Lockheed Martin (FRA:LOM) Change In Inventory : €180 Mil (TTM As of Mar. 2024)

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What is Lockheed Martin Change In Inventory?

Lockheed Martin's change in inventory for the quarter that ended in Mar. 2024 was €-134 Mil. It means Lockheed Martin's inventory increased by €134 Mil from Dec. 2023 to Mar. 2024 .

Lockheed Martin's change in inventory for the fiscal year that ended in Dec. 2023 was €-40 Mil. It means Lockheed Martin's inventory increased by €40 Mil from Dec. 2022 to Dec. 2023 .

Lockheed Martin's Total Inventories for the quarter that ended in Mar. 2024 was €3,016 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 Mar. 2024 was 19.21.

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 Mar. 2024 was 4.75.

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 Mar. 2024 was 0.19.

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.

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Lockheed Martin Change In Inventory Chart

Lockheed Martin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-559.80

60.83

499.14

-101.01

-40.35

Lockheed Martin Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-357.72	-24.92	174.28	165.06	-134.32

Lockheed Martin Change In Inventory Calculation

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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €180 Mil.

Lockheed Martin (FRA:LOM) 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:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	2943.902	/	13985.84	*	365 / 4
	=	19.21

2. 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 Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13985.84	/	2943.902
	=	4.75

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 Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2943.902	/	15819.4
	=	0.19

Lockheed Martin Change In Inventory Related Terms

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Lockheed Martin (FRA:LOM) Business Description

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Address

6801 Rockledge Drive, Bethesda, MD, USA, 20817

Website

https://www.lockheedmartin.com

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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