Target Corporation (TGT)

Working capital 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 current assets	US$ in thousands	19,454,000	17,498,000	17,846,000	21,573,000	20,756,000
Total current liabilities	US$ in thousands	20,799,000	19,304,000	19,500,000	21,747,000	20,125,000
Working capital turnover		—	—	—	—	145.94

February 1, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $106,581,000K ÷ ($19,454,000K – $20,799,000K)
= —

The working capital turnover ratio for Target Corporation, as of January 30, 2021, stands at an impressive 145.94. This indicates that Target is efficiently utilizing its working capital to generate sales revenue. However, the lack of data for subsequent years makes it difficult to track the trend of this ratio over time. It would be beneficial to have additional information to assess the consistency and sustainability of Target's working capital turnover performance in the future.