IonQXSWX:IONQ 52 Days Inventory is 118.89 as of Mar. 2026, which is 64% below its 10-year median of 331.89. GuruFocus rates XSWX:IONQ with a GF Score™ of 52/100 and a GF Value™ of CHF78.42. The stock has 4 warning signs investors should review. Among 2,415 Hardware companies, IonQ ranks worse than 72.3% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). IonQ's Average Total Inventories for the
three
months ended in Mar. 2026 was CHF64.2 Mil. IonQ's Cost of Goods Sold for the
three
months ended in Mar. 2026 was CHF49.3 Mil.
Hence, IonQ's Days Inventory for the
three
months ended in Mar. 2026 was 118.89.
The historical rank and industry rank for IonQ's Days Inventory or its related term are showing as below:
XSWX:IONQ'
s Days Inventory Range Over the Past 10 Years
Min: 145.62 Med: 331.89 Max: 640.24
Current: 145.62
During the past 6 years, IonQ's highest Days Inventory was 640.24. The lowest was 145.62. And the median was 331.89.
XSWX:IONQ's Days Inventory is ranked worse than 72.3% of 2415
companies
in the Hardware industry
Industry Median: 94.29
vs XSWX:IONQ: 145.62
IonQ's Days Inventory
declined
from Mar. 2025 (439.79) to Mar. 2026 (118.89).
Inventory Turnover measures how fast the company turns over its inventory within a year.
IonQ's Inventory Turnover for the
three
months ended in Mar. 2026 was 0.77.
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.
IonQ's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.99.
IonQ (XSWX:IONQ) 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.
IonQ'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.
IonQ'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.
IonQ Days Inventory Related Terms
IonQ Days Inventory Historical Data
* Premium members only.
The historical data trend for IonQ'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 Computer Hardware subindustry, IonQ'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.
IonQ Days Inventory vs Hardware Industry
For the Hardware industry and Technology sector, IonQ's Days Inventory distribution charts can be found below:
* The bar in red indicates where IonQ'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.
IonQ (XSWX:IONQ) has a Days Inventory of 118.89 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on IonQ and its competitors. This is 64% below median its historical median of 331.89. Over the past decade, IonQ's Days Inventory has ranged from 145.62 to 640.24. According to the industry distribution chart, IonQ ranks #1746 out of 2415 companies in the Hardware industry, placing it in the top 72.3%.
Is IonQ's Days Inventory too high?
IonQ's current Days Inventory of 118.89 is 64% below median its 10-year median of 331.89. Over the past 10 years, this metric has ranged from a low of 145.62 to a high of 640.24. The Hardware industry median Days Inventory is 94.29. IonQ's value of 118.89 is 26.1% above this industry median. Based on the distribution chart, IonQ ranks #1746 out of 2415 companies in the Hardware industry, which is below the industry midpoint. Overall, IonQ has a GF Score™ of 52/100, reflecting its overall financial health beyond just this single metric.
How does IonQ's Days Inventory compare to ?
According to the Hardware industry distribution chart, IonQ ranks #1746 out of 2415 companies for Days Inventory. This places IonQ in the lower half of its industry. The industry median Days Inventory is 94.29. IonQ's value of 118.89 is 26.1% above this benchmark. Historically, IonQ's own Days Inventory has ranged from 145.62 to 640.24 over the past decade. While the company's 10-year median is 331.89 vs. the industry median of 94.29, IonQ 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. IonQ's current Days Inventory of 118.89 is 26.1% 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 IonQ 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. IonQ's current Days Inventory is 118.89, which is 64% below median its own 10-year median of 331.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IonQ stock overvalued right now?
IonQ (XSWX:IONQ) has a current Days Inventory of 118.89. The stock's GF Value™ is CHF78.42, compared to a current price of CHF40.79 — trading 48% below its estimated fair value. The current Days Inventory is 118.89, which is 64% below median its 10-year median of 331.89 and 26.1% above the Hardware industry median of 94.29. IonQ's overall GF Score™ is 52/100 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 IonQ (XSWX:IONQ), the current Days Inventory is 118.89 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 IonQ (XSWX:IONQ) Overvalued in 2026?
Based on GuruFocus' analysis, IonQ stock appears to be undervalued.
The current stock price of CHF40.79 is trading 48% below its estimated GF Value™ of CHF78.42.
Key valuation signals for XSWX:IONQ:
Days Inventory: 118.89 (64% below median its 10-year median of 331.89)
GF Value™: CHF78.42 vs. price of CHF40.79 (48% below fair value)
Industry Position: 26.1% above the Hardware median (#1746 of 2415)
No single metric tells the full story. See the XSWX:IONQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IonQ Inc sells access to several quantum computers of various qubit capacities and is in the process of researching and developing technologies for quantum computers with increasing computational capabilities. The company currently makes access to its quantum computers available via cloud platforms and also to select customers via its own cloud service. This cloud-based approach enables the broad availability of quantum-computing-as-a-service (QCaaS). The company derives its revenue from its quantum-computing-as-a-service arrangements, consulting services related to co-developing algorithms on company's quantum computing systems and contracts associated with the design, development, and construction of specialized quantum computing systems together with related services.
52GF Score
Get the complete analysis for XSWX:IONQ
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
XSWX:IONQ has been successfully added to your 
