Darden Restaurants Inc

NYSE DRI

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Darden Restaurants Inc Payables Turnover for the quarter ending February 29, 2024: 6.03

Darden Restaurants Inc Payables Turnover is 6.03 for the quarter ending February 29, 2024, a 16.03% change year over year. Payables turnover measures the efficiency with which a company manages its accounts payable. It is calculated by dividing the cost of revenue by the accounts payable. This ratio indicates how quickly a company pays off its obligations to suppliers and vendors. A higher turnover suggests that the company is efficiently managing its accounts payable, while a lower ratio may indicate a slower payment process or potential liquidity issues.
  • Darden Restaurants Inc Payables Turnover for the quarter ending February 28, 2023 was 5.19, a -6.62% change year over year.
  • Darden Restaurants Inc Payables Turnover for the quarter ending February 28, 2022 was 5.56, a -4.81% change year over year.
  • Darden Restaurants Inc Payables Turnover for the quarter ending February 28, 2021 was 5.84, a 16.37% change year over year.
  • Darden Restaurants Inc Payables Turnover for the quarter ending February 29, 2020 was 5.02, a -11.92% 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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