $2,247 Mil. Hence, Royal Caribbean Group's Days Payable for the three months ended in Mar. 2026 was 39.86.

The historical rank and industry rank for Royal Caribbean Group's Days Payable or its related term are showing as below:

RCL' s Days Payable Range Over the Past 10 Years
Min: 22.1   Med: 33.35   Max: 60.53
Current: 37.14

During the past 13 years, Royal Caribbean Group's highest Days Payable was 60.53. The lowest was 22.10. And the median was 33.35.

RCL's Days Payable is ranked worse than
65.56% of 781 companies
in the Travel & Leisure industry
Industry Median: 56.32 vs RCL: 37.14

Royal Caribbean Group's Days Payable declined from Mar. 2025 (41.17) to Mar. 2026 (39.86). It may suggest that Royal Caribbean Group accelerated paying its suppliers.


Royal Caribbean Group Days Payable Historical Data

* Premium members only.

The historical data trend for Royal Caribbean Group'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.

Royal Caribbean Group Days Payable Chart

Royal Caribbean Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.93 32.91 33.78 36.09 37.61

Royal Caribbean Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable 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 41.17 38.27 32.88 36.26 39.86

RCL vs ABNB, VIK, CCL: Days Payable Comparison

For the Travel Services subindustry, Royal Caribbean Group'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.


Royal Caribbean Group Days Payable vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Royal Caribbean Group's Days Payable distribution charts can be found below:

* The bar in red indicates where Royal Caribbean Group's Days Payable falls into.


RCL
81GF Score
Royal Caribbean Group RCL
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Royal Caribbean Group 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.

Royal Caribbean Group's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (919 + 953) / 2 ) / 9083*365
=936 / 9083*365
=37.61

Royal Caribbean Group's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (953 + 1010) / 2 ) / 2247*365 / 4
=981.5 / 2247*365 / 4
=39.86

* 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 Days Payable →
What does a Days Payable of 39.86 mean?
Royal Caribbean Group (RCL) has a Days Payable of 39.86 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Royal Caribbean Group and its competitors. This is 20% above median its historical median of 33.35. Over the past decade, Royal Caribbean Group's Days Payable has ranged from 22.10 to 60.53. According to the industry distribution chart, Royal Caribbean Group ranks #512 out of 781 companies in the Travel & Leisure industry, placing it in the top 65.6%.
Is Royal Caribbean Group's Days Payable too high?
Royal Caribbean Group's current Days Payable of 39.86 is 20% above median its 10-year median of 33.35. Over the past 10 years, this metric has ranged from a low of 22.10 to a high of 60.53. The Travel & Leisure industry median Days Payable is 56.32. Royal Caribbean Group's value of 39.86 is 29.2% below this industry median. Based on the distribution chart, Royal Caribbean Group ranks #512 out of 781 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Royal Caribbean Group has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal Caribbean Group's Days Payable compare to ABNB and VIK?
According to the Travel & Leisure industry distribution chart, Royal Caribbean Group ranks #512 out of 781 companies for Days Payable. This places Royal Caribbean Group in the lower half of its industry. The industry median Days Payable is 56.32. Royal Caribbean Group's value of 39.86 is 29.2% below this benchmark. Historically, Royal Caribbean Group's own Days Payable has ranged from 22.10 to 60.53 over the past decade. While the company's 10-year median is 33.35 vs. the industry median of 56.32, Royal Caribbean Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Travel & Leisure company?
The median Days Payable among Travel & Leisure companies is 56.32, based on 781 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Royal Caribbean Group's current Days Payable of 39.86 is 29.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Royal Caribbean Group and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Caribbean Group's current Days Payable is 39.86, which is 20% above median its own 10-year median of 33.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Caribbean Group stock overvalued right now?
Based on GuruFocus' analysis, Royal Caribbean Group (RCL) is currently considered Modestly Overvalued. The stock's GF Value™ is $247.23, compared to a current price of $318.13 — trading 28.7% above its estimated fair value. The current Days Payable is 39.86, which is 20% above median its 10-year median of 33.35 and 29.2% below the Travel & Leisure industry median of 56.32. Royal Caribbean Group's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Royal Caribbean Group (RCL), the current Days Payable is 39.86 as of Mar. 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 Royal Caribbean Group (RCL) Overvalued in 2026?

Based on GuruFocus' analysis, Royal Caribbean Group stock appears to be overvalued. The current stock price of $318.13 is trading 28.7% above its estimated GF Value™ of $247.23. GuruFocus considers Royal Caribbean Group to be Modestly Overvalued.

Key valuation signals for RCL:

  • Days Payable: 39.86 (20% above median its 10-year median of 33.35)
  • GF Value™: $247.23 vs. price of $318.13 (28.7% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 29.2% below the Travel & Leisure median (#512 of 781)

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


Royal Caribbean Group Business Description

Address 1050 Caribbean Way, Miami, FL, USA, 33132
Royal Caribbean is the world's second-largest cruise company by revenues, operating 69 ships across five global and partner brands in the cruise vacation industry. 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 2021, plans to launch its new Celebrity River Cruise brand in 2027, and is set to operate eight private destination locations by 2028.
81GF Score

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

$318.13
Price
$247.23
GF Value