Space Exploration TechnologiesFRA:SPX -1.78%12 Days Inventory is 89.91 as of Dec. 2025, which is 2% above its 10-year median of 88.38. GuruFocus rates FRA:SPX with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 325 Aerospace & Defense companies, Space Exploration Technologies ranks better than 70.46% on this metric.
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Space Exploration Technologies's Inventory Turnover for the
six
months ended in Dec. 2025 was 4.06.
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
six
months ended in Dec. 2025 was 0.12.
Space Exploration Technologies (FRA:SPX) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Space Exploration Technologies's Inventory Turnover for the
six
months ended in Dec. 2025 is calculated as
2. 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
six
months ended in Dec. 2025 is calculated as
* 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Space Exploration Technologies Days Inventory Related Terms
Space Exploration Technologies Days Inventory Historical Data
* 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 Days Inventory Chart
Space Exploration Technologies Annual Data
Trend
Dec23
Dec24
Dec25
Days Inventory
0.00
91.43
89.91
Space Exploration Technologies Semi-Annual Data
Dec23
Dec24
Dec25
Days Inventory
0.00
91.43
89.91
FRA:SPX vs : Days Inventory Comparison
For the Aerospace & Defense subindustry, Space Exploration Technologies's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Space Exploration Technologies Days Inventory vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Space Exploration Technologies's Days Inventory distribution charts can be found below:
* The bar in red indicates where Space Exploration Technologies's Days Inventory falls into.
* 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 (FRA:SPX) has a Days Inventory of 89.91 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Space Exploration Technologies and its competitors. This is near median its historical median of 88.38. Over the past decade, Space Exploration Technologies' Days Inventory has ranged from 85.33 to 91.43. According to the industry distribution chart, Space Exploration Technologies ranks #96 out of 325 companies in the Aerospace & Defense industry, placing it in the top 29.5%.
Is Space Exploration Technologies' Days Inventory too high?
Space Exploration Technologies' current Days Inventory of 89.91 is near median its 10-year median of 88.38. Over the past 10 years, this metric has ranged from a low of 85.33 to a high of 91.43. The Aerospace & Defense industry median Days Inventory is 141.54. Space Exploration Technologies' value of 89.91 is 36.5% below this industry median. Based on the distribution chart, Space Exploration Technologies ranks #96 out of 325 companies in the Aerospace & Defense industry, which is above the industry midpoint. 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' Days Inventory compare to ?
According to the Aerospace & Defense industry distribution chart, Space Exploration Technologies ranks #96 out of 325 companies for Days Inventory. This puts Space Exploration Technologies in the upper half of its industry. The industry median Days Inventory is 141.54. Space Exploration Technologies' value of 89.91 is 36.5% below this benchmark. Historically, Space Exploration Technologies' own Days Inventory has ranged from 85.33 to 91.43 over the past decade. While the company's 10-year median is 88.38 vs. the industry median of 141.54, Space Exploration Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Aerospace & Defense company?
The median Days Inventory among Aerospace & Defense companies is 141.54, based on 325 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Space Exploration Technologies's current Days Inventory of 89.91 is 36.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Space Exploration Technologies and its competitors. For the Aerospace & Defense industry, the median Days Inventory is 141.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Exploration Technologies's current Days Inventory is 89.91, which is near median its own 10-year median of 88.38. 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 (FRA:SPX) has a current Days Inventory of 89.91. The current Days Inventory is 89.91, which is near median its 10-year median of 88.38 and 36.5% below the Aerospace & Defense industry median of 141.54. Space Exploration Technologies' overall GF Score™ is 12/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Space Exploration Technologies (FRA:SPX), the current Days Inventory is 89.91 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
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
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