Darden Restaurants Inc (DRI)

Receivables turnover

		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
Revenue (ttm)	US$ in thousands	11,762,300	11,563,100	11,647,900	11,865,700	11,635,700	11,404,200	11,160,000	10,915,700	10,957,400	10,964,200	11,019,800	11,074,400	10,791,900	10,555,100	10,215,000	9,874,900	9,991,300	10,047,900	10,050,700	10,057,200
Receivables	US$ in thousands	—	—	—	—	79,100	—	72,200	—	80,300	—	59,200	—	80,200	—	57,600	—	71,600	—	50,700	—
Receivables turnover		—	—	—	—	147.10	—	154.57	—	136.46	—	186.15	—	134.56	—	177.34	—	139.54	—	198.24	—

February 28, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $11,762,300K ÷ $—K
= —

The receivables turnover ratio of Darden Restaurants Inc fluctuated over the periods provided. The data shows a general trend of variability with some periods having values and others marked as "—".

The receivables turnover ratio is a measure of how efficiently a company manages its receivables. A higher ratio indicates that the company is collecting its accounts receivables more quickly. Conversely, a lower ratio may suggest potential issues with collecting receivables promptly.

Based on the available data, Darden Restaurants Inc had receivables turnover ratios ranging from 134.56 to 198.24 during the periods specified. These figures indicate that the company collected its accounts receivables between 134.56 and 198.24 times over the respective periods.

It is important to note that the absence of data for some periods makes it challenging to assess the consistency of Darden Restaurants Inc's receivables turnover performance. Further analysis and comparison with industry benchmarks would provide more insights into the company's efficiency in managing its accounts receivables.