Cipher MiningCIFRW -4.88%37 Days Inventory is 174.47 as of Mar. 2026, which is 20% below its 10-year median of 217.17. GuruFocus rates CIFRW with a GF Score™ of 37/100. The stock has 6 warning signs investors should review. Among 1,648 Software companies, Cipher Mining ranks worse than 92.05% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Cipher Mining's Average Total Inventories for the
three
months ended in Mar. 2026 was $100.78 Mil. Cipher Mining's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $52.71 Mil.
Hence, Cipher Mining's Days Inventory for the
three
months ended in Mar. 2026 was 174.47.
The historical rank and industry rank for Cipher Mining's Days Inventory or its related term are showing as below:
CIFRW'
s Days Inventory Range Over the Past 10 Years
Min: 66.52 Med: 217.17 Max: 3065.9
Current: 212.81
During the past 5 years, Cipher Mining's highest Days Inventory was 3065.90. The lowest was 66.52. And the median was 217.17.
CIFRW's Days Inventory is ranked worse than 92.05% of 1648
companies
in the Software industry
Industry Median: 20.11
vs CIFRW: 212.81
Cipher Mining's Days Inventory
declined
from Mar. 2025 (226.08) to Mar. 2026 (174.47).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cipher Mining's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.52.
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.
Cipher Mining's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 2.89.
Cipher Mining (NAS:CIFRW) 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.
Cipher Mining'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.
Cipher Mining'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.
Cipher Mining Days Inventory Related Terms
Cipher Mining Days Inventory Historical Data
* Premium members only.
The historical data trend for Cipher Mining'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.
CIFRW vs JKHY, IT, CACI: Days Inventory Comparison
For the Information Technology Services subindustry, Cipher Mining'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.
Cipher Mining Days Inventory vs Software Industry
For the Software industry and Technology sector, Cipher Mining's Days Inventory distribution charts can be found below:
* The bar in red indicates where Cipher Mining'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.
Cipher Mining (CIFRW) has a Days Inventory of 174.47 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Cipher Mining and its competitors. This is 20% below median its historical median of 217.17. Over the past decade, Cipher Mining's Days Inventory has ranged from 66.52 to 3,065.90. According to the industry distribution chart, Cipher Mining ranks #1517 out of 1648 companies in the Software industry, placing it in the top 92.1%.
Is Cipher Mining's Days Inventory too high?
Cipher Mining's current Days Inventory of 174.47 is 20% below median its 10-year median of 217.17. Over the past 10 years, this metric has ranged from a low of 66.52 to a high of 3,065.90. The Software industry median Days Inventory is 20.11. Cipher Mining's value of 174.47 is 767.6% above this industry median. Based on the distribution chart, Cipher Mining ranks #1517 out of 1648 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Cipher Mining has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Cipher Mining's Days Inventory compare to JKHY and IT?
According to the Software industry distribution chart, Cipher Mining ranks #1517 out of 1648 companies for Days Inventory. This places Cipher Mining in the lower half of its industry. The industry median Days Inventory is 20.11. Cipher Mining's value of 174.47 is 767.6% above this benchmark. Historically, Cipher Mining's own Days Inventory has ranged from 66.52 to 3,065.90 over the past decade. While the company's 10-year median is 217.17 vs. the industry median of 20.11, Cipher Mining 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 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. Cipher Mining's current Days Inventory of 174.47 is 767.6% 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 Cipher Mining 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. Cipher Mining's current Days Inventory is 174.47, which is 20% below median its own 10-year median of 217.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cipher Mining stock overvalued right now?
Cipher Mining (CIFRW) has a current Days Inventory of 174.47. The current Days Inventory is 174.47, which is 20% below median its 10-year median of 217.17 and 767.6% above the Software industry median of 20.11. Cipher Mining's overall GF Score™ is 37/100 with 6 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 Cipher Mining (CIFRW), the current Days Inventory is 174.47 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.
Cipher Digital Inc is focused on high-performance computing (HPC) data center development and operations. It is engaged in developing and operating data centers designed for HPC workloads. Its operations include managing power assets and capital allocation in response to market conditions and demand for AI-related computing capacity.
37GF Score
Get the complete analysis for CIFRW
Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CIFRW has been successfully added to your 
