D-Wave QuantumQBTS +3.88%64 Days Payable is 116.56 as of Mar. 2026, which is 61% below its 10-year median of 298.29. 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 2,438 Hardware companies, D-Wave Quantum ranks better than 69.07% on this metric.
The historical rank and industry rank for D-Wave Quantum's Days Payable or its related term are showing as below:
QBTS'
s Days Payable Range Over the Past 10 Years
Min: 75.24 Med: 298.29 Max: 868.02
Current: 101.93
During the past 6 years, D-Wave Quantum's highest Days Payable was 868.02. The lowest was 75.24. And the median was 298.29.
QBTS's Days Payable is ranked better than 69.07% of 2438
companies
in the Hardware industry
Industry Median: 69.935
vs QBTS: 101.93
D-Wave Quantum's Days Payable
increased
from Mar. 2025 (74.53) to Mar. 2026 (116.56).
It may suggest that D-Wave Quantumdelayed paying its suppliers.
D-Wave Quantum Days Payable Related Terms
D-Wave Quantum Days Payable Historical Data
* Premium members only.
The historical data trend for D-Wave Quantum's Days Payable 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, D-Wave Quantum's Days Payable, along with its competitors' market caps and Days Payable 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 Payable vs Hardware Industry
For the Hardware industry and Technology sector, D-Wave Quantum's Days Payable distribution charts can be found below:
* The bar in red indicates where D-Wave Quantum's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
D-Wave Quantum's Days Payable for the fiscal year that ended in Dec. 2025 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.
D-Wave Quantum (QBTS) has a Days Payable of 116.56 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on D-Wave Quantum and its competitors. This is 61% below median its historical median of 298.29. Over the past decade, D-Wave Quantum's Days Payable has ranged from 75.24 to 868.02. According to the industry distribution chart, D-Wave Quantum ranks #754 out of 2438 companies in the Hardware industry, placing it in the top 30.9%.
Is D-Wave Quantum's Days Payable too high?
D-Wave Quantum's current Days Payable of 116.56 is 61% below median its 10-year median of 298.29. Over the past 10 years, this metric has ranged from a low of 75.24 to a high of 868.02. The Hardware industry median Days Payable is 69.94. D-Wave Quantum's value of 116.56 is 66.7% above this industry median. Based on the distribution chart, D-Wave Quantum ranks #754 out of 2438 companies in the Hardware industry, which is above the industry midpoint. 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 Payable compare to RGTI and QUBT?
According to the Hardware industry distribution chart, D-Wave Quantum ranks #754 out of 2438 companies for Days Payable. This puts D-Wave Quantum in the upper half of its industry. The industry median Days Payable is 69.94. D-Wave Quantum's value of 116.56 is 66.7% above this benchmark. Historically, D-Wave Quantum's own Days Payable has ranged from 75.24 to 868.02 over the past decade. While the company's 10-year median is 298.29 vs. the industry median of 69.94, 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 Payable for a Hardware company?
The median Days Payable among Hardware companies is 69.94, based on 2,438 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. D-Wave Quantum's current Days Payable of 116.56 is 66.7% 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on D-Wave Quantum and its competitors. For the Hardware industry, the median Days Payable is 69.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D-Wave Quantum's current Days Payable is 116.56, which is 61% below median its own 10-year median of 298.29. 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 Payable is 116.56, which is 61% below median its 10-year median of 298.29 and 66.7% above the Hardware industry median of 69.94. 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 Payable calculated?
Days Payable is calculated from a company's financial statements. For D-Wave Quantum (QBTS), the current Days Payable is 116.56 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 Payable: 116.56 (61% below median its 10-year median of 298.29)
GF Value™: $2.45 vs. price of $22.76 (829% above fair value)
Industry Position: 66.7% above the Hardware median (#754 of 2438)
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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