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Darden Restaurants Inc's account receivable for the three months ended in May. 2016 was $44 Mil. Darden Restaurants Inc's revenue for the three months ended in May. 2016 was $1,790 Mil. Hence, Darden Restaurants Inc's days sales outstanding for the three months ended in May. 2016 was 2.24.
During the past 13 years, Darden Restaurants Inc's highest Days Sales Outstanding was 4.89. The lowest was 1.88. And the median was 2.79.
Darden Restaurants Inc's days sales outstanding declined from May. 2015 (2.29) to May. 2016 (2.24).
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. 2016 is calculated as
Darden Restaurants Inc's Days Sales Outstanding for the quarter that ended in May. 2016 is calculated as:
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
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