Lockheed Martin Corporation (LMT)
Payables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 64,026,000 | 62,673,000 | 62,516,000 | 61,214,000 | 59,092,000 | 59,202,000 | 58,835,000 | 57,722,000 | 57,697,000 | 56,315,000 | 55,578,000 | 56,966,000 | 57,983,000 | 57,494,000 | 58,127,000 | 57,256,000 | 56,744,000 | 55,681,000 | 54,430,000 | 52,857,000 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $64,026,000K ÷ $—K
= —
The payables turnover ratio for Lockheed Martin Corporation is not available as the payables turnover values for the relevant periods are not provided in the financial data. Payables turnover ratio is calculated by dividing the total purchases by the average accounts payable. It measures how efficiently a company is managing its payables by comparing the amount of purchases made on credit to the average accounts payable balance.
Without the specific payables turnover values, it is challenging to assess Lockheed Martin's ability to efficiently utilize trade credit from its suppliers and manage its payables cycle effectively. Payables turnover analysis is crucial as it provides insights into the company's liquidity position, vendor relationships, and payment terms negotiation.
In conclusion, the absence of payables turnover data for Lockheed Martin Corporation limits the ability to evaluate its payables management performance accurately.
See also:
Lockheed Martin Corporation Payables Turnover (Quarterly Data)