SPCX (Space Exploration Technologies) Change In Inventory: $-413 Mil (TTM As of Dec. 2025)


SPCX Space Exploration Technologies Corp SPCX
12 GF Score
Price $145.44
! 1 Warning Sign
View Full Analysis

What is Space Exploration Technologies Change In Inventory?

Space Exploration Technologies SPCX -4.48% 12 Change In Inventory is $-413 Mil as of Dec. 2025. GuruFocus rates SPCX with a GF Score™ of 12/100. The stock has 1 warning sign investors should review.

Space Exploration Technologies's change in inventory for the quarter that ended in Dec. 2025 was $-413 Mil. It means Space Exploration Technologies's inventory increased by $413 Mil from Dec. 2024 to Dec. 2025 .

Space Exploration Technologies's change in inventory for the fiscal year that ended in Dec. 2025 was $-413 Mil. It means Space Exploration Technologies's inventory increased by $413 Mil from Dec. 2024 to Dec. 2025 .

Space Exploration Technologies's Total Inventories for the quarter that ended in Dec. 2025 was $2,416 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Space Exploration Technologies's Days Inventory for the quarter that ended in Dec. 2025 was 42.67.

Inventory Turnover measures how fast the company turns over its inventory within a year. Space Exploration Technologies's Inventory Turnover for the quarter that ended in Dec. 2025 was 4.28.

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. Space Exploration Technologies's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.12.

Space Exploration Technologies  (NAS:SPCX) Change In Inventory Explanation

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

Space Exploration Technologies's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=2209.5/9451*365 / 2
=42.67

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

Space Exploration Technologies's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=9451 / 2209.5
=4.28

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.

Space Exploration Technologies's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=2209.5 / 18674
=0.12

* 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.

Space Exploration Technologies Change In Inventory Related Terms

Space Exploration Technologies Change In Inventory Historical Data

* Premium members only.

The historical data trend for Space Exploration Technologies'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.

Space Exploration Technologies Change In Inventory Chart

Space Exploration Technologies Annual Data
Trend Dec23 Dec24 Dec25
Change In Inventory
-72.00 -309.00 -413.00

Space Exploration Technologies Semi-Annual Data
Dec23 Dec24 Dec25
Change In Inventory -72.00 -309.00 -413.00
SPCX
12GF Score
Space Exploration Technologies Corp SPCX
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Space Exploration Technologies Change In Inventory Calculation

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

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2025 was $-413 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of $-413 Mil mean?
Space Exploration Technologies (SPCX) has a Change In Inventory of $-413 Mil as of Dec. 2025. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Space Exploration Technologies and its competitors.
Is Space Exploration Technologies' Change In Inventory too high?
Space Exploration Technologies' current Change In Inventory is $-413 Mil. Overall, Space Exploration Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Space Exploration Technologies' Change In Inventory compare to GE and RTX?
Space Exploration Technologies' Change In Inventory of $-413 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for an Aerospace & Defense company?
A good Change In Inventory depends on the Aerospace & Defense industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Space Exploration Technologies and its competitors. Space Exploration Technologies's current Change In Inventory is $-413 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Exploration Technologies stock overvalued right now?
Space Exploration Technologies (SPCX) has a current Change In Inventory of $-413 Mil. The current Change In Inventory is $-413 Mil. Space Exploration Technologies' overall GF Score™ is 12/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Space Exploration Technologies (SPCX), the current Change In Inventory is $-413 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Space Exploration Technologies Business Description

Address 1 Rocket Road, Starbase, TX, USA, 78521
Founded in 2002 and commonly known as SpaceX, the Space Exploration Technologies Corporation designs, manufactures, and operates a family of reusable rockets to launch various payloads into Earth orbit for government and commercial customers. Starting in 2019, the company began launching a constellation of its own communication satellites to provide mobile broadband and wireless services under the Starlink brand. In early 2026, the company acquired xAI from its founder, Elon Musk, which operates a large language artificial intelligence model named Grok, a gigawatt-scale data center called Colossus, and the social media network X.
12GF Score

Get the complete analysis for SPCX

Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$145.44
Price