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The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Norwegian Cruise Line Holdings's Revenue for the
three
months ended in Mar. 2026 was $2,331 Mil. Norwegian Cruise Line Holdings's average Accounts Receivable for the
three
months ended in Mar. 2026 was $284 Mil.
Hence, Norwegian Cruise Line Holdings's Receivables Turnover for the
three
months ended in Mar. 2026 was 8.20.
Norwegian Cruise Line Holdings (NYSE:NCLH) Receivables Turnover Explanation
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Norwegian Cruise Line Holdings Receivables Turnover Related Terms
Norwegian Cruise Line Holdings Receivables Turnover Historical Data
* 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.
Norwegian Cruise Line Holdings Receivables Turnover Chart
NCLH vs MMYT, GBTG, TNL: Receivables Turnover Comparison
For the Travel Services subindustry, Norwegian Cruise Line Holdings's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.
Norwegian Cruise Line Holdings Receivables Turnover vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Norwegian Cruise Line Holdings's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Norwegian Cruise Line Holdings's Receivables Turnover falls into.
* 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.
Norwegian Cruise Line Holdings (NCLH) has a Receivables Turnover of 8.20 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Norwegian Cruise Line Holdings and its competitors. According to the industry distribution chart, Norwegian Cruise Line Holdings ranks #179 out of 832 companies in the Travel & Leisure industry, placing it in the top 21.5%.
Is Norwegian Cruise Line Holdings' Receivables Turnover too high?
Norwegian Cruise Line Holdings' current Receivables Turnover is 8.20. The Travel & Leisure industry median Receivables Turnover is 14.10. Norwegian Cruise Line Holdings' value of 8.20 is 41.8% below this industry median. Based on the distribution chart, Norwegian Cruise Line Holdings ranks #179 out of 832 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Norwegian Cruise Line Holdings has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Cruise Line Holdings' Receivables Turnover compare to MMYT and GBTG?
According to the Travel & Leisure industry distribution chart, Norwegian Cruise Line Holdings ranks #179 out of 832 companies for Receivables Turnover. This places Norwegian Cruise Line Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 14.10. Norwegian Cruise Line Holdings' value of 8.20 is 41.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Travel & Leisure company?
The median Receivables Turnover among Travel & Leisure companies is 14.10, based on 832 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norwegian Cruise Line Holdings's current Receivables Turnover of 8.20 is 41.8% 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Norwegian Cruise Line Holdings and its competitors. For the Travel & Leisure industry, the median Receivables Turnover is 14.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norwegian Cruise Line Holdings's current Receivables Turnover is 8.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwegian Cruise Line Holdings stock overvalued right now?
Based on GuruFocus' analysis, Norwegian Cruise Line Holdings (NCLH) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.03, compared to a current price of $19.39 — trading 12% below its estimated fair value. The current Receivables Turnover is 8.20 and 41.8% below the Travel & Leisure industry median of 14.10. Norwegian Cruise Line Holdings' overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Norwegian Cruise Line Holdings (NCLH), the current Receivables Turnover is 8.20 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 Norwegian Cruise Line Holdings (NCLH) Overvalued in 2026?
Based on GuruFocus' analysis, Norwegian Cruise Line Holdings stock appears to be undervalued.
The current stock price of $19.39 is trading 12% below its estimated GF Value™ of $22.03.
GuruFocus considers Norwegian Cruise Line Holdings to be Modestly Undervalued.
Key valuation signals for NCLH:
Receivables Turnover: 8.20
GF Value™: $22.03 vs. price of $19.39 (12% below fair value)
Industry Position: 41.8% below the Travel & Leisure median (#179 of 832)
No single metric tells the full story. See the NCLH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norwegian Cruise Line Holdings Business Description
Norwegian Cruise Line is the world's third-largest publicly traded cruise company by berths (around 75,000). It operates 35 ships across three brands—Norwegian, Oceania, and Regent Seven Seas—offering both freestyle and luxury cruising. The company redeployed its entire fleet as of May 2022. With 16 passenger vessels on order among its brands through 2037, representing 43,000 incremental berths, Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.
77GF Score
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