CarnivalMEX:CCL 76 Days Payable is 25.26 as of Feb. 2026, which is 9% above its 10-year median of 23.12. 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. Among 781 Travel & Leisure companies, Carnival ranks worse than 78.75% on this metric.
Carnival's average Accounts Payable for the
three
months ended in Feb. 2026 was MXN22,098 Mil. Carnival's Cost of Goods Sold for the
three
months ended in Feb. 2026 was MXN79,818 Mil.
Hence, Carnival's Days Payable for the
three
months ended in Feb. 2026 was 25.26.
The historical rank and industry rank for Carnival's Days Payable or its related term are showing as below:
MEX:CCL'
s Days Payable Range Over the Past 10 Years
Min: 18 Med: 23.12 Max: 37.66
Current: 22.92
During the past 13 years, Carnival's highest Days Payable was 37.66. The lowest was 18.00. And the median was 23.12.
MEX:CCL's Days Payable is ranked worse than 78.75% of 781
companies
in the Travel & Leisure industry
Industry Median: 56.37
vs MEX:CCL: 22.92
Carnival's Days Payable
increased
from Feb. 2025 (22.87) to Feb. 2026 (25.26).
It may suggest that Carnivaldelayed paying its suppliers.
Carnival Days Payable Related Terms
Carnival Days Payable Historical Data
* Premium members only.
The historical data trend for Carnival'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.
MEX:CCL vs CCL, VIK, TCOM: Days Payable Comparison
For the Travel Services subindustry, Carnival'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.
Carnival Days Payable vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Carnival's Days Payable distribution charts can be found below:
* The bar in red indicates where Carnival's Days Payable falls into.
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.
Carnival's Days Payable for the fiscal year that ended in Nov. 2025 is calculated as
* 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 (MEX:CCL) has a Days Payable of 25.26 as of Feb. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Carnival and its competitors. This is near median its historical median of 23.12. Over the past decade, Carnival's Days Payable has ranged from 18.00 to 37.66. According to the industry distribution chart, Carnival ranks #615 out of 781 companies in the Travel & Leisure industry, placing it in the top 78.7%.
Is Carnival's Days Payable too high?
Carnival's current Days Payable of 25.26 is near median its 10-year median of 23.12. Over the past 10 years, this metric has ranged from a low of 18.00 to a high of 37.66. The Travel & Leisure industry median Days Payable is 56.37. Carnival's value of 25.26 is 55.2% below this industry median. Based on the distribution chart, Carnival ranks #615 out of 781 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Carnival has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Carnival's Days Payable compare to CCL and VIK?
According to the Travel & Leisure industry distribution chart, Carnival ranks #615 out of 781 companies for Days Payable. This places Carnival in the lower half of its industry. The industry median Days Payable is 56.37. Carnival's value of 25.26 is 55.2% below this benchmark. Historically, Carnival's own Days Payable has ranged from 18.00 to 37.66 over the past decade. While the company's 10-year median is 23.12 vs. the industry median of 56.37, Carnival 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 56.37, 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. Carnival's current Days Payable of 25.26 is 55.2% 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 Carnival and its competitors. For the Travel & Leisure industry, the median Days Payable is 56.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carnival's current Days Payable is 25.26, which is near median its own 10-year median of 23.12. 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 Days Payable of 25.26. 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 Days Payable is 25.26, which is near median its 10-year median of 23.12 and 55.2% below the Travel & Leisure industry median of 56.37. 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 Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Carnival (MEX:CCL), the current Days Payable is 25.26 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:
Days Payable: 25.26 (near median its 10-year median of 23.12)
GF Value™: MXN352.19 vs. price of MXN438.26 (24.4% above fair value)
Industry Position: 55.2% below the Travel & Leisure median (#615 of 781)
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 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
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