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CSIQ (Canadian Solar) Total Inventories : $1,499 Mil (As of Mar. 2025)


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What is Canadian Solar Total Inventories?

Canadian Solar's total inventories for the quarter that ended in Mar. 2025 was $1,499 Mil. Canadian Solar's average total inventories from the quarter that ended in Dec. 2024 to the quarter that ended in Mar. 2025 was $1,353 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Canadian Solar's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was $-121.09.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Canadian Solar's Days Inventory for the three months ended in Mar. 2025 was 116.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Canadian Solar's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.78.

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. Canadian Solar's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 1.13.


Canadian Solar Total Inventories Historical Data

The historical data trend for Canadian Solar's Total Inventories 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 Total Inventories Chart

Canadian Solar Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 695.98 1,192.37 1,524.10 1,179.64 1,206.60

Canadian Solar Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Total Inventories 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 1,395.00 1,204.99 1,263.92 1,206.60 1,498.85

Canadian Solar Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Canadian Solar  (NAS:CSIQ) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Canadian Solar's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 is

Net-Net Working Capital Per Share (Q: Mar. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1577.275+0.75 * 919.858+0.5 * 1498.853-9824.887
-0-1301.462)/66.972
=-121.09

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

Canadian Solar's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=1352.724/1056.131*365 / 4
=116.88

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Canadian Solar's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2025 ) / Average Total Inventories (Q: Mar. 2025 )
=1056.131 / 1352.724
=0.78

4. 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.

Canadian Solar's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=1352.724 / 1196.625
=1.13

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Canadian Solar Total Inventories Related Terms

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Canadian Solar Business Description

Traded in Other Exchanges
Address
4273 King Street East, Suite 102, Kitchener, ON, CAN, N2P 2E9
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.