Switch to:
Darden Restaurants Inc (NYSE:DRI)
Days Sales Outstanding
3.59 (As of Nov. 2015)

Darden Restaurants Inc's account receivable for the three months ended in Nov. 2015 was $63 Mil. Darden Restaurants Inc's revenue for the three months ended in Nov. 2015 was $1,609 Mil. Hence, Darden Restaurants Inc's days sales outstanding for the three months ended in Nov. 2015 was 3.59.

DRI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.88   Max: 3.83
Current: 3.35

1.88
3.83

During the past 13 years, Darden Restaurants Inc's highest Days Sales Outstanding was 3.83. The lowest was 1.88. And the median was 2.79.

DRI's Days Sales Outstanding is ranked higher than
75% of the 240 Companies
in the Global Restaurants industry.

( Industry Median: 8.66 vs. DRI: 3.35 )

Darden Restaurants Inc's days sales outstanding declined from Nov. 2014 (3.90) to Nov. 2015 (3.59).


Definition

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. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=47.1/6764*365
=2.54

Darden Restaurants Inc's Days Sales Outstanding for the quarter that ended in Nov. 2015 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=63.3/1608.8*365 / 4
=3.59

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


Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Related Terms

Account Receivable, 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

May06May07May08May09May10May11May12May13May14May15
DaysSalesOutstanding 2.533.043.831.883.053.183.262.292.302.54

Darden Restaurants Inc Quarterly Data

Aug13Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15
DaysSalesOutstanding 4.785.103.892.194.933.903.372.293.293.59
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK