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

Textron Inc. (TXT) had Inventory Turnover of 2.91 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	$13.68B
Net Income	$921.00M
Cost of Goods Sold	$11.40B
Gross Profit	$2.28B
Operating Expenses	$12.63B
Operating Income	$1.05B
Non-Operating Income/Expense	$34.00M
Pre-Tax Income	$1.09B
Normalized Pre-Tax Income	$1.21B
Income after Taxes	$922.00M
Income from Continuous Operations	$922.00M
Consolidated Net Income/Loss	$921.00M
Normalized Income after Taxes	$1.07B
EBIT	$1.05B
EBITDA	$1.45B
Weighted-Average Shares Outstanding (Basic)	199.72M
Weighted-Average Shares Outstanding (Diluted)	201.77M
Earnings per Share (EPS) (Basic)	$4.61
Earnings per Share (EPS) (Diluted)	$4.56
Balance Sheet Financials
Current Assets	$8.40B
Property, Plant, and Equipment	$2.48B
Long-Term Assets	$8.45B
Total Assets	$16.86B
Current Liabilities	$4.38B
Long-Term Debt	$3.52B
Long-Term Liabilities	$5.49B
Total Liabilities	$9.87B
Common Equity	$6.99B
Tangible Shareholders Equity	$4.69B
Shareholders Equity	$6.99B
Common Shares Outstanding	192.90M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$1.27B
Cash Flow from Investing Activities	$-317.00M
Cash Flow from Financial Activities	$-813.00M
Beginning Cash	$2.04B
End Cash	$2.18B
Increase/Decrease in Cash	$146.00M
Stock-Based Compensation	--
Common Stock Dividends Paid	$-16.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.92
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.33
Debt to Equity Ratio	0.55
Gross Margin	16.65%
Operating Margin	7.70%
EBIT Margin	7.70%
EBITDA Margin	10.58%
Pre-Tax Profit Margin	7.94%
Profit Margin	6.73%
Free Cash Flow	$882.00M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.81
Inventory Turnover	2.91
Receiveable Turnover	15.76
Days Sales in Receivables	23.15
Return on Equity	13.20%
Return on Tangible Equity	19.65%
Return on Assets	5.47%
Return on Investments	8.78%
Book Value Per Share	$36.22
Free Cash Flow per Share	$4.37
Operating Cash Flow per Share	$6.27

Data from Zacks Investment Research, Inc.