SPCX (Space Exploration Technologies) Receivables Turnover: 14.20 (As of Dec. 2025)


SPCX Space Exploration Technologies Corp SPCX
12 GF Score
Price $145.44
! 1 Warning Sign
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What is Space Exploration Technologies Receivables Turnover?

Space Exploration Technologies SPCX -4.48% 12 Receivables Turnover is 14.20 as of Dec. 2025. GuruFocus rates SPCX with a GF Score™ of 12/100. The stock has 1 warning sign investors should review. Among 344 Aerospace & Defense companies, Space Exploration Technologies ranks better than 87.79% on this metric.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Space Exploration Technologies's Revenue for the six months ended in Dec. 2025 was $18,674 Mil. Space Exploration Technologies's average Accounts Receivable for the six months ended in Dec. 2025 was $1,316 Mil. Hence, Space Exploration Technologies's Receivables Turnover for the six months ended in Dec. 2025 was 14.20.


Space Exploration Technologies  (NAS:SPCX) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Space Exploration Technologies Receivables Turnover Related Terms


Space Exploration Technologies Receivables Turnover Historical Data

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The historical data trend for Space Exploration Technologies's Receivables Turnover 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 Receivables Turnover Chart

Space Exploration Technologies Annual Data
Trend Dec23 Dec24 Dec25
Receivables Turnover
0.00 13.32 14.20

Space Exploration Technologies Semi-Annual Data
Dec23 Dec24 Dec25
Receivables Turnover 0.00 13.32 14.20

SPCX vs GE, RTX, BA: Receivables Turnover Comparison

For the Aerospace & Defense subindustry, Space Exploration Technologies's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Space Exploration Technologies's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Space Exploration Technologies's Receivables Turnover falls into.


SPCX
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Space Exploration Technologies Corp SPCX
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Space Exploration Technologies Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Space Exploration Technologies's Receivables Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Receivables Turnover (A: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2025 ) / ((Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count )
=18674 / ((1052 + 1579) / 2 )
=18674 / 1315.5
=14.20

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

Receivables Turnover (Q: Dec. 2025 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2025 ) / ((Accounts Receivable (Q: Dec. 2024 ) + Accounts Receivable (Q: Dec. 2025 )) / count )
=18674 / ((1052 + 1579) / 2 )
=18674 / 1315.5
=14.20

* 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 Receivables Turnover →
What does a Receivables Turnover of 14.20 mean?
Space Exploration Technologies (SPCX) has a Receivables Turnover of 14.20 as of Dec. 2025. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Space Exploration Technologies and its competitors. According to the industry distribution chart, Space Exploration Technologies ranks #42 out of 344 companies in the Aerospace & Defense industry, placing it in the top 12.2%.
Is Space Exploration Technologies' Receivables Turnover too high?
Space Exploration Technologies' current Receivables Turnover is 14.20. The Aerospace & Defense industry median Receivables Turnover is 5.61. Space Exploration Technologies' value of 14.20 is 153.1% above this industry median. Based on the distribution chart, Space Exploration Technologies ranks #42 out of 344 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. 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' Receivables Turnover compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Space Exploration Technologies ranks #42 out of 344 companies for Receivables Turnover. This places Space Exploration Technologies in the top 12% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 5.61. Space Exploration Technologies' value of 14.20 is 153.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Aerospace & Defense company?
The median Receivables Turnover among Aerospace & Defense companies is 5.61, based on 344 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Space Exploration Technologies's current Receivables Turnover of 14.20 is 153.1% above 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Space Exploration Technologies and its competitors. For the Aerospace & Defense industry, the median Receivables Turnover is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Exploration Technologies's current Receivables Turnover is 14.20. 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 Receivables Turnover of 14.20. The current Receivables Turnover is 14.20 and 153.1% above the Aerospace & Defense industry median of 5.61. 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 Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Space Exploration Technologies (SPCX), the current Receivables Turnover is 14.20 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

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