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find the average collection period ratios using this informatio taken from targets $10$k report.Target's AR Turnover Rates displayed an evident decreasing trend from $2021$ to $2023.$ To break

down what its AR Turnover rates imply, it's also important to see how Target's Sales and Average

Accounts Receivable changed from year to year. Target's Sales grew from $92,400$ in $2021$ to $104,611$ in

Its Sales grew to $107,588$ in $2023,$ at the end of this period. Similarly, Target's Average Accounts

Receivable increased from $564\mathrm{.}5$ in $2021$ to $733$ in $2022,$ and finally to $1002$ in $2023.$ This means that

Target increased its Average Accounts Receivable account by $168\mathrm{.}5$ in $2022$ and $269$ in $2023.$ From

$2022$ to $2023,$ there was almost a $50\%$ increase in Average Accounts Receivable numbers for Target.

Although their Sales grew at a decreasing rate of $13\mathrm{.}22\%$ from $2021$ to $2022$ and $2\mathrm{.}8\%$ from $2022,$ their

Accounts Receivable Turnover rates performed in the opposite direction. In $2021,$ Target's AR

Turnover was $163\mathrm{.}68,$ followed by $142\mathrm{.}72$ in $2022.$ In $2023,$ there was a massive decrease in AR

Turnover, decreasing from $142\mathrm{.}72$ to $107\mathrm{.}37.$ In terms of the actual rate of change from year to year,

this company experienced a decrease in AR Turnover of $12\mathrm{.}81\%$ from $2021$ to $2022.$ Similarly, from

$2022$ to $2023,$ there was a decrease in AR Turnover of $24\mathrm{.}77\%.$ This visualizes a decrease of almost

double the rate from $2021$ to $2022.$

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