First Solar (FRA:F3A) Change In Inventory: €333 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:F3A First Solar Inc FRA:F3A
91 GF Score
Price €210.00
GF Value €150.17
Valuation Significantly Overvalued
! 6 Warning Signs
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What is First Solar Change In Inventory?

First Solar FRA:F3A -8.70% 91 Change In Inventory is €333 Mil as of Jun. 2026. GuruFocus rates FRA:F3A with a GF Score™ of 91/100 and a GF Value™ of €150.17 (Significantly Overvalued). The stock has 6 warning signs investors should review.

First Solar's change in inventory for the quarter that ended in Jun. 2026 was €-141 Mil. It means First Solar's inventory increased by €141 Mil from Mar. 2026 to Jun. 2026 .

First Solar's change in inventory for the fiscal year that ended in Dec. 2025 was €323 Mil. It means First Solar's inventory declined by €323 Mil from Dec. 2024 to Dec. 2025 .

First Solar's Total Inventories for the quarter that ended in Jun. 2026 was €1,238 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. First Solar's Days Inventory for the quarter that ended in Jun. 2026 was 267.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. First Solar's Inventory Turnover for the quarter that ended in Jun. 2026 was 0.34.

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. First Solar's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 1.25.


First Solar  (FRA:F3A) Change In Inventory Explanation

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

First Solar's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=1150.174/391.633*365 / 4
=267.99

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

First Solar's Inventory Turnover for the quarter that ended in Jun. 2026 is calculated as

3. 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.

First Solar's Inventory to Revenue for the quarter that ended in Jun. 2026 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.


First Solar Change In Inventory Related Terms


First Solar Change In Inventory Historical Data

* Premium members only.

The historical data trend for First Solar's Change In 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.

First Solar Change In Inventory Chart

First Solar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -120.68 15.76 -188.08 -264.35 322.57

First Solar Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Change In Inventory 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 -104.91 275.28 323.15 -124.40 -140.74
FRA:F3A
91GF Score
First Solar Inc FRA:F3A
Change In Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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First Solar Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €333 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of €333 Mil mean?
First Solar (FRA:F3A) has a Change In Inventory of €333 Mil as of Jun. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for First Solar and its competitors.
Is First Solar's Change In Inventory too high?
First Solar's current Change In Inventory is €333 Mil. Overall, First Solar has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Solar's Change In Inventory compare to NXT and ENPH?
First Solar's Change In Inventory of €333 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 Change In Inventory for a Semiconductors company?
A good Change In Inventory depends on the Semiconductors industry context. However, Change In Inventory 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 Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for First Solar and its competitors. First Solar's current Change In Inventory is €333 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 (FRA:F3A) is currently considered Significantly Overvalued. The stock's GF Value™ is €150.17, compared to a current price of €210.00 — trading 39.8% above its estimated fair value. The current Change In Inventory is €333 Mil. First Solar's overall GF Score™ is 91/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For First Solar (FRA:F3A), the current Change In Inventory is €333 Mil as of Jun. 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 (FRA:F3A) Overvalued in 2026?

Based on GuruFocus' analysis, First Solar stock appears to be overvalued. The current stock price of €210.00 is trading 39.8% above its estimated GF Value™ of €150.17. GuruFocus considers First Solar to be Significantly Overvalued.

Key valuation signals for FRA:F3A:

  • Change In Inventory: €333 Mil
  • GF Value™: €150.17 vs. price of €210.00 (39.8% above fair value)
  • GF Score™: 91/100 with 6 warning signs

No single metric tells the full story. See the FRA:F3A 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.
91GF Score

Get the complete analysis for FRA:F3A

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

€210.00
Price
€150.17
GF Value