CSIQ (Canadian Solar) Days Sales Outstanding : 77.73 (As of Mar. 2025)

View and export this data going back to 2006. Start your Free Trial

What is Canadian Solar Days Sales Outstanding?

Canadian Solar's average Accounts Receivable for the three months ended in Mar. 2025 was $1,019 Mil. Canadian Solar's Revenue for the three months ended in Mar. 2025 was $1,197 Mil. Hence, Canadian Solar's Days Sales Outstanding for the three months ended in Mar. 2025 was 77.73.

The historical rank and industry rank for Canadian Solar's Days Sales Outstanding or its related term are showing as below:

CSIQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.67 Med: 43.09 Max: 61.62
Current: 60.48

During the past 13 years, Canadian Solar's highest Days Sales Outstanding was 61.62. The lowest was 36.67. And the median was 43.09.

CSIQ's Days Sales Outstanding is ranked better than
51.9% of 998 companies
in the Semiconductors industry
Industry Median: 63.145 vs CSIQ: 60.48

Canadian Solar's Days Sales Outstanding increased from Mar. 2024 (58.85) to Mar. 2025 (77.73).

Canadian Solar Days Sales Outstanding Historical Data

The historical data trend for Canadian Solar's Days Sales Outstanding 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.

* Premium members only.

Canadian Solar Days Sales Outstanding Chart

Canadian Solar Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

Get a 7-Day Free Trial

44.40

36.67

39.64

44.97

61.62

Canadian Solar Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Sales Outstanding	Get a 7-Day Free Trial															58.85	51.02	60.77	63.20	77.73

Competitive Comparison of Canadian Solar's Days Sales Outstanding

For the Solar subindustry, Canadian Solar's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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.

Canadian Solar's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Canadian Solar's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Canadian Solar's Days Sales Outstanding falls into.

Save Embed

;

Save Embed

;

Canadian Solar Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Canadian Solar's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (904.943	+	1118.77)	/	2 )	/	5993.409	*	365
=	1011.8565					/	5993.409	*	365
=	61.62

Canadian Solar's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding (Q: Mar. 2025 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )	/	Revenue (A: Mar. 2025 )	*	Days in Period
=	( (1118.77	+	919.858)	/	2 )	/	1196.625	*	365 / 4
=	1019.314					/	1196.625	*	365 / 4
=	77.73

Canadian Solar (NAS:CSIQ) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Canadian Solar Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Canadian Solar's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Canadian Solar Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Canadian Solar Inc (NAS:CSIQ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

0XGH:UK L5A:Germany L5A:Germany

Address

4273 King Street East, Suite 102, Kitchener, ON, CAN, N2P 2E9

Website

https://www.canadiansolar.com

Canadian Solar Inc is a Canadian solar technology and renewable energy company. It is a manufacturer of solar photovoltaic modules, a provider of battery energy storage solutions, and a developer of utility-scale solar power and battery energy storage projects.. It operates through two business segments CSI Solar and Recurrent Energy segment. The CSI Solar segment focused on solar modules and battery energy storage manufacturing and products. Its Recurrent segment focused on utility-scale solar power and battery energy storage project development and operation. Key revenue is generated from CSI Solar segment.