Norwegian Payables Turnover from 2010 to 2024

NCLH Stock  USD 26.89  0.03  0.11%   
Norwegian Cruise's Payables Turnover is increasing with very volatile movements from year to year. Payables Turnover is predicted to flatten to 21.83. Payables Turnover is a liquidity ratio that shows how quickly Norwegian Cruise Line pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
31.36772821
Current Value
21.83
Quarterly Volatility
18.73931522
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Norwegian Cruise financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Norwegian Cruise's main balance sheet or income statement drivers, such as Depreciation And Amortization of 913.9 M, Interest Expense of 390.4 M or Total Revenue of 9 B, as well as many indicators such as Price To Sales Ratio of 0.95, Dividend Yield of 0.0 or PTB Ratio of 29.69. Norwegian financial statements analysis is a perfect complement when working with Norwegian Cruise Valuation or Volatility modules.
  
Check out the analysis of Norwegian Cruise Correlation against competitors.

Latest Norwegian Cruise's Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Norwegian Cruise Line over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Norwegian Cruise's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Norwegian Cruise's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover10 Years Trend
Very volatile
   Payables Turnover   
       Timeline  

Norwegian Payables Turnover Regression Statistics

Arithmetic Mean28.66
Geometric Mean24.10
Coefficient Of Variation65.39
Mean Deviation14.46
Median20.36
Standard Deviation18.74
Sample Variance351.16
Range68.1056
R-Value0
Mean Square Error378.17
R-Squared0.00000833
Significance0.99
Slope0.01
Total Sum of Squares4,916

Norwegian Payables Turnover History

2024 21.83
2023 31.37
2022 18.65
2021 6.9
2020 20.36
2019 36.35
2018 21.16

About Norwegian Cruise Financial Statements

Investors use fundamental indicators, such as Norwegian Cruise's Payables Turnover, to determine how well the company is positioned to perform in the future. Although Norwegian Cruise's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Payables Turnover 31.37  21.83 

Currently Active Assets on Macroaxis

When determining whether Norwegian Cruise Line offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Norwegian Cruise's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Norwegian Cruise Line Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Norwegian Cruise Line Stock:
Check out the analysis of Norwegian Cruise Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Hotels, Resorts & Cruise Lines space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Norwegian Cruise. If investors know Norwegian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Norwegian Cruise listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.34
Earnings Share
1.14
Revenue Per Share
21.674
Quarterly Revenue Growth
0.107
Return On Assets
0.044
The market value of Norwegian Cruise Line is measured differently than its book value, which is the value of Norwegian that is recorded on the company's balance sheet. Investors also form their own opinion of Norwegian Cruise's value that differs from its market value or its book value, called intrinsic value, which is Norwegian Cruise's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Norwegian Cruise's market value can be influenced by many factors that don't directly affect Norwegian Cruise's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Norwegian Cruise's value and its price as these two are different measures arrived at by different means. Investors typically determine if Norwegian Cruise is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Norwegian Cruise's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.