CanaanCAN -7.35%39 Days Inventory is 170.51 as of Mar. 2026, which is 39% above its 10-year median of 122.26. GuruFocus rates CAN with a GF Score™ of 39/100 and a GF Value™ of $0.71 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,413 Hardware companies, Canaan ranks worse than 59.1% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Canaan's Average Total Inventories for the
three
months ended in Mar. 2026 was $159.9 Mil. Canaan's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $85.6 Mil.
Hence, Canaan's Days Inventory for the
three
months ended in Mar. 2026 was 170.51.
The historical rank and industry rank for Canaan's Days Inventory or its related term are showing as below:
CAN'
s Days Inventory Range Over the Past 10 Years
Min: 71.39 Med: 122.26 Max: 181.91
Current: 110.3
During the past 9 years, Canaan's highest Days Inventory was 181.91. The lowest was 71.39. And the median was 122.26.
CAN's Days Inventory is ranked worse than 59.1% of 2413
companies
in the Hardware industry
Industry Median: 94.29
vs CAN: 110.30
Canaan's Days Inventory
increased
from Mar. 2025 (115.82) to Mar. 2026 (170.51).
It might indicate that Canaan's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Canaan's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.54.
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.
Canaan's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 2.55.
Canaan (NAS:CAN) 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.
Canaan's Inventory Turnover for the
three
months ended in Mar. 2026 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.
Canaan's Inventory to Revenue for the
three
months ended in Mar. 2026 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.
Canaan Days Inventory Related Terms
Canaan Days Inventory Historical Data
* Premium members only.
The historical data trend for Canaan's Days 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.
For the Computer Hardware subindustry, Canaan'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.
Canaan Days Inventory vs Hardware Industry
For the Hardware industry and Technology sector, Canaan's Days Inventory distribution charts can be found below:
* The bar in red indicates where Canaan'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.
Canaan (CAN) has a Days Inventory of 170.51 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Canaan and its competitors. This is 39% above median its historical median of 122.26. Over the past decade, Canaan's Days Inventory has ranged from 71.39 to 181.91. According to the industry distribution chart, Canaan ranks #1426 out of 2413 companies in the Hardware industry, placing it in the top 59.1%.
Is Canaan's Days Inventory too high?
Canaan's current Days Inventory of 170.51 is 39% above median its 10-year median of 122.26. Over the past 10 years, this metric has ranged from a low of 71.39 to a high of 181.91. The Hardware industry median Days Inventory is 94.29. Canaan's value of 170.51 is 80.8% above this industry median. Based on the distribution chart, Canaan ranks #1426 out of 2413 companies in the Hardware industry, which is below the industry midpoint. Overall, Canaan has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Canaan's Days Inventory compare to BGIN and NNDM?
According to the Hardware industry distribution chart, Canaan ranks #1426 out of 2413 companies for Days Inventory. This places Canaan in the lower half of its industry. The industry median Days Inventory is 94.29. Canaan's value of 170.51 is 80.8% above this benchmark. Historically, Canaan's own Days Inventory has ranged from 71.39 to 181.91 over the past decade. While the company's 10-year median is 122.26 vs. the industry median of 94.29, Canaan has consistently been above 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 a Hardware company?
The median Days Inventory among Hardware companies is 94.29, based on 2,413 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. Canaan's current Days Inventory of 170.51 is 80.8% 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 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 Canaan and its competitors. For the Hardware industry, the median Days Inventory is 94.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canaan's current Days Inventory is 170.51, which is 39% above median its own 10-year median of 122.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canaan stock overvalued right now?
Based on GuruFocus' analysis, Canaan (CAN) is currently considered Possible Value Trap. The stock's GF Value™ is $0.71, compared to a current price of $0.30 — trading 57.7% below its estimated fair value. The current Days Inventory is 170.51, which is 39% above median its 10-year median of 122.26 and 80.8% above the Hardware industry median of 94.29. Canaan's overall GF Score™ is 39/100 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 Canaan (CAN), the current Days Inventory is 170.51 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 Canaan (CAN) Overvalued in 2026?
Based on GuruFocus' analysis, Canaan stock appears to be undervalued.
The current stock price of $0.30 is trading 57.7% below its estimated GF Value™ of $0.71.
GuruFocus considers Canaan to be Possible Value Trap.
Key valuation signals for CAN:
Days Inventory: 170.51 (39% above median its 10-year median of 122.26)
GF Value™: $0.71 vs. price of $0.30 (57.7% below fair value)
Industry Position: 80.8% above the Hardware median (#1426 of 2413)
No single metric tells the full story. See the CAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canaan Inc is a developer of supercomputing chips and the manufacturer of digital blockchain computing equipment and the supplier of the overall scheme for computer software and hardware of digital blockchain. The revenues of the company are derived from the sales of Bitcoin mining machines and related parts and accessories. Geographically, the company derives its maximum revenue from United States.
39GF Score
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