Darden Restaurants Inc

NYSE DRI

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Darden Restaurants Inc Accounts Payable Turnover Ratio 1 year YoY Change (%) for the quarter ending February 29, 2024: 11.45%

Darden Restaurants Inc Accounts Payable Turnover Ratio 1 year YoY Change (%) is 11.45% for the quarter ending February 29, 2024, a 289.61% change year over year. The accounts payable turnover ratio measures the number of times a company pays off its accounts payable during a specific period. It is calculated by dividing the company's revenue by its accounts payable. This ratio indicates how efficiently a company manages its outstanding payments to suppliers and vendors. A higher turnover ratio suggests that the company is paying off its obligations quickly, while a lower ratio may indicate a slower payment process or potential liquidity issues. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Darden Restaurants Inc Accounts Payable Turnover Ratio for the quarter ending February 28, 2023 was 6.57, a -6.04% change year over year.
  • Darden Restaurants Inc Accounts Payable Turnover Ratio for the quarter ending February 28, 2022 was 7.00, a -3.59% change year over year.
  • Darden Restaurants Inc Accounts Payable Turnover Ratio for the quarter ending February 28, 2021 was 7.26, a 11.37% change year over year.
  • Darden Restaurants Inc Accounts Payable Turnover Ratio for the quarter ending February 29, 2020 was 6.52, a -12.05% change year over year.
NYSE: DRI

Darden Restaurants Inc

CEO Mr. Ricardo Cardenas
IPO Date May 5, 1995
Location United States
Headquarters 1000 Darden Center Drive, Orlando, FL, United States, 32837
Employees 187,384
Sector Consumer Cyclical
Industry Restaurants
Description

Darden Restaurants, Inc., together with its subsidiaries, owns and operates full-service restaurants in the United States and Canada. It operates under Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, Eddie V's Prime Seafood, and Capital Burger brand names. Darden Restaurants, Inc. was incorporated in 1995 and is based in Orlando, Florida.

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StockViz Staff

September 19, 2024

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