What is Target's change in AP?

Target (TGT) reported change in AP of -$557M in Q1 2026.

How has Target's change in AP changed year-over-year?

Target's change in AP increased by 58.6% year-over-year, from -$1.34B to -$557M.

What does change in AP mean?

Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.

Target TGT Change in AP

Change in AP at other companies

Dollar GeneralDG

$293.52M+937%

KrogerKR

$563M+95.5%

Walmart WMT

$1.18B+480%

TJX CompaniesTJX

$282M+179%

Bath & Body WorksBBWI

$34M+143%

Williams-SonomaWSM

-$82.41M+14.2%

Other financials

Income statement

See full

Revenue$25.4B+6.7%

Gross profit$7.4B+9.9%

Operating income$1.1B-22.9%

Net income$781.0M-24.6%

EPS (diluted)$1.71-24.7%

Balance sheet

See full

Cash & equivalents$3.5B+22.4%

Total debt$18.8B-1.1%

Total equity$16.4B+9.7%

Total assets$58.0B+3.2%

Cash flow

See full

Operating cash flow$716.0M+160%

CapEx$1.0B+31.0%

Free cash flow-$319.0M+38.1%

Valuation

See full

Market cap$59.32B+33.8%

Enterprise value$74.62B+23.3%

P/E17.2×+6.6×

P/S0.6×+0.1×

Profitability

See full

Gross margin28.1%+0.1pp

Operating margin4.5%-0.9pp

Net margin3.2%-0.7pp

FCF margin2.8%-0.5pp

Returns & leverage

See full

Return on equity22%-7.1pp

Debt / equity1.1×-0.1×

Current ratio0.9×0.0×

Where this comes from

Reported directly by Target in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccountsPayable.

The official record: Target’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about Target's change in ap.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Target's change in AP?: Target (TGT) reported change in AP of -$557M in Q1 2026.
How has Target's change in AP changed year-over-year?: Target's change in AP increased by 58.6% year-over-year, from -$1.34B to -$557M.
What does change in AP mean?: Increase or decrease in amounts owed to suppliers — a key working capital component affecting operating cash flow.