D-Wave Quantum (MEX:QBTS) Inventory Turnover: 0.37 (As of Mar. 2026)


MEX:QBTS D-Wave Quantum Inc MEX:QBTS
39 GF Score
Price MXN416.50
GF Value MXN42.82
Valuation Significantly Overvalued
! 4 Warning Signs
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What is D-Wave Quantum Inventory Turnover?

D-Wave Quantum MEX:QBTS +4.43% 39 Inventory Turnover is 0.37 as of Mar. 2026. GuruFocus rates MEX:QBTS with a GF Score™ of 39/100 and a GF Value™ of MXN42.82 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. D-Wave Quantum's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN18.8 Mil. D-Wave Quantum's Average Total Inventories for the quarter that ended in Mar. 2026 was MXN51.3 Mil. D-Wave Quantum's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.37.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. D-Wave Quantum's Days Inventory for the three months ended in Mar. 2026 was 249.48.

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. D-Wave Quantum's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.99.


D-Wave Quantum  (MEX:QBTS) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

D-Wave Quantum's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=51.2745/18.754*365 / 4
=249.48

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.

D-Wave Quantum's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=51.2745 / 51.537
=0.99

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


D-Wave Quantum Inventory Turnover Related Terms


D-Wave Quantum Inventory Turnover Historical Data

* Premium members only.

The historical data trend for D-Wave Quantum's Inventory Turnover 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.

D-Wave Quantum Inventory Turnover Chart

D-Wave Quantum Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial 0.77 1.32 1.80 1.93 1.81

D-Wave Quantum Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover 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 0.66 0.52 0.40 0.34 0.37
MEX:QBTS
39GF Score
D-Wave Quantum Inc MEX:QBTS
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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D-Wave Quantum Inventory Turnover Calculation

D-Wave Quantum's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=77.082 / ((35.163 + 49.984) / 2 )
=77.082 / 42.5735
=1.81

D-Wave Quantum's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=18.754 / ((49.984 + 52.565) / 2 )
=18.754 / 51.2745
=0.37

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.37 mean?
D-Wave Quantum (MEX:QBTS) has a Inventory Turnover of 0.37 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on D-Wave Quantum and its competitors.
Is D-Wave Quantum's Inventory Turnover too high?
D-Wave Quantum's current Inventory Turnover is 0.37. Overall, D-Wave Quantum has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does D-Wave Quantum's Inventory Turnover compare to RGTI and QUBT?
D-Wave Quantum's Inventory Turnover of 0.37 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Hardware company?
A good Inventory Turnover depends on the Hardware industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on D-Wave Quantum and its competitors. D-Wave Quantum's current Inventory Turnover is 0.37. 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 (MEX:QBTS) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN42.82, compared to a current price of MXN416.50 — trading 872.7% above its estimated fair value. The current Inventory Turnover is 0.37. D-Wave Quantum's overall GF Score™ is 39/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For D-Wave Quantum (MEX:QBTS), the current Inventory Turnover is 0.37 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 (MEX:QBTS) Overvalued in 2026?

Based on GuruFocus' analysis, D-Wave Quantum stock appears to be overvalued. The current stock price of MXN416.50 is trading 872.7% above its estimated GF Value™ of MXN42.82. GuruFocus considers D-Wave Quantum to be Significantly Overvalued.

Key valuation signals for MEX:QBTS:

  • Inventory Turnover: 0.37
  • GF Value™: MXN42.82 vs. price of MXN416.50 (872.7% above fair value)
  • GF Score™: 39/100 with 4 warning signs

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


D-Wave Quantum Business Description

Address 2650 East Bayshore Road, Palo Alto, CA, USA, 94303
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.
39GF Score

Get the complete analysis for MEX:QBTS

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

MXN416.50
Price
MXN42.82
GF Value