FTCI (FTC Solar) Days Inventory: 47.01 (As of Mar. 2026) — 62% Above Median

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FTCI FTC Solar Inc FTCI
62 GF Score
Price $4.55
GF Value $5.53
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is FTC Solar Days Inventory?

FTC Solar FTCI -1.30% 62 Days Inventory is 47.01 as of Mar. 2026, which is 62% above its 10-year median of 28.99. GuruFocus rates FTCI with a GF Score™ of 62/100 and a GF Value™ of $5.53 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 983 Semiconductors companies, FTC Solar ranks better than 90.54% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). FTC Solar's Average Total Inventories for the three months ended in Mar. 2026 was $9.53 Mil. FTC Solar's Cost of Goods Sold for the three months ended in Mar. 2026 was $18.49 Mil. Hence, FTC Solar's Days Inventory for the three months ended in Mar. 2026 was 47.01.

The historical rank and industry rank for FTC Solar's Days Inventory or its related term are showing as below:

FTCI' s Days Inventory Range Over the Past 10 Years
Min: 6.15   Med: 28.99   Max: 42.77
Current: 31.45

During the past 7 years, FTC Solar's highest Days Inventory was 42.77. The lowest was 6.15. And the median was 28.99.

FTCI's Days Inventory is ranked better than
90.54% of 983 companies
in the Semiconductors industry
Industry Median: 112.18 vs FTCI: 31.45

FTC Solar's Days Inventory increased from Mar. 2025 (31.93) to Mar. 2026 (47.01). It might indicate that FTC Solar's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. FTC Solar's Inventory Turnover for the three months ended in Mar. 2026 was 1.94.

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. FTC Solar's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.55.


FTC Solar  (NAS:FTCI) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

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

FTC Solar's Inventory Turnover for the three months ended in Mar. 2026 is calculated as

2. 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.

FTC Solar's Inventory to Revenue for the three months ended in Mar. 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


FTC Solar Days Inventory Related Terms


FTC Solar Days Inventory Historical Data

* Premium members only.

The historical data trend for FTC Solar's Days 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.

FTC Solar Days Inventory Chart

FTC Solar Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial 6.35 28.91 28.99 42.77 35.88

FTC Solar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days 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 31.93 26.99 27.95 28.19 47.01

FTCI vs SPWR, PN, SPRU: Days Inventory Comparison

For the Solar subindustry, FTC Solar's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FTC Solar Days Inventory vs Semiconductors Industry

For the Semiconductors industry and Technology sector, FTC Solar's Days Inventory distribution charts can be found below:

* The bar in red indicates where FTC Solar's Days Inventory falls into.


FTCI
62GF Score
FTC Solar Inc FTCI
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FTC Solar Days Inventory Calculation

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

FTC Solar's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (10.144 + 9.627) / 2 ) / 100.567*365
=9.8855 / 100.567*365
=35.88

FTC Solar's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (9.627 + 9.425) / 2 ) / 18.492*365 / 4
=9.526 / 18.492*365 / 4
=47.01

* 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 Days Inventory →
What does a Days Inventory of 47.01 mean?
FTC Solar (FTCI) has a Days Inventory of 47.01 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on FTC Solar and its competitors. This is 62% above median its historical median of 28.99. Over the past decade, FTC Solar's Days Inventory has ranged from 6.15 to 42.77. According to the industry distribution chart, FTC Solar ranks #93 out of 983 companies in the Semiconductors industry, placing it in the top 9.5%.
Is FTC Solar's Days Inventory too high?
FTC Solar's current Days Inventory of 47.01 is 62% above median its 10-year median of 28.99. Over the past 10 years, this metric has ranged from a low of 6.15 to a high of 42.77. The Semiconductors industry median Days Inventory is 112.18. FTC Solar's value of 47.01 is 58.1% below this industry median. Based on the distribution chart, FTC Solar ranks #93 out of 983 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, FTC Solar has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does FTC Solar's Days Inventory compare to SPWR and PN?
According to the Semiconductors industry distribution chart, FTC Solar ranks #93 out of 983 companies for Days Inventory. This places FTC Solar in the top 10% of its industry — outperforming the majority of peers. The industry median Days Inventory is 112.18. FTC Solar's value of 47.01 is 58.1% below this benchmark. Historically, FTC Solar's own Days Inventory has ranged from 6.15 to 42.77 over the past decade. While the company's 10-year median is 28.99 vs. the industry median of 112.18, FTC Solar has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Semiconductors company?
The median Days Inventory among Semiconductors companies is 112.18, based on 983 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FTC Solar's current Days Inventory of 47.01 is 58.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on FTC Solar and its competitors. For the Semiconductors industry, the median Days Inventory is 112.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FTC Solar's current Days Inventory is 47.01, which is 62% above median its own 10-year median of 28.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FTC Solar stock overvalued right now?
Based on GuruFocus' analysis, FTC Solar (FTCI) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.53, compared to a current price of $4.55 — trading 17.7% below its estimated fair value. The current Days Inventory is 47.01, which is 62% above median its 10-year median of 28.99 and 58.1% below the Semiconductors industry median of 112.18. FTC Solar's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For FTC Solar (FTCI), the current Days Inventory is 47.01 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 FTC Solar (FTCI) Overvalued in 2026?

Based on GuruFocus' analysis, FTC Solar stock appears to be undervalued. The current stock price of $4.55 is trading 17.7% below its estimated GF Value™ of $5.53. GuruFocus considers FTC Solar to be Modestly Undervalued.

Key valuation signals for FTCI:

  • Days Inventory: 47.01 (62% above median its 10-year median of 28.99)
  • GF Value™: $5.53 vs. price of $4.55 (17.7% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 58.1% below the Semiconductors median (#93 of 983)

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


FTC Solar Business Description

Other Exchanges 6YK0:Germany
Address 10900 Stonelake Boulevard, Suite 100, Quarry Oaks II Building, Austin, TX, USA, 78759
FTC Solar Inc is a provider of solar tracker systems, supported by proprietary software and value-added engineering services. The company's Solar tracker systems move solar panels throughout the day to maintain an optimal orientation relative to the sun, thereby increasing the amount of solar energy produced at a solar installation. It focuses on providing differentiated products, software, and services that maximize energy generation. The company has launched a new mounting solution to support the installation and use of U.S.-manufactured thin-film modules by project owners. The only segment the company is engaged in is the Manufacturing and Servicing of Solar tracker systems.
62GF Score

Get the complete analysis for FTCI

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

$4.55
Price
$5.53
GF Value