D-Wave QuantumQBTS +3.88%64 Days Inventory is 249.67 as of Mar. 2026, which is 4% above its 10-year median of 239.78. GuruFocus rates QBTS with a GF Score™ of 64/100 and a GF Value™ of $2.45 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,415 Hardware companies, D-Wave Quantum ranks worse than 85.76% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). D-Wave Quantum's Average Total Inventories for the
three
months ended in Mar. 2026 was $2.85 Mil. D-Wave Quantum's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $1.04 Mil.
Hence, D-Wave Quantum's Days Inventory for the
three
months ended in Mar. 2026 was 249.67.
The historical rank and industry rank for D-Wave Quantum's Days Inventory or its related term are showing as below:
QBTS'
s Days Inventory Range Over the Past 10 Years
Min: 188.59 Med: 239.78 Max: 1005.64
Current: 220.41
During the past 6 years, D-Wave Quantum's highest Days Inventory was 1005.64. The lowest was 188.59. And the median was 239.78.
QBTS's Days Inventory is ranked worse than 85.76% of 2415
companies
in the Hardware industry
Industry Median: 94.29
vs QBTS: 220.41
D-Wave Quantum's Days Inventory
increased
from Mar. 2025 (137.52) to Mar. 2026 (249.67).
It might indicate that D-Wave Quantum's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
D-Wave Quantum's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.37.
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.
D-Wave Quantum's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 1.00.
D-Wave Quantum (NYSE:QBTS) 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.
D-Wave Quantum'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.
D-Wave Quantum'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.
D-Wave Quantum Days Inventory Related Terms
D-Wave Quantum Days Inventory Historical Data
* Premium members only.
The historical data trend for D-Wave Quantum'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.
QBTS vs RGTI, QUBT, BRAI: Days Inventory Comparison
For the Computer Hardware subindustry, D-Wave Quantum'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.
D-Wave Quantum Days Inventory vs Hardware Industry
For the Hardware industry and Technology sector, D-Wave Quantum's Days Inventory distribution charts can be found below:
* The bar in red indicates where D-Wave Quantum'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.
D-Wave Quantum (QBTS) has a Days Inventory of 249.67 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on D-Wave Quantum and its competitors. This is near median its historical median of 239.78. Over the past decade, D-Wave Quantum's Days Inventory has ranged from 188.59 to 1,005.64. According to the industry distribution chart, D-Wave Quantum ranks #2071 out of 2415 companies in the Hardware industry, placing it in the top 85.8%.
Is D-Wave Quantum's Days Inventory too high?
D-Wave Quantum's current Days Inventory of 249.67 is near median its 10-year median of 239.78. Over the past 10 years, this metric has ranged from a low of 188.59 to a high of 1,005.64. The Hardware industry median Days Inventory is 94.29. D-Wave Quantum's value of 249.67 is 164.8% above this industry median. Based on the distribution chart, D-Wave Quantum ranks #2071 out of 2415 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, D-Wave Quantum has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-Wave Quantum's Days Inventory compare to RGTI and QUBT?
According to the Hardware industry distribution chart, D-Wave Quantum ranks #2071 out of 2415 companies for Days Inventory. This places D-Wave Quantum in the lower half of its industry. The industry median Days Inventory is 94.29. D-Wave Quantum's value of 249.67 is 164.8% above this benchmark. Historically, D-Wave Quantum's own Days Inventory has ranged from 188.59 to 1,005.64 over the past decade. While the company's 10-year median is 239.78 vs. the industry median of 94.29, D-Wave Quantum 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 2,415 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. D-Wave Quantum's current Days Inventory of 249.67 is 164.8% 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 D-Wave Quantum 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. D-Wave Quantum's current Days Inventory is 249.67, which is near median its own 10-year median of 239.78. 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 $2.45, compared to a current price of $22.76 — trading 829% above its estimated fair value. The current Days Inventory is 249.67, which is near median its 10-year median of 239.78 and 164.8% above the Hardware industry median of 94.29. D-Wave Quantum's overall GF Score™ is 64/100 with 4 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 D-Wave Quantum (QBTS), the current Days Inventory is 249.67 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 $22.76 is trading 829% above its estimated GF Value™ of $2.45.
GuruFocus considers D-Wave Quantum to be Significantly Overvalued.
Key valuation signals for QBTS:
Days Inventory: 249.67 (near median its 10-year median of 239.78)
GF Value™: $2.45 vs. price of $22.76 (829% above fair value)
Industry Position: 164.8% above the Hardware median (#2071 of 2415)
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 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.
64GF Score
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