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Darden Restaurants Inc's quarterly accounts payable & accrued expense declined from Aug. 2015 ($403 Mil) to Nov. 2015 ($351 Mil) but then increased from Nov. 2015 ($351 Mil) to Feb. 2016 ($401 Mil).
Darden Restaurants Inc's annual accounts payable & accrued expense declined from May. 2013 ($668 Mil) to May. 2014 ($561 Mil) and declined from May. 2014 ($561 Mil) to May. 2015 ($514 Mil).
Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.
Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.
It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Darden Restaurants Inc Annual Data
|Accounts Payable & Accrued Expense||448||406||432||676||604||635||611||668||561||514|
Darden Restaurants Inc Quarterly Data
|Accounts Payable & Accrued Expense||592||587||561||716||508||477||514||403||351||401|