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Norwegian Cruise Line Holdings (WBO:NCLH) Total Inventories : €145 Mil (As of Mar. 2024)


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What is Norwegian Cruise Line Holdings Total Inventories?

Norwegian Cruise Line Holdings's total inventories for the quarter that ended in Mar. 2024 was €145 Mil. Norwegian Cruise Line Holdings's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was €145 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Norwegian Cruise Line Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-39.91.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Norwegian Cruise Line Holdings's Days Inventory for the three months ended in Mar. 2024 was 10.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Norwegian Cruise Line Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 was 8.81.

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. Norwegian Cruise Line Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.07.


Norwegian Cruise Line Holdings Total Inventories Historical Data

The historical data trend for Norwegian Cruise Line Holdings's Total Inventories can be seen below:

* 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.

* Premium members only.

Norwegian Cruise Line Holdings Total Inventories Chart

Norwegian Cruise Line Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.88 67.72 104.61 140.39 144.56

Norwegian Cruise Line Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 136.32 142.00 155.60 144.56 145.25

Norwegian Cruise Line Holdings Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Norwegian Cruise Line Holdings  (WBO:NCLH) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Norwegian Cruise Line Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

Net-Net Working Capital Per Share (Q: Mar. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(515.029+0.75 * 259.728+0.5 * 145.249-17906.049
-0-0)/429.026
=-39.91

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Norwegian Cruise Line Holdings's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=144.905/1276.429*365 / 4
=10.36

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Norwegian Cruise Line Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=1276.429 / 144.905
=8.81

4. 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.

Norwegian Cruise Line Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=144.905 / 2015.918
=0.07

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Norwegian Cruise Line Holdings Total Inventories Related Terms

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Norwegian Cruise Line Holdings (WBO:NCLH) Business Description

Traded in Other Exchanges
Address
7665 Corporate Center Drive, Miami, FL, USA, 33126
Norwegian Cruise Line is the world's third-largest cruise company by berths (at more than 66,000), operating 31 ships across three brands (Norwegian, Oceania, and Regent Seven Seas), offering both freestyle and luxury cruising. The company had redeployed its entire fleet as of May 2022. With six passenger vessels on order among its brands through 2028 (representing 16,500 incremental berths), Norwegian is increasing capacity faster than its peers, expanding its brand globally. Norwegian sails to around 700 global destinations.