Carnival Corporation (CCL)

Activity ratios

	Aug 31, 2025	May 31, 2025	Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020
Inventory turnover	33.41	33.17	30.31	30.85	31.37	29.57	27.71	27.12	29.72	31.53	29.10	27.47	23.61	19.18	15.69	13.08	10.93	11.21	16.85	24.61
Receivables turnover	40.29	45.64	46.82	42.41	38.73	47.45	35.04	38.84	41.31	38.95	29.14	30.81	26.71	16.31	13.13	7.76	2.33	0.64	3.32	20.49
Payables turnover	13.53	13.18	14.39	13.80	14.53	14.16	13.34	12.26	13.01	13.26	12.76	11.20	10.78	8.94	7.97	5.84	5.24	6.92	10.41	13.21
Working capital turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.10	0.22	2.98

		Aug 31, 2025	May 31, 2025	Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020
Days of inventory on hand (DOH)	days	10.92	11.00	12.04	11.83	11.63	12.34	13.17	13.46	12.28	11.57	12.54	13.29	15.46	19.03	23.27	27.91	33.38	32.55	21.66	14.83
Days of sales outstanding (DSO)	days	9.06	8.00	7.80	8.61	9.42	7.69	10.42	9.40	8.83	9.37	12.52	11.85	13.66	22.37	27.80	47.06	156.83	572.45	109.94	17.81
Number of days of payables	days	26.98	27.70	25.36	26.44	25.11	25.78	27.37	29.78	28.05	27.54	28.61	32.60	33.87	40.83	45.82	62.49	69.66	52.73	35.06	27.62

	Aug 31, 2025	May 31, 2025	Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Nov 30, 2023	Aug 31, 2023	May 31, 2023	Feb 28, 2023	Nov 30, 2022	Aug 31, 2022	May 31, 2022	Feb 28, 2022	Nov 30, 2021	Aug 31, 2021	May 31, 2021	Feb 28, 2021	Nov 30, 2020
Fixed asset turnover	0.59	0.59	0.59	0.58	—	—	—	0.52	0.49	0.43	0.37	0.31	0.24	0.15	0.09	0.05	0.02	0.00	0.02	0.15
Total asset turnover	0.52	0.51	0.52	0.51	0.49	0.47	0.45	0.44	0.40	0.34	0.29	0.24	0.19	0.11	0.07	0.04	0.01	0.00	0.01	0.10