Darden Restaurants Inc (DRI)

Working capital turnover

May 31, 2024 May 26, 2024 May 31, 2023 May 28, 2023 May 31, 2022
Revenue US$ in thousands 11,390,000 11,391,500 10,487,800 10,461,500 9,630,000
Total current assets US$ in thousands 822,800 822,800 997,700 997,700 1,179,400
Total current liabilities US$ in thousands 2,192,500 2,192,500 1,937,400 1,937,400 1,847,500
Working capital turnover — — — — —

May 31, 2024 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $11,390,000K ÷ ($822,800K – $2,192,500K)
= —

Based on the provided data, the working capital turnover ratio for Darden Restaurants Inc is not available for the periods ending on May 31, 2022, May 28, 2023, May 31, 2023, May 26, 2024, and May 31, 2024. The lack of specific figures for this ratio prevents a detailed and comprehensive analysis of Darden Restaurants' efficiency in utilizing its working capital to generate sales revenue over those periods. Additional data or information would be required to assess the company's performance in this aspect.