Carnival Corporation (CCL)
Payables turnover
| Nov 30, 2023 | Nov 30, 2022 | Nov 30, 2021 | Nov 30, 2020 | Nov 30, 2019 | ||
|---|---|---|---|---|---|---|
| Cost of revenue | US$ in thousands | 14,317,000 | 11,757,000 | 4,952,000 | 8,182,000 | 12,909,000 |
| Payables | US$ in thousands | 1,168,000 | 1,050,000 | 797,000 | 624,000 | 756,000 |
| Payables turnover | 12.26 | 11.20 | 6.21 | 13.11 | 17.08 |
November 30, 2023 calculation
Payables turnover = Cost of revenue ÷ Payables
= $14,317,000K ÷ $1,168,000K
= 12.26
I'm sorry, but the payables turnover ratio for Carnival Corp. appears to be missing or zero for all the years provided. Without the actual turnover ratios, it is not possible to analyze the trend or make any meaningful interpretations. It is recommended to verify the data and ensure that the payables turnover ratios are accurately calculated for the respective years in order to conduct a comprehensive analysis.
Peer comparison
Nov 30, 2023
Company name
Symbol
Payables turnover
Carnival Corporation
CCL
12.26
Kirby Corporation
KEX
1.27
Matson Inc
MATX
—
Norwegian Cruise Line Holdings Ltd
NCLH
43.70
Royal Caribbean Cruises Ltd
RCL
14.63
Tidewater Inc
TDW
18.62