Darden Restaurants Inc (DRI)
Number of days of payables
| May 31, 2024 | May 26, 2024 | May 31, 2023 | May 28, 2023 | May 31, 2022 | ||
|---|---|---|---|---|---|---|
| Payables turnover | — | 10.74 | — | 9.14 | — | |
| Number of days of payables | days | — | 33.98 | — | 39.95 | — |
May 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Darden Restaurants Inc has fluctuated over the years based on the data provided. As of May 28, 2023, the company took approximately 39.95 days to pay its payables, suggesting a moderate payment timeline. The number of days of payables improved to around 33.98 days as of May 26, 2024, indicating a more efficient management of payables. The unavailability of data for certain periods (marked as "— days") makes it challenging to track a consistent trend in the company's payables management. Overall, a lower number of days of payables signifies better liquidity management and potentially stronger supplier relations.
Peer comparison
May 31, 2024