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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 third quarter 2023 to the third 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 third quarter 2023 to a ratio of 24.79, 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 third quarter 2023. Average collection period, for Lockheed Martin's accounts receivable remained unchanged at 15 days, in the Sep 24 2023 quarter.

If we take a look into Capital Goods sector 16 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Sep 24 2023 from 89 to 110.

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


What is Receivable Turnover Ratio?




LMT Receivables Turnover Ratio (Sep 24 2023)
III. Quarter
(Jun 25 2023)
II. Quarter
(Mar 26 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 25 2022)
III. Quarter
Y / Y Receivable Change -3.18 % 0.76 % 2.22 % 27.61 % 9.57 %
Y / Y Revenue Change 1.78 % 8.07 % 1.08 % 7.12 % 3.46 %
Receivable Turnover Ratio (TTM) 24.79 24.51 24.11 24.18 24.95
LMT's Total Ranking # 110 # 89 # 520 # 492 # 512
Average receivable collection period 15 15 15 15 15
Seq. Receivable Change -29.82 % 32.68 % 3.11 % 0.85 % -26.96 %
Seq. Revenue Change 1.11 % 10.36 % -20.35 % 14.52 % 7.36 %


Receivable Turnover Company Ranking
Within: No.
Aerospace & Defense Industry # 2
Capital Goods Sector # 17
Overall Market # 110

Receivable Turnover Ratio Statistics
High Average Low
2.09 1.27 0.95
(Sep. 30, 2015)   (Mar 26 2017)






Financial Statements
Lockheed Martin's Accounts Receivable $ 2,405 Millions Visit LMT's Balance sheet
Lockheed Martin's Sales TTM $ 67,688 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 Sep 24 2023, within Capital Goods Sector Receivable Turnover Ratio Revenues for 12 Months ending Sep 24 2023 Receivable at quarter ending Sep 24 2023
Lgi Homes Inc   68.44 $ 2,238.428  Millions$ 32.708  Millions
Beazer Homes Usa Inc   66.78 $ 2,205.695  Millions$ 33.030  Millions
M d c Holdings Inc   56.42 $ 4,696.991  Millions$ 83.258  Millions
Dragonfly Energy Holdings Corp   51.06 $ 139.417  Millions$ 2.730  Millions
Marine Products Corporation  42.09 $ 420.819  Millions$ 9.997  Millions
Mastercraft Boat Holdings Inc   41.52 $ 596.576  Millions$ 14.370  Millions
Taylor Morrison Home Corp  41.27 $ 7,901.786  Millions$ 191.467  Millions
Skyline Champion Corporation  36.28 $ 2,000.904  Millions$ 55.147  Millions
Tri Pointe Homes Inc   33.04 $ 4,518.481  Millions$ 136.766  Millions
Lennar Corp  32.75 $ 33,439.550  Millions$ 1,021.176  Millions
Comfort Systems Usa inc   29.60 $ 4,966.382  Millions$ 167.811  Millions
Lockheed Martin Corporation  24.79 $ 67,688.000  Millions$ 2,730.000  Millions
Gencor Industries Inc   23.63 $ 105.037  Millions$ 4.445  Millions
Enovix Corporation  20.39 $ 1.193  Millions$ 0.059  Millions
Cavco Industries Inc   20.00 $ 1,904.888  Millions$ 95.222  Millions
Kb Home  19.97 $ 6,676.671  Millions$ 334.324  Millions
Malibu Boats Inc   19.91 $ 1,341.878  Millions$ 67.401  Millions
Terran Orbital Corporation  18.20 $ 130.131  Millions$ 7.151  Millions
Energy Vault Holdings Inc   17.59 $ 322.839  Millions$ 18.358  Millions
Greystone Logistics Inc   16.92 $ 58.423  Millions$ 3.454  Millions
Winnebago Industries Inc   16.08 $ 3,490.100  Millions$ 217.025  Millions
Black Bird Biotech Inc   15.60 $ 0.036  Millions$ 0.002  Millions
Phoenix Plus Corp   15.16 $ 0.529  Millions$ 0.035  Millions
Leonardo Drs Inc   15.07 $ 2,720.000  Millions$ 180.500  Millions
Ies Holdings Inc   14.92 $ 2,377.227  Millions$ 159.361  Millions
Legacy Housing Corporation  14.01 $ 230.981  Millions$ 16.489  Millions
L3harris Technologies Inc   13.64 $ 18,481.000  Millions$ 1,354.500  Millions
Hillman Solutions Corp   12.64 $ 1,479.332  Millions$ 117.030  Millions
Huntington Ingalls Industries Inc   12.59 $ 11,089.000  Millions$ 880.500  Millions
Shapeways Holdings Inc   12.41 $ 33.715  Millions$ 2.718  Millions

Date modified: 2023-10-18T14:20:13+00:00



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