Target Corporation (TGT)

Receivables turnover

Feb 1, 2025 Nov 2, 2024 Aug 3, 2024 May 4, 2024 Feb 3, 2024 Oct 28, 2023 Jul 29, 2023 Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020
Revenue (ttm) US$ in thousands 106,475,000 107,377,000 107,000,000 106,180,000 106,930,000 106,383,000 107,485,000 108,778,000 108,661,000 108,286,000 107,440,000 106,571,000 105,937,000 103,275,000 99,728,000 97,525,000 92,599,000 87,635,000 84,187,000 79,636,000
Receivables US$ in thousands
Receivables turnover

February 1, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $106,475,000K ÷ $—K
= —

The receivables turnover ratio for Target Corporation is unavailable for the specified periods, as indicated by the absence of data in the provided JSON file. Receivables turnover is a critical financial metric that measures how efficiently a company is collecting on its credit sales from customers. A higher receivables turnover ratio typically indicates that a company is collecting its accounts receivable more quickly, which is a positive sign of effective credit management.

Without the receivables turnover data for Target Corporation, it is not possible to assess the company's ability to efficiently convert its outstanding receivables into cash within a given period. In financial analysis, monitoring the trends in receivables turnover over time can provide insights into changes in the company's credit policies, customer payment behavior, and overall liquidity position. It is important for stakeholders to have access to this data to evaluate the company's financial performance and risk management related to accounts receivable.


See also:

Target Corporation Receivables Turnover (Quarterly Data)