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Darden Restaurants Days Payable

: 15.51 (As of Feb. 2021)
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Darden Restaurants's average Accounts Payable for the three months ended in Feb. 2021 was $237 Mil. Darden Restaurants's Cost of Goods Sold for the three months ended in Feb. 2021 was $1,396 Mil. Hence, Darden Restaurants's Days Payable for the three months ended in Feb. 2021 was 15.51.

NYSE:DRI' s Days Payable Range Over the Past 10 Years
Min: 14.76   Med: 16.31   Max: 22.86
Current: 18.63
14.76
22.86

During the past 13 years, Darden Restaurants's highest Days Payable was 22.86. The lowest was 14.76. And the median was 16.31.

NYSE:DRI's Days Payable is ranked lower than
87% of the 318 Companies
in the Restaurants industry.

( Industry Median: 38.35 vs. NYSE:DRI: 18.63 )

Darden Restaurants's Days Payable declined from Feb. 2020 (17.67) to Feb. 2021 (15.51). It may suggest that Darden Restaurants accelerated paying its suppliers.

Darden Restaurants Days Payable Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Darden Restaurants Annual Data
May11 May12 May13 May14 May15 May16 May17 May18 May19 May20
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.92 16.01 15.17 16.70 16.60

Darden Restaurants Quarterly Data
May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21
Days Payable 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 17.67 22.08 18.54 16.48 15.51
Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.

Darden Restaurants Days Payable Distribution

* The bar in red indicates where Darden Restaurants's Days Payable falls into.


Darden Restaurants Days Payable Calculation

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

Darden Restaurants's Days Payable for the fiscal year that ended in May. 2020 is calculated as

Days Payable (A: May. 2020 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: May. 2019 ) + Accounts Payable (A: May. 2020 )) / count ) / Cost of Goods Sold (A: May. 2020 )*Days in Period
=( (332.6 + 249.4) / 2 ) / 6398.5*365
=291 / 6398.5*365
=16.60

Darden Restaurants's Days Payable for the quarter that ended in Feb. 2021 is calculated as:

Days Payable (Q: Feb. 2021 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Nov. 2020 ) + Accounts Payable (Q: Feb. 2021 )) / count ) / Cost of Goods Sold (Q: Feb. 2021 )*Days in Period
=( (235.6 + 238.8) / 2 ) / 1395.6*365 / 4
=237.2 / 1395.6*365 / 4
=15.51

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

Darden Restaurants Days Payable Related Terms

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