Lockheed Martin Corporation (LMT)

Lockheed Martin Corporation's Days of Inventory on Hand (DOH) has shown a relatively stable trend over the analyzed period from March 31, 2020, to December 31, 2024. The metric, which indicates the average number of days it takes for the company to sell its inventory, started at 24.44 days in March 2020 and gradually decreased over time.

More specifically, there was a consistent reduction in the DOH metric until September 2021, with the lowest point recorded at 18.43 days. This suggests that Lockheed Martin managed its inventory more efficiently during this period, potentially improving its inventory turnover rate.

However, the DOH metric saw a slight increase towards the end of the analyzed period, reaching 19.80 days by December 31, 2024. This increase may indicate a slight slowdown in inventory turnover or changes in the company's inventory management practices.

Overall, Lockheed Martin's DOH trend reflects a generally effective inventory management strategy, with periods of improvement in efficiency followed by a slight increase towards the end of the period. Further analysis of the company's inventory turnover ratio and comparisons with industry benchmarks could provide additional insights into Lockheed Martin's inventory management performance.