Darden Restaurants Inc (DRI)

The receivables turnover ratio for Darden Restaurants Inc, as derived from the provided data, exhibits notable fluctuations over the specified periods.

In the fiscal year ending May 28, 2023, the receivables turnover was 130.44, which indicates a highly efficient collection process, with receivables being turned over approximately 130 times within the fiscal year. This ratio showed a marginal increase by the subsequent week (May 31, 2023), rising slightly to 130.77, suggesting stable receivables management during this period.

Moving into the following fiscal year ending May 26, 2024, the ratio increased significantly to 144.01, reflecting an enhancement in collection efficiency or a reduction in receivables outstanding. This improvement indicates that the company was able to convert its receivables into cash more rapidly compared to the previous year, which is generally viewed as a positive operational indicator.

However, by the end of the next fiscal year (May 31, 2024), the ratio slightly declined to 143.99, suggesting a minor easing in collection speed but still maintaining a high efficiency level consistent with the prior period.

In the latest period, ending May 31, 2025, the receivables turnover ratio decreased further to 128.75. This decline indicates a reduction in collection efficiency compared to the previous year, albeit remaining within a high range that still signifies effective receivables management.

Overall, Darden Restaurants Inc.'s receivables turnover ratios across these periods demonstrate a pattern of high efficiency in collection practices, with a peak in the 2024 fiscal year followed by a slight decline in 2025. The ratios remain substantially high throughout, reflecting a disciplined receivables collection process, although the recent decline warrants attention to ensure continued operational robustness.

Peer comparison

May 31, 2025