International Business Machines (CHIX:IBMD) Days Inventory: 17.55 (As of Mar. 2026) — Near Median


CHIX:IBMD International Business Machines Corp CHIX:IBMD
80 GF Score
Price €243.60
GF Value €241.06
Valuation Fairly Valued
! 3 Warning Signs
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What is International Business Machines Days Inventory?

International Business Machines CHIX:IBMD 80 Days Inventory is 17.55 as of Mar. 2026, which is 2% above its 10-year median of 17.21. GuruFocus rates CHIX:IBMD with a GF Score™ of 80/100 and a GF Value™ of €241.06 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,648 Software companies, International Business Machines ranks better than 52.49% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). International Business Machines's Average Total Inventories for the three months ended in Mar. 2026 was €1,159 Mil. International Business Machines's Cost of Goods Sold for the three months ended in Mar. 2026 was €6,026 Mil. Hence, International Business Machines's Days Inventory for the three months ended in Mar. 2026 was 17.55.

The historical rank and industry rank for International Business Machines's Days Inventory or its related term are showing as below:

CHIX:IBMd' s Days Inventory Range Over the Past 10 Years
Min: 13.56   Med: 17.21   Max: 25.75
Current: 17.23

During the past 13 years, International Business Machines's highest Days Inventory was 25.75. The lowest was 13.56. And the median was 17.21.

CHIX:IBMd's Days Inventory is ranked better than
52.49% of 1648 companies
in the Software industry
Industry Median: 20.11 vs CHIX:IBMd: 17.23

International Business Machines's Days Inventory declined from Mar. 2025 (19.36) to Mar. 2026 (17.55).

Inventory Turnover measures how fast the company turns over its inventory within a year. International Business Machines's Inventory Turnover for the three months ended in Mar. 2026 was 5.20.

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. International Business Machines's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.08.


International Business Machines  (CHIX:IBMd) 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.

International Business Machines'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.

International Business Machines'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.


International Business Machines Days Inventory Related Terms


International Business Machines Days Inventory Historical Data

* Premium members only.

The historical data trend for International Business Machines'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.

International Business Machines Days Inventory Chart

International Business Machines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.51 20.31 18.27 16.13 17.20

International Business Machines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory 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 19.36 18.10 17.48 15.37 17.55

CHIX:IBMD vs ACN, FISV, FIS: Days Inventory Comparison

For the Information Technology Services subindustry, International Business Machines'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.


International Business Machines Days Inventory vs Software Industry

For the Software industry and Technology sector, International Business Machines's Days Inventory distribution charts can be found below:

* The bar in red indicates where International Business Machines's Days Inventory falls into.


CHIX:IBMD
80GF Score
International Business Machines Corp CHIX:IBMD
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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International Business Machines Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

International Business Machines's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (1230.995 + 1041.88) / 2 ) / 24116.106*365
=1136.4375 / 24116.106*365
=17.20

International Business Machines's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (1041.88 + 1276.74) / 2 ) / 6026.455*365 / 4
=1159.31 / 6026.455*365 / 4
=17.55

* 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 Days Inventory →
What does a Days Inventory of 17.55 mean?
International Business Machines (CHIX:IBMD) has a Days Inventory of 17.55 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on International Business Machines and its competitors. This is near median its historical median of 17.21. Over the past decade, International Business Machines' Days Inventory has ranged from 13.56 to 25.75. According to the industry distribution chart, International Business Machines ranks #783 out of 1648 companies in the Software industry, placing it in the top 47.5%.
Is International Business Machines' Days Inventory too high?
International Business Machines' current Days Inventory of 17.55 is near median its 10-year median of 17.21. Over the past 10 years, this metric has ranged from a low of 13.56 to a high of 25.75. The Software industry median Days Inventory is 20.11. International Business Machines' value of 17.55 is 12.7% below this industry median. Based on the distribution chart, International Business Machines ranks #783 out of 1648 companies in the Software industry, which is above the industry midpoint. Overall, International Business Machines has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does International Business Machines' Days Inventory compare to ACN and FISV?
According to the Software industry distribution chart, International Business Machines ranks #783 out of 1648 companies for Days Inventory. This puts International Business Machines in the upper half of its industry. The industry median Days Inventory is 20.11. International Business Machines' value of 17.55 is 12.7% below this benchmark. Historically, International Business Machines' own Days Inventory has ranged from 13.56 to 25.75 over the past decade. While the company's 10-year median is 17.21 vs. the industry median of 20.11, International Business Machines 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 a Software company?
The median Days Inventory among Software companies is 20.11, based on 1,648 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. International Business Machines's current Days Inventory of 17.55 is 12.7% 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 International Business Machines and its competitors. For the Software industry, the median Days Inventory is 20.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Business Machines's current Days Inventory is 17.55, which is near median its own 10-year median of 17.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Business Machines stock overvalued right now?
Based on GuruFocus' analysis, International Business Machines (CHIX:IBMD) is currently considered Fairly Valued. The stock's GF Value™ is €241.06, compared to a current price of €243.60 — trading 1.1% above its estimated fair value. The current Days Inventory is 17.55, which is near median its 10-year median of 17.21 and 12.7% below the Software industry median of 20.11. International Business Machines' overall GF Score™ is 80/100 with 3 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 International Business Machines (CHIX:IBMD), the current Days Inventory is 17.55 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 International Business Machines (CHIX:IBMD) Overvalued in 2026?

Based on GuruFocus' analysis, International Business Machines stock appears to be overvalued. The current stock price of €243.60 is trading 1.1% above its estimated GF Value™ of €241.06. GuruFocus considers International Business Machines to be Fairly Valued.

Key valuation signals for CHIX:IBMD:

  • Days Inventory: 17.55 (near median its 10-year median of 17.21)
  • GF Value™: €241.06 vs. price of €243.60 (1.1% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 12.7% below the Software median (#783 of 1648)

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


International Business Machines Business Description

Address One New Orchard Road, Armonk, NY, USA, 10504
Incorporated in 1911, International Business Machines, or IBM, is one of the oldest technology companies in the world. It provides software, IT consulting services, and hardware to help business customers modernize their technology workflows. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which includes 95% of all Fortune 500 companies. IBM's products, including Red Hat, watsonx, and mainframes, handle some of the world's most important data workloads in areas like finance and retail.
80GF Score

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

€243.60
Price
€241.06
GF Value