First Solar (XSWX:FSLR) Change In Inventory: CHF347 Mil (TTM As of Mar. 2026)

What is First Solar Change In Inventory?

First Solar XSWX:FSLR +4.42% 91 Change In Inventory is CHF347 Mil as of Mar. 2026. GuruFocus rates XSWX:FSLR with a GF Score™ of 91/100 and a GF Value™ of CHF217.26. The stock has 5 warning signs investors should review.

First Solar's change in inventory for the quarter that ended in Mar. 2026 was CHF-113 Mil. It means First Solar's inventory increased by CHF113 Mil from Dec. 2025 to Mar. 2026 .

First Solar's change in inventory for the fiscal year that ended in Dec. 2025 was CHF301 Mil. It means First Solar's inventory declined by CHF301 Mil from Dec. 2024 to Dec. 2025 .

First Solar's Total Inventories for the quarter that ended in Mar. 2026 was CHF967 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 Mar. 2026 was 189.21.

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 Mar. 2026 was 0.48.

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 Mar. 2026 was 1.11.

First Solar (XSWX:FSLR) 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
	=	911.1235	/	439.399	*	365 / 4
	=	189.21

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 Mar. 2026 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	439.399	/	911.1235
	=	0.48

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 Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	911.1235	/	822.13
	=	1.11

* 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

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The historical data trend for First Solar's Change In Inventory can be seen below:

First Solar Change In Inventory Chart

First Solar Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Change In Inventory

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-125.59

15.55

-177.38

-246.80

301.00

First Solar Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Change In Inventory	Get a 7-Day Free Trial															-179.18	-98.40	257.22	301.55	-113.23

91GF Score

First Solar Inc XSWX:FSLR

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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF347 Mil.

Frequently Asked Questions Learn more about Change In Inventory →

What does a Change In Inventory of CHF347 Mil mean?

First Solar (XSWX:FSLR) has a Change In Inventory of CHF347 Mil as of Mar. 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 CHF347 Mil. Overall, First Solar has a GF Score™ of 91/100, 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 CHF347 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 CHF347 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?

First Solar (XSWX:FSLR) has a current Change In Inventory of CHF347 Mil. The stock's GF Value™ is CHF217.26, compared to a current price of CHF190.92 — trading 12.1% below its estimated fair value. The current Change In Inventory is CHF347 Mil. First Solar's overall GF Score™ is 91/100 with 5 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 (XSWX:FSLR), the current Change In Inventory is CHF347 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 (XSWX:FSLR) Overvalued in 2026?

Based on GuruFocus' analysis, First Solar stock appears to be undervalued. The current stock price of CHF190.92 is trading 12.1% below its estimated GF Value™ of CHF217.26.

Key valuation signals for XSWX:FSLR:

Change In Inventory: CHF347 Mil
GF Value™: CHF217.26 vs. price of CHF190.92 (12.1% below fair value)
GF Score™: 91/100 with 5 warning signs

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

First Solar Business Description

Industry Technology Semiconductors

Comparable Companies NXT ENPH RUN SEDG SHLS ARRY CSIQ JKS TOYO TYGO NSE:WAAREEENER SHSE:600438 SZSE:002056 SHSE:688223 SHSE:688472 NSE:PREMIERENE SHSE:688599 SHSE:600732 SZSE:002459 XKRX:009830

Other Exchanges FSLR:USA FSLR:Mexico 1FSLR:Italy 0R06:UK F3A:Germany FSLR34:Brazil FSLR:Austria FSLR:Argentina

Address 4300 East Camelback Road, Suite 220, Phoenix, AZ, USA, 85018

Website https://www.firstsolar.com

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

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

CHF190.92

Price

CHF217.26

GF Value

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