Northrop Grumman Corporation (NOC)

Activity ratios

	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Inventory turnover	25.70	22.45	27.77	29.78	35.02
Receivables turnover	4.74	5.71	5.50	4.88	5.13
Payables turnover	10.38	12.57	14.59	11.26	12.93
Working capital turnover	34.50	281.05	22.27	40.62	12.32

		Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Days of inventory on hand (DOH)	days	14.20	16.26	13.14	12.26	10.42
Days of sales outstanding (DSO)	days	76.93	63.87	66.39	74.73	71.22
Number of days of payables	days	35.15	29.04	25.01	32.42	28.24

	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Fixed asset turnover	3.27	3.33	3.43	4.16	4.52
Total asset turnover	0.82	0.83	0.84	0.84	0.84