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Darden Restaurants Inventory Turnover

: 7.13 (As of Feb. 2021)
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Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Darden Restaurants's Cost of Goods Sold for the three months ended in Feb. 2021 was $1,396 Mil. Darden Restaurants's Total Inventories for the quarter that ended in Feb. 2021 was $196 Mil. Darden Restaurants's Inventory Turnover for the quarter that ended in Feb. 2021 was 7.13.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Darden Restaurants's Days Inventory for the three months ended in Feb. 2021 was 12.79.

Total Inventories can be measured by Days Sales of Inventory (DSI). Darden Restaurants's days sales of inventory (DSI) for the three months ended in Feb. 2021 was 10.30.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Darden Restaurants's Inventory-to-Revenue for the quarter that ended in Feb. 2021 was 0.11.


Darden Restaurants Inventory Turnover 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
Inventory Turnover Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.79 31.62 32.98 32.29 30.90

Darden Restaurants Quarterly Data
May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21
Inventory Turnover 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 8.19 5.77 6.18 6.82 7.13

Darden Restaurants Inventory Turnover Calculation

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

Inventory Turnover (A: May. 2020 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (A: May. 2020 ) / ((Total Inventories (A: May. 2019 ) + Total Inventories (A: May. 2020 )) / count )
=6398.5 / ((207.3 + 206.9) / 2 )
=6398.5 / 207.1
=30.90

Darden Restaurants's Inventory Turnover for the quarter that ended in Feb. 2021 is calculated as

Inventory Turnover (Q: Feb. 2021 )
=Cost of Goods Sold / Total Inventories
=Cost of Goods Sold (Q: Feb. 2021 ) / ((Total Inventories (Q: Nov. 2020 ) + Total Inventories (Q: Feb. 2021 )) / count )
=1395.6 / ((203 + 188.2) / 2 )
=1395.6 / 195.6
=7.13

* 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  (NYSE:DRI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Darden Restaurants's Days Inventory for the three months ended in Feb. 2021 is calculated as:

Days Inventory =Total Inventories (Q: Feb. 2021 )/Cost of Goods Sold (Q: Feb. 2021 )*Days in Period
=195.6/1395.6*365 / 4
=12.79

2. Total Inventories can be measured by Days Sales of Inventory (DSI).

Darden Restaurants's Days Sales of Inventory for the three months ended in Feb. 2021 is calculated as:

Days Sales of Inventory (DSI)=Total Inventories (Q: Feb. 2021 )/Revenue (Q: Feb. 2021 )*Days in Period
=195.6/1733*365 / 4
=10.30

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Darden Restaurants's Inventory to Revenue for the quarter that ended in Feb. 2021 is calculated as

Inventory-to-Revenue=Total Inventories (Q: Feb. 2021 ) / Revenue (Q: Feb. 2021 )
=195.6 / 1733
=0.11

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


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


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