Darden Restaurants Inc (DRI)
Number of days of payables
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | May 26, 2024 | Feb 29, 2024 | Feb 25, 2024 | Nov 30, 2023 | Nov 26, 2023 | Aug 31, 2023 | Aug 27, 2023 | May 31, 2023 | May 28, 2023 | Feb 28, 2023 | Feb 26, 2023 | Nov 30, 2022 | Nov 27, 2022 | Aug 31, 2022 | Aug 28, 2022 | May 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | 17.06 | — | 15.91 | — | 15.19 | — | 15.43 | — | 14.78 | — | 14.33 | — | 13.99 | — | 14.71 | — | |
| Number of days of payables | days | — | — | — | — | 21.39 | — | 22.94 | — | 24.03 | — | 23.65 | — | 24.70 | — | 25.47 | — | 26.10 | — | 24.81 | — |
February 28, 2025 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The number of days of payables for Darden Restaurants Inc fluctuated over the periods provided. Payables turnover is a measure of how efficiently a company is able to manage its accounts payable. The data shows that the number of days of payables ranged from 21.39 days to 26.10 days during the specified time frame.
A lower number of days of payables indicates that the company is taking less time to pay its suppliers, which can sometimes indicate a more efficient use of working capital. Conversely, a higher number of days of payables suggests that the company is taking longer to pay its suppliers, which may have implications for the company's cash flow and relationships with its vendors.
Overall, monitoring the trend in the number of days of payables can provide insights into the company's liquidity position, cash management practices, and vendor relationships.
Peer comparison
Feb 28, 2025