First Solar (MEX:FSLR) Accounts Payable: MXN5,533 Mil (As of Mar. 2026)

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MEX:FSLR First Solar Inc MEX:FSLR
89 GF Score
Price MXN4,042.55
GF Value MXN4,511.63
Valuation Modestly Undervalued
! 5 Warning Signs
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What is First Solar Accounts Payable?

First Solar MEX:FSLR 89 Accounts Payable is MXN5,533 Mil as of Mar. 2026. GuruFocus rates MEX:FSLR with a GF Score™ of 89/100 and a GF Value™ of MXN4,511.63 (Modestly Undervalued). The stock has 5 warning signs investors should review.

First Solar's Accounts Payable for the quarter that ended in Mar. 2026 was MXN5,533 Mil.

First Solar's quarterly Accounts Payable increased from Sep. 2025 (MXN5,220 Mil) to Dec. 2025 (MXN7,306 Mil) but then declined from Dec. 2025 (MXN7,306 Mil) to Mar. 2026 (MXN5,533 Mil).

First Solar's annual Accounts Payable increased from Dec. 2023 (MXN3,517 Mil) to Dec. 2024 (MXN10,056 Mil) but then declined from Dec. 2024 (MXN10,056 Mil) to Dec. 2025 (MXN7,306 Mil).

First Solar Accounts Payable Historical Data

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The historical data trend for First Solar's Accounts 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.

First Solar Accounts Payable Chart

First Solar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,966.87 6,656.11 3,516.69 10,056.41 7,306.26

First Solar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Payable 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 8,752.00 6,922.59 5,219.70 7,306.26 5,533.05
MEX:FSLR
89GF Score
First Solar Inc MEX:FSLR
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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First Solar Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of MXN5,533 Mil mean?
First Solar (MEX:FSLR) has a Accounts Payable of MXN5,533 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on First Solar and its competitors.
Is First Solar's Accounts Payable too high?
First Solar's current Accounts Payable is MXN5,533 Mil. Overall, First Solar has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does First Solar's Accounts Payable compare to NXT and ENPH?
First Solar's Accounts Payable of MXN5,533 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for a Semiconductors company?
A good Accounts Payable depends on the Semiconductors industry context. However, Accounts Payable 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 Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on First Solar and its competitors. First Solar's current Accounts Payable is MXN5,533 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Solar stock overvalued right now?
Based on GuruFocus' analysis, First Solar (MEX:FSLR) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN4,511.63, compared to a current price of MXN4,042.55 — trading 10.4% below its estimated fair value. The current Accounts Payable is MXN5,533 Mil. First Solar's overall GF Score™ is 89/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For First Solar (MEX:FSLR), the current Accounts Payable is MXN5,533 Mil 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 First Solar (MEX:FSLR) Overvalued in 2026?

Based on GuruFocus' analysis, First Solar stock appears to be undervalued. The current stock price of MXN4,042.55 is trading 10.4% below its estimated GF Value™ of MXN4,511.63. GuruFocus considers First Solar to be Modestly Undervalued.

Key valuation signals for MEX:FSLR:

  • Accounts Payable: MXN5,533 Mil
  • GF Value™: MXN4,511.63 vs. price of MXN4,042.55 (10.4% below fair value)
  • GF Score™: 89/100 with 5 warning signs

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

First Solar Business Description

Address 4300 East Camelback Road, Suite 220, Phoenix, AZ, USA, 85018
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
89GF Score

Get the complete analysis for MEX:FSLR

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

MXN4,042.55
Price
MXN4,511.63
GF Value