Target Payables Turnover from 2010 to 2024

TGT Stock  USD 131.60  0.85  0.64%   
Target Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Target pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
6.42552488
Current Value
6.60884135
Quarterly Volatility
0.66461976
 
Credit Downgrade
 
Yuan Drop
 
Covid
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.
  
Check out the analysis of Target Correlation against competitors.
For more information on how to buy Target Stock please use our How to Invest in Target guide.

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 Turnover10 Years Trend
Pretty Stable
   Payables Turnover   
       Timeline  

Target Payables Turnover Regression Statistics

Arithmetic Mean6.25
Geometric Mean6.22
Coefficient Of Variation10.63
Mean Deviation0.58
Median6.43
Standard Deviation0.66
Sample Variance0.44
Range1.838
R-Value(0.26)
Mean Square Error0.44
R-Squared0.07
Significance0.35
Slope(0.04)
Total Sum of Squares6.18

Target Payables Turnover History

2024 6.61
2020 6.43
2014 5.53
2011 6.97
2010 7.37

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 ReportedProjected 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.