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Target Corp  (NYSE:TGT) Days Payable: 62.28 (As of Apr. 2019)

Target Corp's payable for the three months ended in Apr. 2019 was $8,360 Mil. Target Corp's Cost of Goods Sold for the three months ended in Apr. 2019 was $12,248 Mil. Hence, Target Corp's days payable for the three months ended in Apr. 2019 was 62.28.

NYSE:TGT' s Days Payable Range Over the Past 10 Years
Min: 50.46   Max: 66.84
Current: 56.59

50.46
66.84

During the past 13 years, Target Corp's highest Days Payable was 66.84. The lowest was 50.46. And the median was 52.82.

NYSE:TGT's Days Payable is ranked higher than
64% of the 264 Companies
in the Global industry.

( Industry Median: 45.06 vs. NYSE:TGT: 56.59 )

Target Corp's days payable declined from Apr. 2018 (63.82) to Apr. 2019 (62.28). It may suggest that Target Corp accelerated paying its suppliers.


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 Corp Annual Data

Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19
Days Payable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.23 51.83 53.86 61.95 66.84

Target Corp Quarterly Data

Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19
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 63.82 67.97 87.06 52.71 62.28

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 Corp Distribution

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



Calculation

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

Target Corp's Days Payable for the fiscal year that ended in Jan. 2019 is calculated as

Days Payable=Payable/Cost of Goods Sold*Days in Period
=9761/53299*365
=66.84

Target Corp's Days Payable for the quarter that ended in Apr. 2019 is calculated as:

Days Payable=Payable/Cost of Goods Sold*Days in Period
=8360/12248*365 / 4
=62.28

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


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