Darden Accounts Payable from 2010 to 2024

DRI Stock  USD 164.56  1.97  1.21%   
Darden Restaurants' Accounts Payable is increasing with slightly volatile movements from year to year. Accounts Payable is predicted to flatten to about 252.7 M. Accounts Payable is the amount Darden Restaurants owes to suppliers or vendors for products or services received but not yet paid for. It represents Darden Restaurants' short-term liabilities. View All Fundamentals
 
Accounts Payable  
First Reported
1995-05-31
Previous Quarter
399.5 M
Current Value
401 M
Quarterly Volatility
84.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Darden Restaurants financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Darden Restaurants' main balance sheet or income statement drivers, such as Depreciation And Amortization of 289.8 M, Interest Expense of 150.4 M or Total Revenue of 7 B, as well as many indicators such as Price To Sales Ratio of 1.23, Dividend Yield of 0.0335 or PTB Ratio of 4.12. Darden financial statements analysis is a perfect complement when working with Darden Restaurants Valuation or Volatility modules.
  
Check out the analysis of Darden Restaurants Correlation against competitors.
For more detail on how to invest in Darden Stock please use our How to Invest in Darden Restaurants guide.

Latest Darden Restaurants' Accounts Payable Growth Pattern

Below is the plot of the Accounts Payable of Darden Restaurants over the last few years. An accounting item on the balance sheet that represents Darden Restaurants obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Darden Restaurants are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Darden Restaurants' Accounts Payable historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Darden Restaurants' overall financial position and show how it may be relating to other accounts over time.
Accounts Payable10 Years Trend
Slightly volatile
   Accounts Payable   
       Timeline  

Darden Accounts Payable Regression Statistics

Arithmetic Mean283,734,905
Geometric Mean275,421,849
Coefficient Of Variation25.40
Mean Deviation56,505,410
Median260,700,000
Standard Deviation72,066,423
Sample Variance5193.6T
Range259.5M
R-Value0.67
Mean Square Error3064.4T
R-Squared0.45
Significance0.01
Slope10,835,232
Total Sum of Squares72710T

Darden Accounts Payable History

2024252.7 M
2023399.5 M
2022426.2 M
2021366.9 M
2020304.5 M
2019249.4 M
2018332.6 M

About Darden Restaurants Financial Statements

Investors use fundamental indicators, such as Darden Restaurants' Accounts Payable, to determine how well the company is positioned to perform in the future. Although Darden Restaurants' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Accounts Payable399.5 M252.7 M

Currently Active Assets on Macroaxis

When determining whether Darden Restaurants offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Darden Restaurants' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Darden Restaurants Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Darden Restaurants Stock:
Check out the analysis of Darden Restaurants Correlation against competitors.
For more detail on how to invest in Darden Stock please use our How to Invest in Darden Restaurants guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Darden Restaurants. If investors know Darden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Darden Restaurants listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.087
Dividend Share
5.33
Earnings Share
8.67
Revenue Per Share
95.695
Quarterly Revenue Growth
0.01
The market value of Darden Restaurants is measured differently than its book value, which is the value of Darden that is recorded on the company's balance sheet. Investors also form their own opinion of Darden Restaurants' value that differs from its market value or its book value, called intrinsic value, which is Darden Restaurants' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Darden Restaurants' market value can be influenced by many factors that don't directly affect Darden Restaurants' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Darden Restaurants' value and its price as these two are different measures arrived at by different means. Investors typically determine if Darden Restaurants is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Darden Restaurants' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.