Target Inventory Turnover Ratio 2010-2024 | TGT
Current and historical inventory turnover ratio for Target (TGT) from 2010 to 2024. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. Target inventory turnover ratio for the three months ending October 31, 2024 was 1.21.
| Target Inventory Turnover Ratio Historical Data |
| Date |
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| Sector |
Industry |
Market Cap |
Revenue |
| Retail/Wholesale |
Retail - Discount & Variety |
$62.862B |
$107.412B |
|
Target Corp. has evolved from just being a pure brick-&-mortar retailer to an omni-channel entity. It has been modernizing supply chain to compete with pure e-commerce players. Its acquisition of Shipt to provide same-day delivery of groceries, essentials, home, electronics as well as other products. Target provides an array of owned & premium branded goods ranging from household essentials and electronics to toys and apparel for men, women and kids. It also houses food and pet supplies, home furnishings and d?cor, home improvement, automotive products and seasonal merchandise. It also offers in-store amenities, consisting of Target Caf?, Target Photo, Target Optical, Portrait Studio, Starbucks and other food service offerings. A greater number of general merchandise stores provides an edited food assortment, including perishables, dry grocery, dairy & frozen items. Its digital channels include a wide merchandise assortment, including many items found in stores, along with a complementary assortment.
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