Lockheed MartinLIM:LMT 73 Days Payable is 23.86 as of Mar. 2026, which is 83% above its 10-year median of 13.07. GuruFocus rates LIM:LMT with a GF Score™ of 73/100 and a GF Value™ of $587.42 (Fairly Valued). The stock has 3 warning signs investors should review. Among 337 Aerospace & Defense companies, Lockheed Martin ranks worse than 96.14% on this metric.
The historical rank and industry rank for Lockheed Martin's Days Payable or its related term are showing as below:
LIM:LMT'
s Days Payable Range Over the Past 10 Years
Min: 5.22 Med: 13.07 Max: 21.17
Current: 21.17
During the past 13 years, Lockheed Martin's highest Days Payable was 21.17. The lowest was 5.22. And the median was 13.07.
LIM:LMT's Days Payable is ranked worse than 96.14% of 337
companies
in the Aerospace & Defense industry
Industry Median: 65.05
vs LIM:LMT: 21.17
Lockheed Martin's Days Payable
increased
from Mar. 2025 (17.63) to Mar. 2026 (23.86).
It may suggest that Lockheed Martindelayed paying its suppliers.
Lockheed Martin Days Payable Related Terms
Lockheed Martin Days Payable Historical Data
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The historical data trend for Lockheed Martin's Days Payable 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.
For the Aerospace & Defense subindustry, Lockheed Martin's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Lockheed Martin Days Payable vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Lockheed Martin's Days Payable distribution charts can be found below:
* The bar in red indicates where Lockheed Martin's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Lockheed Martin's Days Payable for the fiscal year that ended in Dec. 2025 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 (LIM:LMT) has a Days Payable of 23.86 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Lockheed Martin and its competitors. This is 83% above median its historical median of 13.07. Over the past decade, Lockheed Martin's Days Payable has ranged from 5.22 to 21.17. According to the industry distribution chart, Lockheed Martin ranks #324 out of 337 companies in the Aerospace & Defense industry, placing it in the top 96.1%.
Is Lockheed Martin's Days Payable too high?
Lockheed Martin's current Days Payable of 23.86 is 83% above median its 10-year median of 13.07. Over the past 10 years, this metric has ranged from a low of 5.22 to a high of 21.17. The Aerospace & Defense industry median Days Payable is 65.05. Lockheed Martin's value of 23.86 is 63.3% below this industry median. Based on the distribution chart, Lockheed Martin ranks #324 out of 337 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Lockheed Martin has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lockheed Martin's Days Payable compare to HWM and GD?
According to the Aerospace & Defense industry distribution chart, Lockheed Martin ranks #324 out of 337 companies for Days Payable. This places Lockheed Martin in the lower half of its industry. The industry median Days Payable is 65.05. Lockheed Martin's value of 23.86 is 63.3% below this benchmark. Historically, Lockheed Martin's own Days Payable has ranged from 5.22 to 21.17 over the past decade. While the company's 10-year median is 13.07 vs. the industry median of 65.05, Lockheed Martin has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Aerospace & Defense company?
The median Days Payable among Aerospace & Defense companies is 65.05, based on 337 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lockheed Martin's current Days Payable of 23.86 is 63.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Lockheed Martin and its competitors. For the Aerospace & Defense industry, the median Days Payable is 65.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lockheed Martin's current Days Payable is 23.86, which is 83% above median its own 10-year median of 13.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lockheed Martin stock overvalued right now?
Based on GuruFocus' analysis, Lockheed Martin (LIM:LMT) is currently considered Fairly Valued. The stock's GF Value™ is $587.42, compared to a current price of $541.22 — trading 7.9% below its estimated fair value. The current Days Payable is 23.86, which is 83% above median its 10-year median of 13.07 and 63.3% below the Aerospace & Defense industry median of 65.05. Lockheed Martin's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Lockheed Martin (LIM:LMT), the current Days Payable is 23.86 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Lockheed Martin (LIM:LMT) Overvalued in 2026?
Based on GuruFocus' analysis, Lockheed Martin stock appears to be undervalued.
The current stock price of $541.22 is trading 7.9% below its estimated GF Value™ of $587.42.
GuruFocus considers Lockheed Martin to be Fairly Valued.
Key valuation signals for LIM:LMT:
Days Payable: 23.86 (83% above median its 10-year median of 13.07)
GF Value™: $587.42 vs. price of $541.22 (7.9% below fair value)
Industry Position: 63.3% below the Aerospace & Defense median (#324 of 337)
No single metric tells the full story. See the LIM:LMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. Aeronautics is Lockheed's largest segment, which derives upward of two-thirds of its revenue from the F-35. Lockheed's remaining segments are rotary and mission systems, mainly encompassing 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.
73GF Score
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