CSIMarket
 


Lockheed Martin Corporation  (LMT)
Other Ticker:  
 
    Sector  Capital Goods    Industry Aerospace & Defense
   Industry Aerospace & Defense
   Sector  Capital Goods
 

Lockheed Martin Accounts Receivables Turnover Ratio from the forth quarter 2023 to the forth quarter 2022

Quarterly Results, Trends, Rankings, Statistics


Lockheed Martin Corporation's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the forth quarter 2023 to a ratio of 25.63, above the company average. This is a clear sign of healthy business climate in the Aerospace & Defense industry and improving liquidity at their respective customers, during the forth quarter 2023. Average receivable collection period, for the Lockheed Martin in Dec 31 2023 quarter, has decreased to 14 days, compared to 15 days, in the Sep 24 2023 quarter.

If we take a look into Capital Goods sector 18 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 311, from overall ranking in the third quarter 2023 at 536.

What is Receivable Turnover Ratio?
What is Lockheed Martin Corporation Selling?


What is Receivable Turnover Ratio?




LMT Receivables Turnover Ratio (Dec 31 2023)
IV. Quarter
(Sep 24 2023)
III. Quarter
(Jun 25 2023)
II. Quarter
(Mar 26 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Receivable Change -14.89 % -3.18 % 0.76 % 2.22 % 27.61 %
Y / Y Revenue Change -0.62 % 1.78 % 8.07 % 1.08 % 7.12 %
Receivable Turnover Ratio (TTM) 25.63 24.79 24.51 24.11 24.18
LMT's Total Ranking # 311 # 536 # 549 # 562 # 678
Average receivable collection period 14 15 15 15 15
Seq. Receivable Change -11.35 % -29.82 % 32.68 % 3.11 % 0.85 %
Seq. Revenue Change 11.83 % 1.11 % 10.36 % -20.35 % 14.52 %


Receivable Turnover Company Ranking
Within: No.
Aerospace & Defense Industry # 1
Capital Goods Sector # 19
Overall Market # 311

Receivable Turnover Ratio Statistics
High Average Low
29.62 12.68 5.28
(Dec 31 2021)   (Mar 26 2017)






Financial Statements
Lockheed Martin's Accounts Receivable $ 2,132 Millions Visit LMT's Balance sheet
Lockheed Martin's Sales TTM $ 67,571 Millions Visit LMT's Income Statement
Where are LMT's Sales coming from? Visit LMT's Sales by Geography

Other Accounts Receivable Turnover Ratios
Aerospace & Defense Industry Accounts Receivable Turnover Trends and Statistics
Capital Goods Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
LMT's Receivable Turnover Ratio versus Aerospace & Defense Industry, Capital Goods Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover
Accounts Receivable Turnover for LMT's Competitors
Receivables Turnover Ratio for LMT's Suppliers
Accounts Receivables Turnover Ratio for LMT's Customers

You may also want to know
LMT's Growth Rates LMT's Roa LMT's Inventory Turnover Ratio LMT's Dividend Comparisons
LMT's Profitability Ratios LMT's Roi LMT's Asset Turnover Ratio LMT's Dividend Growth
LMT's Valuation Ratios LMT's Roe LMT's Financial Strength Ratios LMT's Dividend Payout Ratio



Companies with similar Receivables Turnover Ratio for the quarter ending Dec 31 2023, within Capital Goods Sector Receivable Turnover Ratio Revenues for 12 Months ending Dec 31 2023 Receivable at quarter ending Dec 31 2023
Lgi Homes Inc   64.18 $ 2,358.580  Millions$ 36.752  Millions
Century Communities Inc   63.26 $ 3,727.027  Millions$ 58.919  Millions
Enerflex Ltd  60.95 $ 2,422.165  Millions$ 39.737  Millions
M d c Holdings Inc   53.86 $ 4,520.109  Millions$ 83.918  Millions
Beazer Homes Usa Inc   49.79 $ 2,147.687  Millions$ 43.139  Millions
Marine Products Corporation  40.94 $ 383.379  Millions$ 9.364  Millions
Lennar Corp  31.85 $ 34,233.366  Millions$ 1,074.679  Millions
Tri Pointe Homes Inc   27.68 $ 4,167.884  Millions$ 150.563  Millions
Phoenix Plus Corp   26.63 $ 0.997  Millions$ 0.037  Millions
Comfort Systems Usa inc   26.20 $ 5,206.760  Millions$ 198.735  Millions
Lockheed Martin Corporation  25.63 $ 67,571.000  Millions$ 2,636.750  Millions
Gencor Industries Inc   24.43 $ 104.746  Millions$ 4.288  Millions
Energy Vault Holdings Inc   21.63 $ 341.531  Millions$ 15.791  Millions
Malibu Boats Inc   20.09 $ 1,213.621  Millions$ 60.414  Millions
Cavco Industries Inc   20.06 $ 1,851.054  Millions$ 92.280  Millions
Greystone Logistics Inc   19.35 $ 61.459  Millions$ 3.176  Millions
Kb Home  18.56 $ 6,410.629  Millions$ 345.348  Millions
Stantec Inc   18.15 $ 3,880.709  Millions$ 213.867  Millions
Leonardo Drs Inc   15.99 $ 2,826.000  Millions$ 176.750  Millions
Winnebago Industries Inc   15.48 $ 3,300.700  Millions$ 213.175  Millions
L3harris Technologies Inc   14.50 $ 19,419.000  Millions$ 1,339.250  Millions
Fluor Corporation  13.85 $ 15,573.000  Millions$ 1,124.250  Millions
Huntington Ingalls Industries Inc   13.64 $ 11,454.000  Millions$ 840.000  Millions
Sono Tek Corp  12.45 $ 18.589  Millions$ 1.493  Millions
Enovix Corporation  12.20 $ 7.583  Millions$ 0.622  Millions
Hillman Solutions Corp   12.19 $ 1,476.477  Millions$ 121.154  Millions
Northrop Grumman Corp  12.03 $ 39,290.000  Millions$ 3,267.000  Millions
Acorn Energy Inc   11.78 $ 8.305  Millions$ 0.705  Millions
Wabash National Corporation  11.50 $ 2,536.187  Millions$ 220.629  Millions
Sunrun Inc   11.37 $ 2,259.813  Millions$ 198.749  Millions

Date modified: 2024-01-25T21:12:55+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com