Lockheed Martin Corporation (LMT)

Lockheed Martin Corporation's days of inventory on hand (DOH) has shown a declining trend over the past five years. In December 2020, the DOH stood at 22.80 days, indicating that the company held inventory for an average of approximately 22.80 days. By December 2021, the DOH decreased to 18.77 days, suggesting a more efficient management of inventory.

Subsequently, in December 2022, the DOH slightly increased to 19.54 days but remained below the initial level in 2020. In December 2023, the DOH decreased again to 19.35 days, indicating continued improvement in inventory management efficiency.

By December 2024, the DOH rose slightly to 19.78 days compared to the previous year, but remained relatively stable, reflecting a consistent approach to managing inventory levels.

Overall, the decreasing trend in DOH over the past five years suggests that Lockheed Martin Corporation has been effectively managing its inventory levels, potentially reducing carrying costs and ensuring optimal utilization of resources.