Target Inventories increased by 15.6% to $14.90B in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.8%, from $15.17B to $14.90B. Over 4 years (FY 2021 to FY 2025), Inventories shows an upward trend with a 4.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase might suggest overproduction or weakening demand, while a decrease could indicate strong sales or potential supply chain shortages.
The carrying value of raw materials, work-in-process, and finished goods awaiting sale to consumers or enterprise client...
Consumer electronics firms strive for high inventory turnover to mitigate the risk of rapid technological depreciation.
inventories| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $11.26B | $14.96B | $13.90B | $15.08B | $15.32B | $17.12B | $13.50B | $12.62B | $12.68B | $14.73B | $11.89B | $11.73B | $12.60B | $15.17B | $12.74B | $13.05B | $12.88B | $14.90B |
| QoQ Change | — | +32.9% | -7.1% | +8.5% | +1.6% | +11.7% | -21.1% | -6.5% | +0.5% | +16.1% | -19.3% | -1.3% | +7.5% | +20.3% | -16.0% | +2.4% | -1.3% | +15.6% |
| YoY Change | — | — | — | — | +36.1% | +14.4% | -2.9% | -16.4% | -17.2% | -13.9% | -11.9% | -7.0% | -0.6% | +2.9% | +7.2% | +11.2% | +2.2% | -1.8% |