Lockheed Martin Corporation (LMT)

Activity ratios

	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Inventory turnover	19.13	18.46	18.87	18.68	19.45
Receivables turnover	19.24	4.64	4.41	4.45	5.35
Payables turnover	18.58	28.85	25.56	27.25	74.34
Working capital turnover	37.03	29.25	18.85	12.93	11.52

		Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Days of inventory on hand (DOH)	days	19.08	19.78	19.35	19.54	18.77
Days of sales outstanding (DSO)	days	18.97	78.65	82.73	82.00	68.28
Number of days of payables	days	19.65	12.65	14.28	13.39	4.91

	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Fixed asset turnover	8.46	7.30	7.14	8.27	8.83
Total asset turnover	1.25	1.28	1.29	1.25	1.32