Lockheed Martin Corporation (LMT)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 71,043,000 | 67,571,000 | 65,984,000 | 67,044,000 | 65,398,000 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $71,043,000K ÷ $—K
= —
The information provided for Lockheed Martin Corporation's receivables turnover indicates that the data is not available for the years 2020 through 2024. Without specific values for each year, it is not possible to calculate or analyze the receivables turnover ratio for the company during this period.
In order to evaluate the efficiency of Lockheed Martin in collecting its accounts receivable, having historical data for receivables turnover would be essential. This ratio is crucial for understanding how quickly the company is converting its credit sales into cash.
Given the absence of data, further assessment of Lockheed Martin's receivables management effectiveness through the receivables turnover ratio is not feasible at this time.