Lockheed Martin Corporation (LMT)
Receivables 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 71,043,000 | 71,295,000 | 71,069,000 | 69,640,000 | 67,571,000 | 67,688,000 | 67,393,000 | 66,146,000 | 65,984,000 | 64,722,000 | 64,167,000 | 65,750,000 | 67,044,000 | 66,347,000 | 66,814,000 | 66,005,000 | 65,398,000 | 64,244,000 | 62,920,000 | 61,127,000 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $71,043,000K ÷ $—K
= —
The receivables turnover ratio for Lockheed Martin Corporation is not available for the period from March 31, 2020, to December 31, 2024, as the information is marked as "—" for all the dates provided. The receivables turnover ratio indicates how efficiently a company is managing its accounts receivable. Generally, a high receivables turnover ratio is considered favorable as it suggests that the company is collecting outstanding receivables quickly.
Without the specific data points, it is challenging to provide a detailed analysis of Lockheed Martin's receivables turnover over time. However, it is important to note that a consistent or improving receivables turnover ratio can indicate effective credit policies, prompt collection practices, and good customer creditworthiness. Conversely, a declining receivables turnover ratio may point to potential issues with collecting payments or poor management of accounts receivable.
In this case, with the lack of data, it is recommended to monitor future financial reports to assess any changes in Lockheed Martin's receivables turnover ratio and to evaluate the company's efficiency in managing its accounts receivable.
See also:
Lockheed Martin Corporation Receivables Turnover (Quarterly Data)