QBTS (D-Wave Quantum) Change In Receivables: $-7.88 Mil (TTM As of Mar. 2026)

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QBTS D-Wave Quantum Inc QBTS
63 GF Score
Price $19.51
GF Value $2.82
Valuation Significantly Overvalued
! 4 Warning Signs
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What is D-Wave Quantum Change In Receivables?

D-Wave Quantum QBTS +20.36% 63 Change In Receivables is $-7.88 Mil as of Mar. 2026. GuruFocus rates QBTS with a GF Score™ of 63/100 and a GF Value™ of $2.82 (Significantly Overvalued). The stock has 4 warning signs investors should review.

D-Wave Quantum's change in receivables for the quarter that ended in Mar. 2026 was $-7.32 Mil. It means D-Wave Quantum's Accounts Receivable increased by $7.32 Mil from Dec. 2025 to Mar. 2026 .

D-Wave Quantum's change in receivables for the fiscal year that ended in Dec. 2025 was $-0.20 Mil. It means D-Wave Quantum's Accounts Receivable increased by $0.20 Mil from Dec. 2024 to Dec. 2025 .

D-Wave Quantum's Accounts Receivable for the quarter that ended in Mar. 2026 was $8.91 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. D-Wave Quantum's Days Sales Outstanding for the three months ended in Mar. 2026 was 284.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. D-Wave Quantum's liquidation value for the three months ended in Mar. 2026 was $520.97 Mil.


D-Wave Quantum  (NAS:QBTS) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

D-Wave Quantum's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.911/2.858*91
=284.51

2. In Ben Graham's calculation of liquidation value, D-Wave Quantum's accounts receivable are only considered to be worth 75% of book value:

D-Wave Quantum's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=588.395-75.563+0.75 * 8.911+0.5 * 2.915
=520.97

* 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.


D-Wave Quantum Change In Receivables Related Terms


D-Wave Quantum Change In Receivables Historical Data

* Premium members only.

The historical data trend for D-Wave Quantum's Change In Receivables 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.

D-Wave Quantum Change In Receivables Chart

D-Wave Quantum Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial 2.40 1.00 -0.55 0.14 -0.20

D-Wave Quantum Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 -0.42 -0.48 0.34 -7.32
QBTS
63GF Score
D-Wave Quantum Inc QBTS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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D-Wave Quantum Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.88 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 Receivables →
What does a Change In Receivables of $-7.88 Mil mean?
D-Wave Quantum (QBTS) has a Change In Receivables of $-7.88 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for D-Wave Quantum and its competitors.
Is D-Wave Quantum's Change In Receivables too high?
D-Wave Quantum's current Change In Receivables is $-7.88 Mil. Overall, D-Wave Quantum has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-Wave Quantum's Change In Receivables compare to RGTI and QUBT?
D-Wave Quantum's Change In Receivables of $-7.88 Mil can be compared against companies in the Hardware 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 Receivables for a Hardware company?
A good Change In Receivables depends on the Hardware industry context. However, Change In Receivables 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 Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for D-Wave Quantum and its competitors. D-Wave Quantum's current Change In Receivables is $-7.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D-Wave Quantum stock overvalued right now?
Based on GuruFocus' analysis, D-Wave Quantum (QBTS) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.82, compared to a current price of $19.51 — trading 591.8% above its estimated fair value. The current Change In Receivables is $-7.88 Mil. D-Wave Quantum's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For D-Wave Quantum (QBTS), the current Change In Receivables is $-7.88 Mil as of Mar. 2026. 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.

Is D-Wave Quantum (QBTS) Overvalued in 2026?

Based on GuruFocus' analysis, D-Wave Quantum stock appears to be overvalued. The current stock price of $19.51 is trading 591.8% above its estimated GF Value™ of $2.82. GuruFocus considers D-Wave Quantum to be Significantly Overvalued.

Key valuation signals for QBTS:

  • Change In Receivables: $-7.88 Mil
  • GF Value™: $2.82 vs. price of $19.51 (591.8% above fair value)
  • GF Score™: 63/100 with 4 warning signs

No single metric tells the full story. See the QBTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


D-Wave Quantum Business Description

Address 2650 East Bayshore Road, Palo Alto, CA, USA, 94303
D-Wave Quantum Inc is in the development and delivery of quantum computing systems, software, and services, and it is the commercial supplier of quantum computers and the only company building both annealing quantum computers and gate-model quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Its annealing quantum computers are accessible through the company's LeapTM cloud service.
63GF Score

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

$19.51
Price
$2.82
GF Value