Target Payables Turnover from 2010 to 2024
TGT Stock | USD 131.60 0.85 0.64% |
Payables Turnover | First Reported 2010-12-31 | Previous Quarter 6.42552488 | Current Value 6.60884135 | Quarterly Volatility 0.66461976 |
Check Target financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Target's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.5 B, Total Revenue of 54.9 B or Gross Profit of 16.3 B, as well as many indicators such as Price To Sales Ratio of 0.64, Dividend Yield of 0.0258 or PTB Ratio of 3.34. Target financial statements analysis is a perfect complement when working with Target Valuation or Volatility modules.
Target | Payables Turnover |
Latest Target's Payables Turnover Growth Pattern
Below is the plot of the Payables Turnover of Target over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Target's Payables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Target's overall financial position and show how it may be relating to other accounts over time.
Payables Turnover | 10 Years Trend |
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Payables Turnover |
Timeline |
Target Payables Turnover Regression Statistics
Arithmetic Mean | 6.25 | |
Geometric Mean | 6.22 | |
Coefficient Of Variation | 10.63 | |
Mean Deviation | 0.58 | |
Median | 6.43 | |
Standard Deviation | 0.66 | |
Sample Variance | 0.44 | |
Range | 1.838 | |
R-Value | (0.26) | |
Mean Square Error | 0.44 | |
R-Squared | 0.07 | |
Significance | 0.35 | |
Slope | (0.04) | |
Total Sum of Squares | 6.18 |
Target Payables Turnover History
About Target Financial Statements
Target shareholders use historical fundamental indicators, such as Payables Turnover, to determine how well the company is positioned to perform in the future. Although Target investors may analyze each financial statement separately, they are all interrelated. The changes in Target's assets and liabilities, for example, are also reflected in the revenues and expenses on on Target's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Payables Turnover | 6.43 | 6.61 |
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Additional Tools for Target Stock Analysis
When running Target's price analysis, check to measure Target's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Target is operating at the current time. Most of Target's value examination focuses on studying past and present price action to predict the probability of Target's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Target's price. Additionally, you may evaluate how the addition of Target to your portfolios can decrease your overall portfolio volatility.