Target Corporation (TGT)
Total asset turnover
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 106,581,000 | 106,930,000 | 108,661,000 | 105,937,000 | 92,087,000 |
| Total assets | US$ in thousands | 57,769,000 | 55,356,000 | 53,335,000 | 53,811,000 | 51,248,000 |
| Total asset turnover | 1.84 | 1.93 | 2.04 | 1.97 | 1.80 |
February 1, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $106,581,000K ÷ $57,769,000K
= 1.84
Target Corporation's total asset turnover has shown a favorable trend over the past five years. Starting at 1.80 in January 30, 2021, it increased steadily to reach 2.04 in January 28, 2023, indicating that the company generated $2.04 in sales for every dollar of assets. However, there was a slight dip to 1.93 in February 3, 2024, before decreasing further to 1.84 in February 1, 2025. Despite the fluctuations, the total asset turnover for Target Corporation generally reflects efficient asset utilization and effective revenue generation, demonstrating the company's ability to generate sales relative to its total assets.
Peer comparison
Feb 1, 2025