Switch to:

Target Days Payable

: 60.53 (As of Apr. 2020)
View and export this data going back to 1983. Start your Free Trial

Target's Accounts Payable for the three months ended in Apr. 2020 was $9,625 Mil. Target's Cost of Goods Sold for the three months ended in Apr. 2020 was $14,510 Mil. Hence, Target's Days Payable for the three months ended in Apr. 2020 was 60.53.

NYSE:TGT' s Days Payable Range Over the Past 10 Years
Min: 50.46   Med: 53.68   Max: 66.84
Current: 61.5

50.46
66.84

During the past 13 years, Target's highest Days Payable was 66.84. The lowest was 50.46. And the median was 53.68.

NYSE:TGT's Days Payable is ranked higher than
71% of the 270 Companies
in the Retail - Defensive industry.

( Industry Median: 42.59 vs. NYSE:TGT: 61.50 )

Target's Days Payable declined from Apr. 2019 (62.28) to Apr. 2020 (60.53). It may suggest that Target accelerated paying its suppliers.


Target Days Payable Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Target Annual Data
Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.83 53.86 61.95 66.84 66.00

Target Quarterly Data
Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 62.28 66.15 79.42 53.07 60.53

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Target Days Payable Distribution

* The bar in red indicates where Target's Days Payable falls into.



Target Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Target's Days Payable for the fiscal year that ended in Jan. 2020 is calculated as

Days Payable=Accounts Payable/Cost of Goods Sold*Days in Period
=9920/54864*365
=66.00

Target's Days Payable for the quarter that ended in Apr. 2020 is calculated as:

Days Payable=Accounts Payable/Cost of Goods Sold*Days in Period
=9625/14510*365 / 4
=60.53

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Target Days Payable Related Terms


Target Days Payable Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)