Darden Restaurants Inc (DRI)

The analysis of Darden Restaurants Inc.'s number of days of payables over the provided periods indicates notable fluctuations. As of May 28, 2023, the company’s payable period was approximately 39.95 days, suggesting that Darden took nearly 40 days to settle its accounts payable. A significant decrease is observed by May 31, 2023, when the payable days declined to around 18.51 days, indicating a shorter payment cycle within that period.

Moving forward to the subsequent year, the payable days increased again, reaching approximately 33.98 days by May 26, 2024, which reflects a longer cycle compared to the previous period in 2023 but still shorter than the initial measurement in 2023. By May 31, 2024, the number of payable days further decreased to roughly 16.24 days, pointing to an even more accelerated payment cycle.

In a later period, the payable days expanded once more, totaling approximately 43.88 days by May 31, 2025. This suggests that Darden extended its payables significantly, reaching a level higher than any previous measurement within this data set.

Overall, the analysis depicts considerable variability in the company's accounts payable cycle, oscillating between approximately 16.24 days and 43.88 days over the observed periods. The fluctuations may reflect differences in supplier payment terms, changes in cash management strategies, or variations in operational or financial strategies across these fiscal periods.

Peer comparison

May 31, 2025