RCL (Royal Caribbean Group) Inventory Turnover: 8.40 (As of Mar. 2026)

What is Royal Caribbean Group Inventory Turnover?

Royal Caribbean Group RCL -3.54% 83 Inventory Turnover is 8.40 as of Mar. 2026. GuruFocus rates RCL with a GF Score™ of 83/100 and a GF Value™ of $247.23 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Royal Caribbean Group's Cost of Goods Sold for the three months ended in Mar. 2026 was $2,247 Mil. Royal Caribbean Group's Average Total Inventories for the quarter that ended in Mar. 2026 was $268 Mil. Royal Caribbean Group's Inventory Turnover for the quarter that ended in Mar. 2026 was 8.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Royal Caribbean Group's Days Inventory for the three months ended in Mar. 2026 was 10.86.

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. Royal Caribbean Group's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.06.

Royal Caribbean Group (NYSE:RCL) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Royal Caribbean Group's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	267.5	/	2247	*	365 / 4
	=	10.86

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.

Royal Caribbean Group's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	267.5	/	4452
	=	0.06

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Royal Caribbean Group Inventory Turnover Related Terms

Royal Caribbean Group Inventory Turnover Historical Data

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The historical data trend for Royal Caribbean Group's Inventory Turnover can be seen below:

Royal Caribbean Group Inventory Turnover Chart

Royal Caribbean Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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20.37

35.36

32.94

33.73

34.34

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
Inventory Turnover	Get a 7-Day Free Trial															7.98	9.08	9.61	8.41	8.40

83GF Score

Royal Caribbean Group RCL

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Royal Caribbean Group Inventory Turnover Calculation

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

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	9083	/ (	(265	+	264)	/	2 )
=	9083	/	264.5
=	34.34

Royal Caribbean Group's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	2247	/ (	(264	+	271)	/	2 )
=	2247	/	267.5
=	8.40

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 8.40 mean?

Royal Caribbean Group (RCL) has a Inventory Turnover of 8.40 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Royal Caribbean Group and its competitors.

Is Royal Caribbean Group's Inventory Turnover too high?

Royal Caribbean Group's current Inventory Turnover is 8.40. Overall, Royal Caribbean Group has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Royal Caribbean Group's Inventory Turnover compare to ABNB and VIK?

Royal Caribbean Group's Inventory Turnover of 8.40 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Inventory Turnover for a Travel & Leisure company?

A good Inventory Turnover depends on the Travel & Leisure industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Royal Caribbean Group and its competitors. Royal Caribbean Group's current Inventory Turnover is 8.40. 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 $306.30 — trading 23.9% above its estimated fair value. The current Inventory Turnover is 8.40. Royal Caribbean Group's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Royal Caribbean Group (RCL), the current Inventory Turnover is 8.40 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 $306.30 is trading 23.9% above its estimated GF Value™ of $247.23. GuruFocus considers Royal Caribbean Group to be Modestly Overvalued.

Key valuation signals for RCL:

Inventory Turnover: 8.40
GF Value™: $247.23 vs. price of $306.30 (23.9% above fair value)
GF Score™: 83/100 with 4 warning signs

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

Industry Consumer Cyclical Travel & Leisure

Comparable Companies ABNB VIK CCL EXPE BKNG TCOM NCLH MMYT GBTG TNL XTER:TUI1 BOM:542830 HKSE:00780 LSE:JET2 LIND XMAD:HBX ASX:FLT NSE:TBOTEK TRIP PRSU

Other Exchanges RCL:Mexico 0I1W:UK RC8:Germany R1CL34:Brazil

Address 1050 Caribbean Way, Miami, FL, USA, 33132

Website https://www.royalcaribbeangroup.com

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.

83GF Score

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$306.30

Price

$247.23

GF Value

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