TargetTGT -1.15%77 Days Payable is 62.67 as of Apr. 2026, which is 0% above its 10-year median of 62.44. GuruFocus rates TGT with a GF Score™ of 77/100 and a GF Value™ of $129.29 (Fairly Valued). The stock has 9 warning signs investors should review. Among 304 Retail - Defensive companies, Target ranks better than 71.05% on this metric.
Target's average Accounts Payable for the
three
months ended in Apr. 2026 was $12,405 Mil. Target's Cost of Goods Sold for the
three
months ended in Apr. 2026 was $18,061 Mil.
Hence, Target's Days Payable for the
three
months ended in Apr. 2026 was 62.67.
The historical rank and industry rank for Target's Days Payable or its related term are showing as below:
TGT'
s Days Payable Range Over the Past 10 Years
Min: 54.48 Med: 62.44 Max: 68.99
Current: 59.63
During the past 13 years, Target's highest Days Payable was 68.99. The lowest was 54.48. And the median was 62.44.
TGT's Days Payable is ranked better than 71.05% of 304
companies
in the Retail - Defensive industry
Industry Median: 43.205
vs TGT: 59.63
Target's Days Payable
declined
from Apr. 2025 (66.26) to Apr. 2026 (62.67).
It may suggest that Targetaccelerated paying its suppliers.
Target Days Payable Related Terms
Target Days Payable Historical Data
* Premium members only.
The historical data trend for Target's Days Payable 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.
For the Discount Stores subindustry, Target's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* 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. Note that "N/A" values will not show up in the chart.
Target Days Payable vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Target's Days Payable distribution charts can be found below:
* The bar in red indicates where Target's Days Payable falls into.
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. 2026 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 (TGT) has a Days Payable of 62.67 as of Apr. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Target and its competitors. This is near median its historical median of 62.44. Over the past decade, Target's Days Payable has ranged from 54.48 to 68.99. According to the industry distribution chart, Target ranks #88 out of 304 companies in the Retail - Defensive industry, placing it in the top 28.9%.
Is Target's Days Payable too high?
Target's current Days Payable of 62.67 is near median its 10-year median of 62.44. Over the past 10 years, this metric has ranged from a low of 54.48 to a high of 68.99. The Retail - Defensive industry median Days Payable is 43.21. Target's value of 62.67 is 45.1% above this industry median. Based on the distribution chart, Target ranks #88 out of 304 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Target has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Target's Days Payable compare to DG and DLTR?
According to the Retail - Defensive industry distribution chart, Target ranks #88 out of 304 companies for Days Payable. This puts Target in the upper half of its industry. The industry median Days Payable is 43.21. Target's value of 62.67 is 45.1% above this benchmark. Historically, Target's own Days Payable has ranged from 54.48 to 68.99 over the past decade. While the company's 10-year median is 62.44 vs. the industry median of 43.21, Target has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Retail - Defensive company?
The median Days Payable among Retail - Defensive companies is 43.21, based on 304 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Target's current Days Payable of 62.67 is 45.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Target and its competitors. For the Retail - Defensive industry, the median Days Payable is 43.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Target's current Days Payable is 62.67, which is near median its own 10-year median of 62.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Target stock overvalued right now?
Based on GuruFocus' analysis, Target (TGT) is currently considered Fairly Valued. The stock's GF Value™ is $129.29, compared to a current price of $139.57 — trading 8% above its estimated fair value. The current Days Payable is 62.67, which is near median its 10-year median of 62.44 and 45.1% above the Retail - Defensive industry median of 43.21. Target's overall GF Score™ is 77/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Target (TGT), the current Days Payable is 62.67 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Target (TGT) Overvalued in 2026?
Based on GuruFocus' analysis, Target stock appears to be overvalued.
The current stock price of $139.57 is trading 8% above its estimated GF Value™ of $129.29.
GuruFocus considers Target to be Fairly Valued.
Key valuation signals for TGT:
Days Payable: 62.67 (near median its 10-year median of 62.44)
GF Value™: $129.29 vs. price of $139.57 (8% above fair value)
Industry Position: 45.1% above the Retail - Defensive median (#88 of 304)
No single metric tells the full story. See the TGT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Target's start dates back to 1962, but now it is one of the largest discount retailers in the United States (where it derives all of its sales), operating just under 2,000 stores and generating over $104 billion in fiscal 2025 sales. The company offers a broad assortment of merchandise across categories including apparel and accessories (16% of fiscal 2025 revenue), beauty and household essentials (30%), food and beverage (24%), hardlines (15%), as well as home furnishings (15%). Target's model is anchored in its physical store base, which fulfills more than 97% of sales. Around 30% of sales are derived from its own private-label brands.
77GF Score
Get the complete analysis for TGT
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