Lockheed Martin's change in inventory for the quarter that ended in Dec. 2023 was $180 Mil. It means Lockheed Martin's inventory
declined by $180 Mil
from Sep. 2023 to Dec. 2023 .
Lockheed Martin's change in inventory for the fiscal year that ended in Dec. 2023 was $-44 Mil. It means Lockheed Martin's inventory
increased by $44 Mil
from Dec. 2022 to Dec. 2023 .
Lockheed Martin's Total Inventories for the quarter that ended in Dec. 2023 was $3,132 Mil.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lockheed Martin's Days Inventory for the quarter that ended in Dec. 2023 was 17.73.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Lockheed Martin's Inventory Turnover for the quarter that ended in Dec. 2023 was 5.15.
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Lockheed Martin's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.17.
Lockheed Martin Change In Inventory Historical Data
The historical data trend for Lockheed Martin's Change In Inventory can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.
Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-44 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lockheed Martin (NYSE:LMT) Change In Inventory Explanation
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Lockheed Martin's Days Inventory for the quarter that ended in is calculated as:
3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Lockheed Martin's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Lockheed Martin Change In Inventory Related Terms
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Lockheed Martin (Lockheed Martin) Business Description
Lockheed Martin is the world's largest defense contractor and has dominated the Western market for high-end fighter aircraft since it won the F-35 Joint Strike Fighter program in 2001. Lockheed's largest segment is aeronautics, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, which is mainly the Sikorsky helicopter business; missiles and fire control, which creates missiles and missile defense systems; and space systems, which produces satellites and receives equity income from the United Launch Alliance joint venture.
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