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Darden Restaurants Inc  (NYSE:DRI) Accounts Payable & Accrued Expense: $571 Mil (As of May. 2017)

Darden Restaurants Inc's quarterly accounts payable & accrued expense declined from Nov. 2016 ($408 Mil) to Feb. 20 ($395 Mil) but then increased from Feb. 20 ($395 Mil) to May. 2017 ($571 Mil).

Darden Restaurants Inc's annual accounts payable & accrued expense increased from May. 2015 ($514 Mil) to May. 2016 ($526 Mil) and increased from May. 2016 ($526 Mil) to May. 2017 ($571 Mil).


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Darden Restaurants Inc Annual Data

May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 667.80 561.00 513.60 525.70 570.70

Darden Restaurants Inc Quarterly Data

Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
Accounts Payable & Accrued Expense Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 525.70 385.90 407.50 395.00 570.70

Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

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.


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