Darden Restaurants Inc

NYSE DRI

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Darden Restaurants Inc Days Sales Outstanding (DSO) 2 year CAGR for the quarter ending February 29, 2024: 6.30%

Darden Restaurants Inc Days Sales Outstanding (DSO) 2 year CAGR is 6.30% for the quarter ending February 29, 2024, a 164.52% change year over year. The days sales outstanding ratio measures the average number of days it takes for a company to collect payment from its customers. It is calculated by dividing receivables by revenue and then multiplying by 365. This ratio indicates the average collection period for accounts receivable and provides insights into the effectiveness of the company's credit and collection policies. A shorter period indicates faster collection and better cash flow management. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Darden Restaurants Inc Days Sales Outstanding (DSO) for the quarter ending February 28, 2023 was 7.55, a -3.75% change year over year.
  • Darden Restaurants Inc Days Sales Outstanding (DSO) for the quarter ending February 28, 2022 was 7.84, a -15.40% change year over year.
  • Darden Restaurants Inc Days Sales Outstanding (DSO) for the quarter ending February 28, 2021 was 9.27, a 16.36% change year over year.
  • Darden Restaurants Inc Days Sales Outstanding (DSO) for the quarter ending February 29, 2020 was 7.96, a -33.67% 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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