Space Exploration Technologies (FRA:SPX) Total Inventories: €2,063 Mil (As of Dec. 2025)


FRA:SPX Space Exploration Technologies Corp FRA:SPX
12 GF Score
Price €136.74
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What is Space Exploration Technologies Total Inventories?

Space Exploration Technologies FRA:SPX -1.78% 12 Total Inventories is €2,063 Mil as of Dec. 2025. GuruFocus rates FRA:SPX with a GF Score™ of 12/100. The stock has 2 warning signs investors should review.

Space Exploration Technologies's total inventories for the quarter that ended in Dec. 2025 was €2,063 Mil. Space Exploration Technologies's average total inventories from the quarter that ended in Dec. 2024 to the quarter that ended in Dec. 2025 was €1,988 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Space Exploration Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was €-4.07.

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 six months ended in Dec. 2025 was 44.95.

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 4.06.

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 quarter that ended in Dec. 2025 was 0.12.


Space Exploration Technologies  (FRA:SPX) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Space Exploration Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 is

Net-Net Working Capital Per Share (Q: Dec. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(21133.938+0.75 * 1348.466+0.5 * 2063.264-43343.916
-33094.208-0)/13075.865
=-4.07

2. 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 six months ended in Dec. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=1988.0645/8071.154*365 / 2
=44.95

3. 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 (Q: Dec. 2025 ) / Average Total Inventories (Q: Dec. 2025 )
=8071.154 / 1988.0645
=4.06

4. 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 (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=1988.0645 / 15947.596
=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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Space Exploration Technologies Total Inventories Related Terms


Space Exploration Technologies Total Inventories Historical Data

* Premium members only.

The historical data trend for Space Exploration Technologies's Total Inventories 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 Total Inventories Chart

Space Exploration Technologies Annual Data
Trend Dec23 Dec24 Dec25
Total Inventories
0.00 1,912.87 2,063.26

Space Exploration Technologies Semi-Annual Data
Dec23 Dec24 Dec25
Total Inventories 0.00 1,912.87 2,063.26
FRA:SPX
12GF Score
Space Exploration Technologies Corp FRA:SPX
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Space Exploration Technologies Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of €2,063 Mil mean?
Space Exploration Technologies (FRA:SPX) has a Total Inventories of €2,063 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Space Exploration Technologies and its competitors.
Is Space Exploration Technologies' Total Inventories too high?
Space Exploration Technologies' current Total Inventories is €2,063 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' Total Inventories compare to ?
Space Exploration Technologies' Total Inventories of €2,063 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 Total Inventories for an Aerospace & Defense company?
A good Total Inventories depends on the Aerospace & Defense industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Space Exploration Technologies and its competitors. Space Exploration Technologies's current Total Inventories is €2,063 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 (FRA:SPX) has a current Total Inventories of €2,063 Mil. The current Total Inventories is €2,063 Mil. 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 Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Space Exploration Technologies (FRA:SPX), the current Total Inventories is €2,063 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

Comparable Companies
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.
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