Days Inventory is also known as Days Sales of Inventory (DSI). D-Wave Quantum's Average Total Inventories for the
three
months ended in Dec. 2023 was $2.16 Mil. D-Wave Quantum's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $0.94 Mil.
Hence, D-Wave Quantum's Days Inventory for the
three
months ended in Dec. 2023 was 210.00.
The historical rank and industry rank for D-Wave Quantum's Days Inventory or its related term are showing as below:
QBTS'
s Days Inventory Range Over the Past 10 Years
Min: 188.59 Med: 376.23 Max: 1005.64
Current: 195.61
During the past 4 years, D-Wave Quantum's highest Days Inventory was 1005.64. The lowest was 188.59. And the median was 376.23.
QBTS's Days Inventory is ranked worse than 79.43% of 2407
companies
in the Hardware industry
Industry Median: 102.45
vs QBTS: 195.61
D-Wave Quantum's Days Inventory
increased
from Dec. 2022 (202.59) to Dec. 2023 (210.00).
It might indicate that D-Wave Quantum's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
D-Wave Quantum's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.43.
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
three
months ended in Dec. 2023 was 0.74.
D-Wave Quantum Days Inventory Historical Data
The historical data trend for D-Wave Quantum'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.
Competitive Comparison of D-Wave Quantum's Days Inventory
For the Computer Hardware subindustry, D-Wave Quantum'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.
D-Wave Quantum's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, D-Wave Quantum's Days Inventory distribution charts can be found below:
* The bar in red indicates where D-Wave Quantum's Days Inventory falls into.
D-Wave Quantum Days Inventory Calculation
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 fiscal year that ended in Dec. 2023 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 (NYSE:QBTS) 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.
D-Wave Quantum's Inventory Turnover for the
three
months ended in Dec. 2023 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.
D-Wave Quantum's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
D-Wave Quantum Days Inventory Related Terms
Thank you for viewing the detailed overview of D-Wave Quantum's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
D-Wave Quantum (D-Wave Quantum) Business Description
D-Wave Quantum Inc is engaged in the development and delivery of quantum computing systems, software, and services, and is also a commercial supplier of 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. Geographically, it derives a majority of its revenue from the United States.
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