Ballard Power SystemsTSX:BLDP +4.54%68 Days Inventory is 240.50 as of Mar. 2026, which is 69% above its 10-year median of 142.55. GuruFocus rates TSX:BLDP with a GF Score™ of 68/100 and a GF Value™ of C$4.16 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,967 Industrial Products companies, Ballard Power Systems ranks worse than 81.23% on this metric.
The historical rank and industry rank for Ballard Power Systems's Days Inventory or its related term are showing as below:
TSX:BLDP'
s Days Inventory Range Over the Past 10 Years
Min: 80.82 Med: 142.55 Max: 226.38
Current: 226.38
During the past 13 years, Ballard Power Systems's highest Days Inventory was 226.38. The lowest was 80.82. And the median was 142.55.
TSX:BLDP's Days Inventory is ranked worse than 81.23% of 2967
companies
in the Industrial Products industry
Industry Median: 119.47
vs TSX:BLDP: 226.38
Ballard Power Systems's Days Inventory
declined
from Mar. 2025 (290.86) to Mar. 2026 (240.50).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ballard Power Systems's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.38.
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.
Ballard Power Systems's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 2.26.
Ballard Power Systems (TSX:BLDP) 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.
Ballard Power Systems'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.
Ballard Power Systems'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.
Ballard Power Systems Days Inventory Related Terms
Ballard Power Systems Days Inventory Historical Data
* Premium members only.
The historical data trend for Ballard Power Systems'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 Electrical Equipment & Parts subindustry, Ballard Power Systems'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.
Ballard Power Systems Days Inventory vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ballard Power Systems's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ballard Power Systems'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.
Ballard Power Systems (TSX:BLDP) has a Days Inventory of 240.50 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Ballard Power Systems and its competitors. This is 69% above median its historical median of 142.55. Over the past decade, Ballard Power Systems' Days Inventory has ranged from 80.82 to 226.38. According to the industry distribution chart, Ballard Power Systems ranks #2410 out of 2967 companies in the Industrial Products industry, placing it in the top 81.2%.
Is Ballard Power Systems' Days Inventory too high?
Ballard Power Systems' current Days Inventory of 240.50 is 69% above median its 10-year median of 142.55. Over the past 10 years, this metric has ranged from a low of 80.82 to a high of 226.38. The Industrial Products industry median Days Inventory is 119.47. Ballard Power Systems' value of 240.50 is 101.3% above this industry median. Based on the distribution chart, Ballard Power Systems ranks #2410 out of 2967 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ballard Power Systems has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' Days Inventory compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ballard Power Systems ranks #2410 out of 2967 companies for Days Inventory. This places Ballard Power Systems in the lower half of its industry. The industry median Days Inventory is 119.47. Ballard Power Systems' value of 240.50 is 101.3% above this benchmark. Historically, Ballard Power Systems' own Days Inventory has ranged from 80.82 to 226.38 over the past decade. While the company's 10-year median is 142.55 vs. the industry median of 119.47, Ballard Power Systems 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.47, based on 2,967 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. Ballard Power Systems's current Days Inventory of 240.50 is 101.3% 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 Ballard Power Systems and its competitors. For the Industrial Products industry, the median Days Inventory is 119.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ballard Power Systems's current Days Inventory is 240.50, which is 69% above median its own 10-year median of 142.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ballard Power Systems stock overvalued right now?
Based on GuruFocus' analysis, Ballard Power Systems (TSX:BLDP) is currently considered Significantly Overvalued. The stock's GF Value™ is C$4.16, compared to a current price of C$5.53 — trading 32.9% above its estimated fair value. The current Days Inventory is 240.50, which is 69% above median its 10-year median of 142.55 and 101.3% above the Industrial Products industry median of 119.47. Ballard Power Systems' overall GF Score™ is 68/100 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 Ballard Power Systems (TSX:BLDP), the current Days Inventory is 240.50 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 Ballard Power Systems (TSX:BLDP) Overvalued in 2026?
Based on GuruFocus' analysis, Ballard Power Systems stock appears to be overvalued.
The current stock price of C$5.53 is trading 32.9% above its estimated GF Value™ of C$4.16.
GuruFocus considers Ballard Power Systems to be Significantly Overvalued.
Key valuation signals for TSX:BLDP:
Days Inventory: 240.50 (69% above median its 10-year median of 142.55)
GF Value™: C$4.16 vs. price of C$5.53 (32.9% above fair value)
Industry Position: 101.3% above the Industrial Products median (#2410 of 2967)
No single metric tells the full story. See the TSX:BLDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from United States followed by Poland, Canada, and other countries.
68GF Score
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