Restaurant Brands International (TSX:QSR) Days Inventory: 12.44 (As of Mar. 2026) — 15% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:QSR Restaurant Brands International Inc TSX:QSR
89 GF Score
Price C$104.19
GF Value C$120.45
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Restaurant Brands International Days Inventory?

Restaurant Brands International TSX:QSR -0.71% 89 Days Inventory is 12.44 as of Mar. 2026, which is 15% above its 10-year median of 10.78. GuruFocus rates TSX:QSR with a GF Score™ of 89/100 and a GF Value™ of C$120.45 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 344 Restaurants companies, Restaurant Brands International ranks better than 63.08% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Restaurant Brands International's Average Total Inventories for the three months ended in Mar. 2026 was C$281 Mil. Restaurant Brands International's Cost of Goods Sold for the three months ended in Mar. 2026 was C$2,059 Mil. Hence, Restaurant Brands International's Days Inventory for the three months ended in Mar. 2026 was 12.44.

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

TSX:QSR' s Days Inventory Range Over the Past 10 Years
Min: 9.12   Med: 10.78   Max: 13
Current: 11.03

During the past 13 years, Restaurant Brands International's highest Days Inventory was 13.00. The lowest was 9.12. And the median was 10.78.

TSX:QSR's Days Inventory is ranked better than
63.08% of 344 companies
in the Restaurants industry
Industry Median: 15.53 vs TSX:QSR: 11.03

Restaurant Brands International's Days Inventory increased from Mar. 2025 (9.74) to Mar. 2026 (12.44). It might indicate that Restaurant Brands International's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Restaurant Brands International's Inventory Turnover for the three months ended in Mar. 2026 was 7.34.

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. Restaurant Brands International's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.09.


Restaurant Brands International  (TSX:QSR) 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.

Restaurant Brands International'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.

Restaurant Brands International'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.


Restaurant Brands International Days Inventory Related Terms


Restaurant Brands International Days Inventory Historical Data

* Premium members only.

The historical data trend for Restaurant Brands International'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.

Restaurant Brands International Days Inventory Chart

Restaurant Brands International 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 10.42 10.44 13.00 10.12 10.28

Restaurant Brands International 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 9.74 9.55 10.82 11.77 12.44

TSX:QSR vs MCD, SBUX, YUM: Days Inventory Comparison

For the Restaurants subindustry, Restaurant Brands International'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.


Restaurant Brands International Days Inventory vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Restaurant Brands International's Days Inventory falls into.


TSX:QSR
89GF Score
Restaurant Brands International Inc TSX:QSR
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Restaurant Brands International Days Inventory Calculation

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

Restaurant Brands International'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
=( (202.307 + 282.798) / 2 ) / 8609.459*365
=242.5525 / 8609.459*365
=10.28

Restaurant Brands International'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
=( (282.798 + 278.516) / 2 ) / 2059.372*365 / 4
=280.657 / 2059.372*365 / 4
=12.44

* 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 12.44 mean?
Restaurant Brands International (TSX:QSR) has a Days Inventory of 12.44 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Restaurant Brands International and its competitors. This is 15% above median its historical median of 10.78. Over the past decade, Restaurant Brands International's Days Inventory has ranged from 9.12 to 13.00. According to the industry distribution chart, Restaurant Brands International ranks #127 out of 344 companies in the Restaurants industry, placing it in the top 36.9%.
Is Restaurant Brands International's Days Inventory too high?
Restaurant Brands International's current Days Inventory of 12.44 is 15% above median its 10-year median of 10.78. Over the past 10 years, this metric has ranged from a low of 9.12 to a high of 13.00. The Restaurants industry median Days Inventory is 15.53. Restaurant Brands International's value of 12.44 is 19.9% below this industry median. Based on the distribution chart, Restaurant Brands International ranks #127 out of 344 companies in the Restaurants industry, which is above the industry midpoint. Overall, Restaurant Brands International has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Restaurant Brands International's Days Inventory compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Restaurant Brands International ranks #127 out of 344 companies for Days Inventory. This puts Restaurant Brands International in the upper half of its industry. The industry median Days Inventory is 15.53. Restaurant Brands International's value of 12.44 is 19.9% below this benchmark. Historically, Restaurant Brands International's own Days Inventory has ranged from 9.12 to 13.00 over the past decade. While the company's 10-year median is 10.78 vs. the industry median of 15.53, Restaurant Brands International 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 Restaurants company?
The median Days Inventory among Restaurants companies is 15.53, based on 344 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. Restaurant Brands International's current Days Inventory of 12.44 is 19.9% 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 Restaurant Brands International and its competitors. For the Restaurants industry, the median Days Inventory is 15.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Restaurant Brands International's current Days Inventory is 12.44, which is 15% above median its own 10-year median of 10.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Restaurant Brands International stock overvalued right now?
Based on GuruFocus' analysis, Restaurant Brands International (TSX:QSR) is currently considered Modestly Undervalued. The stock's GF Value™ is C$120.45, compared to a current price of C$104.19 — trading 13.5% below its estimated fair value. The current Days Inventory is 12.44, which is 15% above median its 10-year median of 10.78 and 19.9% below the Restaurants industry median of 15.53. Restaurant Brands International's overall GF Score™ is 89/100 with 5 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 Restaurant Brands International (TSX:QSR), the current Days Inventory is 12.44 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 Restaurant Brands International (TSX:QSR) Overvalued in 2026?

Based on GuruFocus' analysis, Restaurant Brands International stock appears to be undervalued. The current stock price of C$104.19 is trading 13.5% below its estimated GF Value™ of C$120.45. GuruFocus considers Restaurant Brands International to be Modestly Undervalued.

Key valuation signals for TSX:QSR:

  • Days Inventory: 12.44 (15% above median its 10-year median of 10.78)
  • GF Value™: C$120.45 vs. price of C$104.19 (13.5% below fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 19.9% below the Restaurants median (#127 of 344)

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


Restaurant Brands International Business Description

Address 5707 Waterford District Drive, Suite 300, P.O. Box 339, Miami, FL, USA, 33126
Restaurant Brands generates about $47 billion in system sales across more than 33,000 restaurants in over 120 markets, making it one of the largest restaurant companies globally. Its banners include Burger King (7,025 stores), Tim Hortons (4,586), Popeyes (3,578), and Firehouse Subs (1,449), concentrated in the US and Canada, with these brands also comprising 16,403 franchised international locations as of year-end 2025. The firm primarily earns revenue from franchise and property fees, supply chain sales within the Tim Hortons segment, company-operated restaurants, and advertising royalties.
89GF Score

Get the complete analysis for TSX:QSR

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

C$104.19
Price
C$120.45
GF Value