Discontinued — last reported Q4 '25

Operating

Change in AP

Target Change in AP increased by 714.2% to $1.78B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.1%, from $1.84B to $1.78B. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalHigher is better
VolatilityVolatile
First reportedQ1 2013
Last reportedQ4 2025

How to read this metric

An increase suggests the company is successfully leveraging its scale to negotiate better payment terms with its supply chain.

Detailed definition

Accounts payable represents the change in the amount the company owes to its suppliers for materials or services purchas...

Peer comparison

Dominant market leaders often have high accounts payable as they can dictate longer payment terms to their vendors.

Metric ID: cf_change_in_accounts_payable

Historical Data

16 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25
Value$894.00M$3.60B-$1.56B$776.00M$560.00M-$2.01B-$1.46B$326.00M$2.02B-$2.10B-$524.00M$1.05B$1.84B-$1.34B$219.00M$1.78B
QoQ Change+302.1%-143.4%+149.7%-27.8%-459.5%+27.3%+122.3%+520.9%-203.9%+75.1%+299.6%+75.9%-173.0%+116.3%+714.2%
YoY Change-13.2%-84.4%+6.2%-58.0%+261.4%-4.5%+64.2%+220.9%-9.1%-156.5%-79.1%-3.1%
Range-$2.10B$3.60B
CAGR+20.2%
Avg YoY Growth+12.1%
Median YoY Growth-6.8%
Current Streak2 quarters growth

Frequently Asked Questions

What is Target's change in ap?
Target (TGT) reported change in ap of $1.78B in Q3 2025.
How has Target's change in ap changed year-over-year?
Target's change in ap decreased by 3.1% year-over-year, from $1.84B to $1.78B.
What does change in ap mean?
The change in the amount of money the company owes to its suppliers.