SPAI (Safe Pro Group) Change In Inventory : $0.09 Mil (TTM As of Mar. 2025)

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What is Safe Pro Group Change In Inventory?

Safe Pro Group's change in inventory for the quarter that ended in Mar. 2025 was $0.03 Mil. It means Safe Pro Group's inventory declined by $0.03 Mil from Dec. 2024 to Mar. 2025 .

Safe Pro Group's change in inventory for the fiscal year that ended in Dec. 2024 was $0.02 Mil. It means Safe Pro Group's inventory declined by $0.02 Mil from Dec. 2023 to Dec. 2024 .

Safe Pro Group's Total Inventories for the quarter that ended in Mar. 2025 was $0.31 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Safe Pro Group's Days Inventory for the quarter that ended in Mar. 2025 was 243.33.

Inventory Turnover measures how fast the company turns over its inventory within a year. Safe Pro Group's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.38.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Safe Pro Group's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.77.

Safe Pro Group Change In Inventory Historical Data

The historical data trend for Safe Pro Group's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Safe Pro Group Change In Inventory Chart

Safe Pro Group Annual Data

Trend

Dec22

Dec23

Dec24

Change In Inventory

-0.30

0.01

0.02

Safe Pro Group Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Inventory	Get a 7-Day Free Trial					-0.04	0.04	-0.01	0.03	0.03

Safe Pro Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.09 Mil.

Safe Pro Group (NAS:SPAI) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Safe Pro Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.328	/	0.123	*	365 / 4
	=	243.33

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Safe Pro Group's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.123	/	0.328
	=	0.38

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Safe Pro Group's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.328	/	0.185
	=	1.77

Safe Pro Group Change In Inventory Related Terms

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Safe Pro Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Safe Pro Group Inc (NAS:SPAI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

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Address

18305 Biscayne Boulevard, Suite 222, Aventura, FL, USA, 33160

Website

https://www.safeprogroup.com

Safe Pro Group Inc operates to acquire security and protection products. Its emphasis is on the development of a cloud-based ecosystem for analyzing drone imagery and data utilizing proprietary artificial intelligence (AI), machine learning, deep learning, and applied computer vision software for hyper-scalable processing, analysis, and reporting. The company operated in three reportable business segments which consisted of: the business of Safe-Pro USA, the business of Airborne Response, and the business of Safe Pro AI. Key revenue is generated from Airborne Response.