Target's change in inventory for the quarter that ended in Jan. 2024 was $2,845 Mil. It means Target's inventory
declined by $2,845 Mil
from Oct. 2023 to Jan. 2024 .
Target's change in inventory for the fiscal year that ended in Jan. 2024 was $1,613 Mil. It means Target's inventory
declined by $1,613 Mil
from Jan. 2023 to Jan. 2024 .
Target's Total Inventories for the quarter that ended in Jan. 2024 was $11,886 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Target's Days Inventory for the quarter that ended in Jan. 2024 was 51.89.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Target's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.76.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Target's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.42.
Target Change In Inventory Historical Data
The historical data trend for Target's Change In Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,613 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Target (NYSE:TGT) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Target's Days Inventory for the quarter that ended in is calculated as:
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Target's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Target Change In Inventory Related Terms
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Target serves as the nation's sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a top U.S. retailer.Today, Target operates over 1,900 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.
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