D-Wave Quantum (FRA:RQ0) Days Payable : 141.24 (As of Mar. 2024)

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What is D-Wave Quantum Days Payable?

D-Wave Quantum's average Accounts Payable for the three months ended in Mar. 2024 was €1.15 Mil. D-Wave Quantum's Cost of Goods Sold for the three months ended in Mar. 2024 was €0.74 Mil. Hence, D-Wave Quantum's Days Payable for the three months ended in Mar. 2024 was 141.24.

The historical rank and industry rank for D-Wave Quantum's Days Payable or its related term are showing as below:

FRA:RQ0' s Days Payable Range Over the Past 10 Years
Min: 230.38 Med: 406.53 Max: 868.02
Current: 265.68

During the past 4 years, D-Wave Quantum's highest Days Payable was 868.02. The lowest was 230.38. And the median was 406.53.

FRA:RQ0's Days Payable is ranked better than
94.55% of 2421 companies
in the Hardware industry
Industry Median: 67.89 vs FRA:RQ0: 265.68

D-Wave Quantum's Days Payable declined from Mar. 2023 (369.03) to Mar. 2024 (141.24). It may suggest that D-Wave Quantum accelerated paying its suppliers.

D-Wave Quantum Days Payable Historical Data

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.

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D-Wave Quantum Days Payable Chart

D-Wave Quantum Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Payable

867.18

430.62

357.99

235.23

D-Wave Quantum Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial									369.03	445.30	246.70	147.69	141.24

Competitive Comparison of D-Wave Quantum's Days Payable

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's Days Payable Distribution in the 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.

D-Wave Quantum Days Payable Calculation

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. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (3.546	+	1.343)	/	2 )	/	3.793	*	365
=	2.4445					/	3.793	*	365
=	235.23

D-Wave Quantum's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1.343	+	0.954)	/	2 )	/	0.742	*	365 / 4
=	1.1485					/	0.742	*	365 / 4
=	141.24

D-Wave Quantum Days Payable Related Terms

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D-Wave Quantum (FRA:RQ0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » D-Wave Quantum Inc (FRA:RQ0) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

QBTS:USA RQ0:Germany

Address

3033 Beta Avenue, Burnaby, BC, CAN, V5G 4M9

Website

https://www.dwavesys.com

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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