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Canadian Solar's change in working capital for the quarter that ended in Mar. 2026 was $-348 Mil.
Canadian Solar's change in working capital for the fiscal year that ended in Dec. 2025 was $-969 Mil.
It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).
Canadian Solar Change In Working Capital Related Terms
Canadian Solar Change In Working Capital Historical Data
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The historical data trend for Canadian Solar's Change In Working Capital 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.
Canadian Solar Change In Working Capital Calculation
Change In Working Capital 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 $-968 Mil.
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.
Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net
(566)
(614)
(796)
Inventories
(1,667)
(2,759)
(3,727)
Accounts payable
531
1,061
2,687
Accrued liabilities
103
271
(935)
Accrued income taxes
(1,224)
981
994
For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) 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.
What does a Change In Working Capital of $-968 Mil mean?
Canadian Solar (CSIQ) has a Change In Working Capital of $-968 Mil as of Mar. 2026. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Canadian Solar.
Is Canadian Solar's Change In Working Capital too high?
Canadian Solar's current Change In Working Capital is $-968 Mil. Overall, Canadian Solar has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Solar's Change In Working Capital compare to ARRY and JKS?
Canadian Solar's Change In Working Capital of $-968 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 Working Capital for a Semiconductors company?
A good Change In Working Capital depends on the Semiconductors industry context. However, Change In Working Capital 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 Working Capital mean?
A high Change In Working Capital can signal that a stock is expensive relative to its fundamentals. Change in Working Capital is the difference between current assets less current liabilities between the current period and the past period. View historical data for Canadian Solar. Canadian Solar's current Change In Working Capital is $-968 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Solar stock overvalued right now?
Based on GuruFocus' analysis, Canadian Solar (CSIQ) is currently considered Fairly Valued. The stock's GF Value™ is $14.77, compared to a current price of $15.14 — trading 2.5% above its estimated fair value. The current Change In Working Capital is $-968 Mil. Canadian Solar's overall GF Score™ is 80/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Working Capital calculated?
Change In Working Capital is calculated from a company's financial statements. For Canadian Solar (CSIQ), the current Change In Working Capital is $-968 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 Canadian Solar (CSIQ) Overvalued in 2026?
Based on GuruFocus' analysis, Canadian Solar stock appears to be overvalued.
The current stock price of $15.14 is trading 2.5% above its estimated GF Value™ of $14.77.
GuruFocus considers Canadian Solar to be Fairly Valued.
Key valuation signals for CSIQ:
Change In Working Capital: $-968 Mil
GF Value™: $14.77 vs. price of $15.14 (2.5% above fair value)
No single metric tells the full story. See the CSIQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. The company is organized in two segments: Manufacturing segment, comprising CS PowerTech, which focuses on manufacturing and sales of solar products, battery energy storage products, and other power technology products for the U.S. market and CSI Solar, which serves all other world-wide markets; and Recurrent Energy segment, which focuses on solar power and battery storage project development, asset sales, power services, and electricity revenue from its operating portfolio. It derives maximum revenue from Manufacturing segment.
80GF Score
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