Inventory Turnover (Annual)

Inventory Turnover: A ratio showing how many times a company's inventory is sold and replaced over a period. Calculated as: Cost of Goods Sold / Total Inventory

L3Harris Technologies Inc (LHX) had Inventory Turnover of 11.88 for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$21.32B
Net Income	$1.50B
Cost of Goods Sold	$15.80B
Gross Profit	$5.52B
Operating Expenses	$19.37B
Operating Income	$1.96B
Non-Operating Income/Expense	$-359.00M
Pre-Tax Income	$1.60B
Normalized Pre-Tax Income	$1.64B
Income after Taxes	$1.51B
Income from Continuous Operations	$1.51B
Consolidated Net Income/Loss	$1.51B
Normalized Income after Taxes	$1.55B
EBIT	$1.96B
EBITDA	$3.28B
Weighted-Average Shares Outstanding (Basic)	189.80M
Weighted-Average Shares Outstanding (Diluted)	190.70M
Earnings per Share (EPS) (Basic)	$7.91
Earnings per Share (EPS) (Diluted)	$7.87
Balance Sheet Financials
Current Assets	$8.22B
Property, Plant, and Equipment	$2.81B
Long-Term Assets	$33.78B
Total Assets	$42.00B
Current Liabilities	$7.63B
Long-Term Debt	$11.08B
Long-Term Liabilities	$14.79B
Total Liabilities	$22.42B
Common Equity	$19.58B
Tangible Shareholders Equity	$-8.38B
Shareholders Equity	$19.58B
Common Shares Outstanding	189.79M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$2.56B
Cash Flow from Investing Activities	$-263.00M
Cash Flow from Financial Activities	$-2.22B
Beginning Cash	$560.00M
End Cash	$615.00M
Increase/Decrease in Cash	$55.00M
Stock-Based Compensation	$361.00M
Common Stock Dividends Paid	$-886.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.08
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.36
Debt to Equity Ratio	0.62
Gross Margin	25.90%
Operating Margin	9.17%
EBIT Margin	9.17%
EBITDA Margin	15.40%
Pre-Tax Profit Margin	7.49%
Profit Margin	7.04%
Free Cash Flow	$2.15B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.51
Inventory Turnover	11.88
Receiveable Turnover	14.70
Days Sales in Receivables	24.84
Return on Equity	7.72%
Return on Tangible Equity	-18.03%
Return on Assets	3.60%
Return on Investments	4.93%
Book Value Per Share	$103.16
Free Cash Flow per Share	$11.28
Operating Cash Flow per Share	$13.42

Data from Zacks Investment Research, Inc.