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

Motorola Solutions, Inc. (MSI) had Inventory Turnover of 6.06 for the most recently reported fiscal year, ending 2023-12-31.

Quarterly Annual

Figures for fiscal year ending 2023-12-31

Income Statement Financials
Revenue	$9.98B
Net Income	$1.71B
Cost of Goods Sold	$5.01B
Gross Profit	$4.97B
Operating Expenses	$7.68B
Operating Income	$2.29B
Non-Operating Income/Expense	$-148.00M
Pre-Tax Income	$2.15B
Normalized Pre-Tax Income	$2.15B
Income after Taxes	$1.71B
Income from Continuous Operations	$1.71B
Consolidated Net Income/Loss	$1.71B
Normalized Income after Taxes	$1.71B
EBIT	$2.29B
EBITDA	$2.65B
Weighted-Average Shares Outstanding (Basic)	167.00M
Weighted-Average Shares Outstanding (Diluted)	172.10M
Earnings per Share (EPS) (Basic)	$10.23
Earnings per Share (EPS) (Diluted)	$9.93
Balance Sheet Financials
Current Assets	$5.72B
Property, Plant, and Equipment	$964.00M
Long-Term Assets	$7.61B
Total Assets	$13.34B
Current Liabilities	$5.74B
Long-Term Debt	$4.71B
Long-Term Liabilities	$6.86B
Total Liabilities	$12.60B
Common Equity	$739.00M
Tangible Shareholders Equity	$-3.92B
Shareholders Equity	$739.00M
Common Shares Outstanding	166.20M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$2.04B
Cash Flow from Investing Activities	$-414.00M
Cash Flow from Financial Activities	$-1.29B
Beginning Cash	$1.32B
End Cash	$1.71B
Increase/Decrease in Cash	$380.00M
Stock-Based Compensation	$212.00M
Common Stock Dividends Paid	$-594.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.00
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.86
Debt to Equity Ratio	8.14
Gross Margin	49.81%
Operating Margin	22.99%
EBIT Margin	22.99%
EBITDA Margin	26.56%
Pre-Tax Profit Margin	21.51%
Profit Margin	17.13%
Free Cash Flow	$1.79B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.75
Inventory Turnover	6.06
Receiveable Turnover	5.84
Days Sales in Receivables	62.55
Return on Equity	231.94%
Return on Tangible Equity	-43.76%
Return on Assets	12.85%
Return on Investments	31.48%
Book Value Per Share	$4.45
Free Cash Flow per Share	$10.41
Operating Cash Flow per Share	$11.88

Data from Zacks Investment Research, Inc.