Canadian Solar (MEX:CSIQN) Days Inventory: 149.87 (As of Mar. 2026) — 91% Above Median


MEX:CSIQN Canadian Solar Inc MEX:CSIQN
70 GF Score
Price MXN276.50
GF Value MXN260.83
Valuation Fairly Valued
! 9 Warning Signs
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What is Canadian Solar Days Inventory?

Canadian Solar MEX:CSIQN 70 Days Inventory is 149.87 as of Mar. 2026, which is 91% above its 10-year median of 78.41. GuruFocus rates MEX:CSIQN with a GF Score™ of 70/100 and a GF Value™ of MXN260.83 (Fairly Valued). The stock has 9 warning signs investors should review. Among 983 Semiconductors companies, Canadian Solar ranks worse than 50.46% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Canadian Solar's Average Total Inventories for the three months ended in Mar. 2026 was MXN23,903 Mil. Canadian Solar's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN14,553 Mil. Hence, Canadian Solar's Days Inventory for the three months ended in Mar. 2026 was 149.87.

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

MEX:CSIQN' s Days Inventory Range Over the Past 10 Years
Min: 37.37   Med: 78.41   Max: 112.27
Current: 112.27

During the past 13 years, Canadian Solar's highest Days Inventory was 112.27. The lowest was 37.37. And the median was 78.41.

MEX:CSIQN's Days Inventory is ranked worse than
50.46% of 983 companies
in the Semiconductors industry
Industry Median: 111.84 vs MEX:CSIQN: 112.27

Canadian Solar's Days Inventory increased from Mar. 2025 (117.89) to Mar. 2026 (149.87). It might indicate that Canadian Solar's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Canadian Solar's Inventory Turnover for the three months ended in Mar. 2026 was 0.61.

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. Canadian Solar's Inventory-to-Revenue for the three months ended in Mar. 2026 was 1.23.


Canadian Solar  (MEX:CSIQN) 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.

Canadian 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.

Canadian Solar's Inventory to Revenue for the three months ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=23902.8195 / 19437.051
=1.23

* 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.


Canadian Solar Days Inventory Related Terms


Canadian Solar Days Inventory Historical Data

* Premium members only.

The historical data trend for Canadian 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.

Canadian Solar Days Inventory Chart

Canadian Solar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.02 81.72 84.43 79.18 101.10

Canadian 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 117.89 110.39 93.59 100.26 149.87

MEX:CSIQN vs JKS, ARRY, TOYO: Days Inventory Comparison

For the Solar subindustry, Canadian 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.


Canadian Solar Days Inventory vs Semiconductors Industry

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

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


MEX:CSIQN
70GF Score
Canadian Solar Inc MEX:CSIQN
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Solar Days Inventory Calculation

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

Canadian 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
=( (25164.383 + 20410.163) / 2 ) / 82265.901*365
=22787.273 / 82265.901*365
=101.10

Canadian 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
=( (20410.163 + 27395.476) / 2 ) / 14553.435*365 / 4
=23902.8195 / 14553.435*365 / 4
=149.87

* 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 149.87 mean?
Canadian Solar (MEX:CSIQN) has a Days Inventory of 149.87 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Canadian Solar and its competitors. This is 91% above median its historical median of 78.41. Over the past decade, Canadian Solar's Days Inventory has ranged from 37.37 to 112.27. According to the industry distribution chart, Canadian Solar ranks #496 out of 983 companies in the Semiconductors industry, placing it in the top 50.5%.
Is Canadian Solar's Days Inventory too high?
Canadian Solar's current Days Inventory of 149.87 is 91% above median its 10-year median of 78.41. Over the past 10 years, this metric has ranged from a low of 37.37 to a high of 112.27. The Semiconductors industry median Days Inventory is 111.84. Canadian Solar's value of 149.87 is 34% above this industry median. Based on the distribution chart, Canadian Solar ranks #496 out of 983 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Canadian Solar has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Solar's Days Inventory compare to JKS and ARRY?
According to the Semiconductors industry distribution chart, Canadian Solar ranks #496 out of 983 companies for Days Inventory. This places Canadian Solar in the lower half of its industry. The industry median Days Inventory is 111.84. Canadian Solar's value of 149.87 is 34% above this benchmark. Historically, Canadian Solar's own Days Inventory has ranged from 37.37 to 112.27 over the past decade. While the company's 10-year median is 78.41 vs. the industry median of 111.84, Canadian Solar has consistently been above 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 111.84, 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. Canadian Solar's current Days Inventory of 149.87 is 34% above 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 Canadian Solar and its competitors. For the Semiconductors industry, the median Days Inventory is 111.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Solar's current Days Inventory is 149.87, which is 91% above median its own 10-year median of 78.41. 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 (MEX:CSIQN) is currently considered Fairly Valued. The stock's GF Value™ is MXN260.83, compared to a current price of MXN276.50 — trading 6% above its estimated fair value. The current Days Inventory is 149.87, which is 91% above median its 10-year median of 78.41 and 34% above the Semiconductors industry median of 111.84. Canadian Solar's overall GF Score™ is 70/100 with 9 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 Canadian Solar (MEX:CSIQN), the current Days Inventory is 149.87 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 (MEX:CSIQN) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Solar stock appears to be overvalued. The current stock price of MXN276.50 is trading 6% above its estimated GF Value™ of MXN260.83. GuruFocus considers Canadian Solar to be Fairly Valued.

Key valuation signals for MEX:CSIQN:

  • Days Inventory: 149.87 (91% above median its 10-year median of 78.41)
  • GF Value™: MXN260.83 vs. price of MXN276.50 (6% above fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 34% above the Semiconductors median (#496 of 983)

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


Canadian Solar Business Description

Other Exchanges CSIQ:USAL5A:Germany
Address 4273 King Street East, Suite 102, Kitchener, ON, CAN, N2P 2E9
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.
70GF Score

Get the complete analysis for MEX:CSIQN

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

MXN276.50
Price
MXN260.83
GF Value