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Darden Restaurants Inc's account receivable for the three months ended in Nov. 2014 was $67 Mil. Darden Restaurants Inc's revenue for the three months ended in Nov. 2014 was $1,559 Mil. Hence, Darden Restaurants Inc's days sales outstanding for the three months ended in Nov. 2014 was 3.90.
Darden Restaurants Inc's days sales outstanding declined from Nov. 2013 (5.10) to Nov. 2014 (3.90).
Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.
Account receivable can be measured by Days Sales Outstanding.
Darden Restaurants Inc's Days Sales Outstanding for the fiscal year that ended in May. 2014 is calculated as
Darden Restaurants Inc's Days Sales Outstanding for the quarter that ended in Nov. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Darden Restaurants Inc Annual Data
Darden Restaurants Inc Quarterly Data