Carnival (MEX:CCL) Inventory Turnover: 8.85 (As of Feb. 2026)

What is Carnival Inventory Turnover?

Carnival MEX:CCL 76 Inventory Turnover is 8.85 as of Feb. 2026. 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.

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. Carnival's Cost of Goods Sold for the three months ended in Feb. 2026 was MXN79,818 Mil. Carnival's Average Total Inventories for the quarter that ended in Feb. 2026 was MXN9,017 Mil. Carnival's Inventory Turnover for the quarter that ended in Feb. 2026 was 8.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Carnival's Days Inventory for the three months ended in Feb. 2026 was 10.31.

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. Carnival's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.08.

Carnival (MEX:CCL) 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.

Carnival's Days Inventory for the three months ended in Feb. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2026 )	/	Cost of Goods Sold (Q: Feb. 2026 )	*	Days in Period
	=	9017.134	/	79817.945	*	365 / 4
	=	10.31

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.

Carnival's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2026 )	/	Revenue (Q: Feb. 2026 )
	=	9017.134	/	106165.616
	=	0.08

* 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.

Carnival Inventory Turnover Related Terms

Carnival Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Carnival's Inventory Turnover can be seen below:

Carnival Inventory Turnover Chart

Carnival Annual Data

Trend

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Nov25

Inventory Turnover

Get a 7-Day Free Trial

20.54

34.13

33.21

38.02

35.05

Carnival Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
Inventory Turnover	Get a 7-Day Free Trial															8.65	8.95	10.57	9.33	8.85

76GF Score

Carnival PLC MEX:CCL

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

View Full Analysis

Carnival Inventory Turnover Calculation

Carnival's Inventory Turnover for the fiscal year that ended in Nov. 2025 is calculated as

	Inventory Turnover (A: Nov. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2025 )	/ (	(Total Inventories (A: Nov. 2024 )	+	Total Inventories (A: Nov. 2025 ))	/	count )
=	343265.943	/ (	(10333.038	+	9251.711)	/	2 )
=	343265.943	/	9792.3745
=	35.05

Carnival's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

	Inventory Turnover (Q: Feb. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2026 )	/ (	(Total Inventories (Q: Nov. 2025 )	+	Total Inventories (Q: Feb. 2026 ))	/	count )
=	79817.945	/ (	(9251.711	+	8782.557)	/	2 )
=	79817.945	/	9017.134
=	8.85

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 8.85 mean?

Carnival (MEX:CCL) has a Inventory Turnover of 8.85 as of Feb. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Carnival and its competitors.

Is Carnival's Inventory Turnover too high?

Carnival's current Inventory Turnover is 8.85. Overall, Carnival has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.

How does Carnival's Inventory Turnover compare to CCL and VIK?

Carnival's Inventory Turnover of 8.85 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 Carnival and its competitors. Carnival's current Inventory Turnover is 8.85. 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 Inventory Turnover of 8.85. 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 Inventory Turnover is 8.85. 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 Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Carnival (MEX:CCL), the current Inventory Turnover is 8.85 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:

Inventory Turnover: 8.85
GF Value™: MXN352.19 vs. price of MXN438.26 (24.4% above fair value)
GF Score™: 76/100 with 3 warning signs

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 Business Description

Industry Consumer Cyclical Travel & Leisure

Comparable Companies CCL VIK TCOM EXPE NCLH GBTG TNL MMYT LIND PRSU BKNG ABNB RCL STU:POH1 HKSE:00780 BOM:542830 XTER:TUI1 LSE:JET2 XMAD:HBX SAU:1810

Address Carnival House, 100 Harbour Parade, Southampton, Hampshire, GBR, S015 1ST

Website https://www.carnivalplc.com

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

Get the complete analysis for MEX:CCL

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

MXN438.26

Price

MXN352.19

GF Value

View MEX:CCL Analysis

See Inventory Turnover data for all stocks →