CCL (Carnival) Days Sales Outstanding: 8.87 (As of May. 2026) — Near Median

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CCL Carnival Corporation Ltd CCL
79 GF Score
Price $22.32
GF Value $24.35
Valuation Fairly Valued
! 4 Warning Signs
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What is Carnival Days Sales Outstanding?

Carnival CCL +2.17% 79 Days Sales Outstanding is 8.87 as of May. 2026, which is 8% above its 10-year median of 8.20. GuruFocus rates CCL with a GF Score™ of 79/100 and a GF Value™ of $24.35 (Fairly Valued). The stock has 4 warning signs investors should review. Among 826 Travel & Leisure companies, Carnival ranks better than 81.23% on this metric.

Carnival's average Accounts Receivable for the three months ended in May. 2026 was $648 Mil. Carnival's Revenue for the three months ended in May. 2026 was $6,663 Mil. Hence, Carnival's Days Sales Outstanding for the three months ended in May. 2026 was 8.87.

The historical rank and industry rank for Carnival's Days Sales Outstanding or its related term are showing as below:

CCL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.36   Med: 8.2   Max: 49.64
Current: 8.54

During the past 13 years, Carnival's highest Days Sales Outstanding was 49.64. The lowest was 6.36. And the median was 8.20.

CCL's Days Sales Outstanding is ranked better than
81.23% of 826 companies
in the Travel & Leisure industry
Industry Median: 25.605 vs CCL: 8.54

Carnival's Days Sales Outstanding increased from May. 2025 (8.02) to May. 2026 (8.87).


Carnival  (NYSE:CCL) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Carnival Days Sales Outstanding Related Terms


Carnival Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Carnival's Days Sales Outstanding 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 Days Sales Outstanding Chart

Carnival Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.64 9.61 8.04 8.36 8.69

Carnival Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Days Sales Outstanding 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 8.02 6.83 9.58 9.92 8.87

CCL vs TCOM, VIK, EXPE: Days Sales Outstanding Comparison

For the Travel Services subindustry, Carnival's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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 Sales Outstanding vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Carnival's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Carnival's Days Sales Outstanding falls into.


CCL
79GF Score
Carnival Corporation Ltd CCL
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Carnival Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Carnival's Days Sales Outstanding for the fiscal year that ended in Nov. 2025 is calculated as

Days Sales Outstanding (A: Nov. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2024 ) + Accounts Receivable (A: Nov. 2025 )) / count ) / Revenue (A: Nov. 2025 )*Days in Period
=( (590 + 678) / 2 ) / 26622*365
=634 / 26622*365
=8.69

Carnival's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding (Q: May. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Feb. 2026 ) + Accounts Receivable (A: May. 2026 )) / count ) / Revenue (A: May. 2026 )*Days in Period
=( (663 + 633) / 2 ) / 6663*365 / 4
=648 / 6663*365 / 4
=8.87

* 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 Sales Outstanding →
What does a Days Sales Outstanding of 8.87 mean?
Carnival (CCL) has a Days Sales Outstanding of 8.87 as of May. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Carnival and its competitors. This is near median its historical median of 8.20. Over the past decade, Carnival's Days Sales Outstanding has ranged from 6.36 to 49.64. According to the industry distribution chart, Carnival ranks #155 out of 826 companies in the Travel & Leisure industry, placing it in the top 18.8%.
Is Carnival's Days Sales Outstanding too high?
Carnival's current Days Sales Outstanding of 8.87 is near median its 10-year median of 8.20. Over the past 10 years, this metric has ranged from a low of 6.36 to a high of 49.64. The Travel & Leisure industry median Days Sales Outstanding is 25.61. Carnival's value of 8.87 is 65.4% below this industry median. Based on the distribution chart, Carnival ranks #155 out of 826 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Carnival has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Carnival's Days Sales Outstanding compare to TCOM and VIK?
According to the Travel & Leisure industry distribution chart, Carnival ranks #155 out of 826 companies for Days Sales Outstanding. This places Carnival in the top 19% of its industry — outperforming the majority of peers. The industry median Days Sales Outstanding is 25.61. Carnival's value of 8.87 is 65.4% below this benchmark. Historically, Carnival's own Days Sales Outstanding has ranged from 6.36 to 49.64 over the past decade. While the company's 10-year median is 8.20 vs. the industry median of 25.61, 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 Sales Outstanding for a Travel & Leisure company?
The median Days Sales Outstanding among Travel & Leisure companies is 25.61, based on 826 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carnival's current Days Sales Outstanding of 8.87 is 65.4% 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 Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Carnival and its competitors. For the Travel & Leisure industry, the median Days Sales Outstanding is 25.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carnival's current Days Sales Outstanding is 8.87, which is near median its own 10-year median of 8.20. 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?
Based on GuruFocus' analysis, Carnival (CCL) is currently considered Fairly Valued. The stock's GF Value™ is $24.35, compared to a current price of $22.32 — trading 8.4% below its estimated fair value. The current Days Sales Outstanding is 8.87, which is near median its 10-year median of 8.20 and 65.4% below the Travel & Leisure industry median of 25.61. Carnival's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Carnival (CCL), the current Days Sales Outstanding is 8.87 as of May. 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 (CCL) Overvalued in 2026?

Based on GuruFocus' analysis, Carnival stock appears to be undervalued. The current stock price of $22.32 is trading 8.4% below its estimated GF Value™ of $24.35. GuruFocus considers Carnival to be Fairly Valued.

Key valuation signals for CCL:

  • Days Sales Outstanding: 8.87 (near median its 10-year median of 8.20)
  • GF Value™: $24.35 vs. price of $22.32 (8.4% below fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 65.4% below the Travel & Leisure median (#155 of 826)

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


Carnival Business Description

Address 3655 N.W. 87th Avenue, Miami, FL, USA, 33178-2428
Carnival 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.
79GF Score

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

$22.32
Price
$24.35
GF Value