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Darden Restaurants Inc (NYSE:DRI)
Accounts Payable
$423 Mil (As of May. 2014)

Darden Restaurants Inc's quarterly accounts payable declined from Nov. 2013 ($592 Mil) to Feb. 2014 ($587 Mil) and declined from Feb. 2014 ($587 Mil) to May. 2014 ($423 Mil).

Darden Restaurants Inc's annual accounts payable increased from May. 2012 ($611 Mil) to May. 2013 ($668 Mil) but then declined from May. 2013 ($668 Mil) to May. 2014 ($423 Mil).


Definition

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Darden Restaurants Inc Annual Data

May05May06May07May08May09May10May11May12May13May14
Accts Payable 402448406432676604635611668423

Darden Restaurants Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
Accts Payable 611568511543668622592587423720
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