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Target Corporation  (TGT)
Other Ticker:  
 
    Sector  Retail    Industry Wholesale
   Industry Wholesale
   Sector  Retail
 

Target Inventory Turnover Ratio (COS)

Cost of Sales Formula, Quarterly Results, Trends, Rankings, Statistics

Target Corporation inventory turnover ratio, the Target Corporation's ability to sell and replace its inventory in the first quarter 2024, sequentially increased to 6.02 in the first quarter 2024, TGT's markets remain strong, its supply chain continue to be in a grate shape.Average processing period, for Target's inventories remained unchanged at 61 days, in the May 04 2024 quarter.

Within Retail sector 47 other companies have achieved higher inventory turnover ratio. While inventory turnover ranking remained unchanged in the First Quarter 2024 compared to previous quarter at no. 568.

TGT Inventory Turnover Ratio using Sales Formula
What is Inventory Turnover Ratio?
What is Target Corporation Market Share?

What is Inventory Turnover Ratio?


TGT Inventory Turnover Ratio (May 04 2024)
I. Quarter
(Feb 03 2024)
IV. Quarter
(Oct 28 2023)
III. Quarter
(Jul 29 2023)
II. Quarter
(Apr 29 2023)
I. Quarter
Y / Y Inventory Growth -7.02 % -11.95 % -13.94 % -17.21 % -16.36 %
Y / Y Cost of Sales Growth -5.1 % -2.27 % -7.78 % -11.64 % -0.41 %
Inventory Turnover Ratio (TTM) 6.02 5.99 5.85 5.71 5.61
TGT's Total Ranking # 568 # 568 # 568 # 641 # 663
Average inventory processing period 61 61 62 64 65
Seq. Inventory Growth -1.31 % -19.31 % 16.14 % 0.54 % -6.54 %
Seq. Cost of Sales Growth -25.44 % 28.95 % 1.97 % -3.2 % -23.22 %



Inventory Turnover Ratio Company Ranking
Within: No.
Wholesale Industry # 6
Retail Sector # 48
Overall Market # 568

Inventory Turnover Ratio Statistics
High Average Low
9.71 5.84 5.26
(Dec. 30, 2013)   (Oct 29 2016)




Financial Statements
Target's Inventories $ 11,730 Millions Visit TGT's Balance sheet
Target's Cost of Revenues TTM $ 76,799 Millions Visit TGT's Income Statement
What are TGT's Sales? Visit TGT's Sales by Segment

Other Inventory Turnover Ratios
Target's Inventory to Sales Ratio
U.S. Durable Goods Inventory to Shipment Ratio By Product
Wholesale Industry Inventory Turnover Trends and Statistics
Retail Sector Inventory Turnover Statistics
Inventory Turnover Trends for overall market
TGT's Inventory Turnover Ratio versus Wholesale Industry, Retail Sector and total Market
Highest Ranking Inventory Turnover
Lowest Ranking Inventory Turnover
Inventory Turnover for TGT's Competitors
Inventory Turnover Ratio for TGT's Suppliers
Inventory Turnover Ratio for TGT's Customers

You may also want to know
TGT's Sales Growth Rates TGT's Pe Price to earnings ratio TGT's Receivables Turnover Ratio TGT's Stock Quote
TGT's Net Income Growth Rates TGT's Ps Price to Sales ratio TGT's Sales per Employee TGT's Asset Turnover Ratio
TGT's Net Margin TGT's Pb Price to Book ratio TGT's Financial Strength Ratios TGT's Dividend Payout Ratio



Companies with similar Inventory Turnover Ratio for the quarter ending May 04 2024, within Retail Sector Inventory Turnover Ratio Cost of revenues at quarter ending May 04 2024 Inventories at quarter ending May 04 2024
Cvs Health Corporation  17.66 $ 307,318.000  Millions$ 17,404  Millions
Publix Super Markets Inc   17.65 $ 42,349.000  Millions$ 2,400  Millions
Amcon Distributing Co  16.34 $ 2,454.119  Millions$ 150  Millions
Pc Connection Inc   16.33 $ 2,245.751  Millions$ 138  Millions
Sprouts Farmers Market Inc   13.88 $ 4,397.000  Millions$ 317  Millions
Mckesson Corporation  13.84 $ 296,123.000  Millions$ 21,404  Millions
Walgreens Boots Alliance Inc   13.30 $ 115,996.000  Millions$ 8,723  Millions
Costco Wholesale Corp  12.81 $ 217,991.000  Millions$ 17,013  Millions
Cardinal Health Inc   12.42 $ 213,184.000  Millions$ 17,164  Millions
Albertsons Companies Inc   11.43 $ 57,192.000  Millions$ 5,004  Millions
Chewy Inc   11.22 $ 8,197.055  Millions$ 730  Millions
Coupang Inc   11.16 $ 18,997.397  Millions$ 1,702  Millions
Winmark Corporation  11.16 $ 4.309  Millions$ 0  Millions
United Natural Foods inc   11.05 $ 26,191.000  Millions$ 2,371  Millions
Qvc inc   10.07 $ 11,001.000  Millions$ 1,092  Millions
Chefs Warehouse Inc   9.42 $ 2,734.063  Millions$ 290  Millions
Gigacloud Technology Inc  9.32 $ 1,106.684  Millions$ 119  Millions
Ingles Markets Incorporated  9.18 $ 4,488.899  Millions$ 489  Millions
Asbury Automotive Group Inc   9.18 $ 12,359.400  Millions$ 1,346  Millions
Amazon com Inc   9.07 $ 309,581.000  Millions$ 34,115  Millions
Natural Grocers By Vitamin Cottage Inc   8.96 $ 1,051.612  Millions$ 117  Millions
Hf Foods Group Inc   8.58 $ 945.317  Millions$ 110  Millions
Walmart Inc   8.14 $ 469,868.000  Millions$ 57,737  Millions
Eplus Inc   8.13 $ 1,674.509  Millions$ 206  Millions
Group 1 Automotive Inc  8.09 $ 15,177.900  Millions$ 1,876  Millions
Pricesmart Inc   7.89 $ 3,841.237  Millions$ 487  Millions
Carvana Co   7.88 $ 9,252.000  Millions$ 1,175  Millions
Autonation Inc   7.82 $ 21,992.900  Millions$ 2,814  Millions
Sonic Automotive Inc   7.81 $ 12,036.400  Millions$ 1,540  Millions
Td Synnex Corporation  7.11 $ 52,446.025  Millions$ 7,374  Millions

Date modified: 2024-06-01T13:16:14+00:00



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