Lightspeed Commerce (TSX:LSPD) Days Inventory: 7.91 (As of Mar. 2026) — 27% Above Median


TSX:LSPD Lightspeed Commerce Inc TSX:LSPD
70 GF Score
Price C$15.02
GF Value C$28.55
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Lightspeed Commerce Days Inventory?

Lightspeed Commerce TSX:LSPD -1.89% 70 Days Inventory is 7.91 as of Mar. 2026, which is 27% above its 10-year median of 6.23. GuruFocus rates TSX:LSPD with a GF Score™ of 70/100 and a GF Value™ of C$28.55 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,648 Software companies, Lightspeed Commerce ranks better than 65.59% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Lightspeed Commerce's Average Total Inventories for the three months ended in Mar. 2026 was C$19 Mil. Lightspeed Commerce's Cost of Goods Sold for the three months ended in Mar. 2026 was C$222 Mil. Hence, Lightspeed Commerce's Days Inventory for the three months ended in Mar. 2026 was 7.91.

The historical rank and industry rank for Lightspeed Commerce's Days Inventory or its related term are showing as below:

TSX:LSPD' s Days Inventory Range Over the Past 10 Years
Min: 3.87   Med: 6.23   Max: 10.26
Current: 7.31

During the past 11 years, Lightspeed Commerce's highest Days Inventory was 10.26. The lowest was 3.87. And the median was 6.23.

TSX:LSPD's Days Inventory is ranked better than
65.59% of 1648 companies
in the Software industry
Industry Median: 20.09 vs TSX:LSPD: 7.31

Lightspeed Commerce's Days Inventory declined from Mar. 2025 (9.78) to Mar. 2026 (7.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Lightspeed Commerce's Inventory Turnover for the three months ended in Mar. 2026 was 11.53.

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. Lightspeed Commerce's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.05.


Lightspeed Commerce  (TSX:LSPD) 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.

Lightspeed Commerce'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.

Lightspeed Commerce'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.


Lightspeed Commerce Days Inventory Related Terms


Lightspeed Commerce Days Inventory Historical Data

* Premium members only.

The historical data trend for Lightspeed Commerce'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.

Lightspeed Commerce Days Inventory Chart

Lightspeed Commerce Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.99 9.07 10.26 8.78 8.13

Lightspeed Commerce 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 9.78 7.86 6.64 6.15 7.91

TSX:LSPD vs UBER, SHOP, CRM: Days Inventory Comparison

For the Software - Application subindustry, Lightspeed Commerce'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.


Lightspeed Commerce Days Inventory vs Software Industry

For the Software industry and Technology sector, Lightspeed Commerce's Days Inventory distribution charts can be found below:

* The bar in red indicates where Lightspeed Commerce's Days Inventory falls into.


TSX:LSPD
70GF Score
Lightspeed Commerce Inc TSX:LSPD
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Lightspeed Commerce Days Inventory Calculation

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

Lightspeed Commerce's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (20.977 + 21.796) / 2 ) / 960.57*365
=21.3865 / 960.57*365
=8.13

Lightspeed Commerce'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
=( (16.673 + 21.796) / 2 ) / 221.833*365 / 4
=19.2345 / 221.833*365 / 4
=7.91

* 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 7.91 mean?
Lightspeed Commerce (TSX:LSPD) has a Days Inventory of 7.91 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Lightspeed Commerce and its competitors. This is 27% above median its historical median of 6.23. Over the past decade, Lightspeed Commerce's Days Inventory has ranged from 3.87 to 10.26. According to the industry distribution chart, Lightspeed Commerce ranks #567 out of 1648 companies in the Software industry, placing it in the top 34.4%.
Is Lightspeed Commerce's Days Inventory too high?
Lightspeed Commerce's current Days Inventory of 7.91 is 27% above median its 10-year median of 6.23. Over the past 10 years, this metric has ranged from a low of 3.87 to a high of 10.26. The Software industry median Days Inventory is 20.09. Lightspeed Commerce's value of 7.91 is 60.6% below this industry median. Based on the distribution chart, Lightspeed Commerce ranks #567 out of 1648 companies in the Software industry, which is above the industry midpoint. Overall, Lightspeed Commerce has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lightspeed Commerce's Days Inventory compare to UBER and SHOP?
According to the Software industry distribution chart, Lightspeed Commerce ranks #567 out of 1648 companies for Days Inventory. This puts Lightspeed Commerce in the upper half of its industry. The industry median Days Inventory is 20.09. Lightspeed Commerce's value of 7.91 is 60.6% below this benchmark. Historically, Lightspeed Commerce's own Days Inventory has ranged from 3.87 to 10.26 over the past decade. While the company's 10-year median is 6.23 vs. the industry median of 20.09, Lightspeed Commerce 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 20.09, 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. Lightspeed Commerce's current Days Inventory of 7.91 is 60.6% 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 Lightspeed Commerce and its competitors. For the Software industry, the median Days Inventory is 20.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lightspeed Commerce's current Days Inventory is 7.91, which is 27% above median its own 10-year median of 6.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightspeed Commerce stock overvalued right now?
Based on GuruFocus' analysis, Lightspeed Commerce (TSX:LSPD) is currently considered Significantly Undervalued. The stock's GF Value™ is C$28.55, compared to a current price of C$15.02 — trading 47.4% below its estimated fair value. The current Days Inventory is 7.91, which is 27% above median its 10-year median of 6.23 and 60.6% below the Software industry median of 20.09. Lightspeed Commerce's overall GF Score™ is 70/100 with 1 warning sign 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 Lightspeed Commerce (TSX:LSPD), the current Days Inventory is 7.91 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 Lightspeed Commerce (TSX:LSPD) Overvalued in 2026?

Based on GuruFocus' analysis, Lightspeed Commerce stock appears to be undervalued. The current stock price of C$15.02 is trading 47.4% below its estimated GF Value™ of C$28.55. GuruFocus considers Lightspeed Commerce to be Significantly Undervalued.

Key valuation signals for TSX:LSPD:

  • Days Inventory: 7.91 (27% above median its 10-year median of 6.23)
  • GF Value™: C$28.55 vs. price of C$15.02 (47.4% below fair value)
  • GF Score™: 70/100 with 1 warning sign
  • Industry Position: 60.6% below the Software median (#567 of 1648)

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


Lightspeed Commerce Business Description

Other Exchanges LSPD:USA3L50:Germany
Address 700 Saint-Antoine Street East, Suite 300, Montreal, QC, CAN, H2Y 1A6
Lightspeed Commerce Inc is a one-stop commerce platform providing its customers with the critical functionalities needed to engage with consumers, manage their operations, order their inventory, accept payments, and run their business. It has customers globally in over 100 countries, empowering single- and multi-location small and medium-sized businesses to compete in an omni-channel market environment by engaging with consumers across online, mobile, social, and physical channels. Its products are divided into retail, restaurant, and golf categories. Geographically, it operates in Canada, the United States, the United Kingdom, Switzerland, Germany, and Others with the majority of revenue deriving from Canada.
70GF Score

Get the complete analysis for TSX:LSPD

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

C$15.02
Price
C$28.55
GF Value