Analyze and compare Darden Restaurants to Chipotle Mexican Grill

Darden Restaurants, Inc. $($DRI$)$ is the largest full$-$service restaurant company in the world. It operates over $2,200$ r including Olive Garden, Bahama Breeze, and LongHorn Steakhouse. Chipotle Mexican Grill, Inc. $($CMG$)$ operates ove It's a leader and innovator in the food service industry. The cost of food, beverage, and packaging and the beginning an reports for Darden and Chipotle are as follows $($in millions$)$:

Darden Chipotle

Cost of goods sold $($food$,$ beverage, and packaging$)$ $$2,412\mathrm{.}5$$$1,601\mathrm{.}0$

Inventories:

Beginning of year

$205\mathrm{.}3,19\mathrm{.}9$

End of year

$207\mathrm{.}3,21\mathrm{.}6$

a$.$ Compute the inventory turnover for both companies. Round your answers to one decimal place.

Inventory Turnover

Darden Restaurants

Chipotle

b$.$ Compute the days' sales in inventory for both companies. Assume a $365-$day year. If required, round all computa subsequent calculations. Round final answers to one decimal place.

Days' Sales in Inventory

Darden Restaurants days

Chipotle days

c$.$ Which company is more efficient in managing inventory?

appears to manage its food, beverage, and packaging inventories more efficiently.

d$.$ Based on the details provided in the question which of the following is correct?

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