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Darden Restaurants Inc (NYSE:DRI)
Days Payable
16.41 (As of May. 2014)

Darden Restaurants Inc's payable for the three months ended in May. 2014 was $298 Mil. Darden Restaurants Inc's revenue for the three months ended in May. 2014 was $1,650 Mil. Hence, Darden Restaurants Inc's days payable for the three months ended in May. 2014 was 16.41.

Darden Restaurants Inc's days payable increased from May. 2013 (0.00) to May. 2014 (16.41). It may suggest that Darden Restaurants Inc delayed paying its suppliers.


Definition

Days Payable indicates the number of days that the account payable relative to revenue the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Darden Restaurants Inc's Days Payable for the fiscal year that ended in May. 2014 is calculated as

Days Payable=Payable/Revenue*Days in Period
=297.6/6285.6*365
=17.28

Darden Restaurants Inc's Days Payable for the quarter that ended in May. 2014 is calculated as:

Days Payable=Payable/Revenue*Days in Period
=297.6/1650.1*91
=16.41

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


Related Terms

Revenue


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
DaysPayable 13.2214.5411.6716.6818.1118.5218.8017.4228.0417.28

Darden Restaurants Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
DaysPayable 16.8219.4617.4616.420.0020.2619.8217.7916.4135.28
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