CSI Solar Co (SHSE:688472) Days Inventory: 89.74 (As of Mar. 2026) — 29% Above Median

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SHSE:688472 CSI Solar Co Ltd SHSE:688472
83 GF Score
Price ¥9.30
GF Value ¥9.09
Valuation Fairly Valued
! 7 Warning Signs
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What is CSI Solar Co Days Inventory?

CSI Solar Co SHSE:688472 -5.30% 83 Days Inventory is 89.74 as of Mar. 2026, which is 29% above its 10-year median of 69.59. GuruFocus rates SHSE:688472 with a GF Score™ of 83/100 and a GF Value™ of ¥9.09 (Fairly Valued). The stock has 7 warning signs investors should review. Among 983 Semiconductors companies, CSI Solar Co ranks better than 69.79% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). CSI Solar Co's Average Total Inventories for the three months ended in Mar. 2026 was ¥5,580 Mil. CSI Solar Co's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥5,674 Mil. Hence, CSI Solar Co's Days Inventory for the three months ended in Mar. 2026 was 89.74.

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

SHSE:688472' s Days Inventory Range Over the Past 10 Years
Min: 56.01   Med: 69.59   Max: 196.96
Current: 76.74

During the past 13 years, CSI Solar Co's highest Days Inventory was 196.96. The lowest was 56.01. And the median was 69.59.

SHSE:688472's Days Inventory is ranked better than
69.79% of 983 companies
in the Semiconductors industry
Industry Median: 112.18 vs SHSE:688472: 76.74

CSI Solar Co's Days Inventory declined from Mar. 2025 (92.81) to Mar. 2026 (89.74).

Inventory Turnover measures how fast the company turns over its inventory within a year. CSI Solar Co's Inventory Turnover for the three months ended in Mar. 2026 was 1.02.

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. CSI Solar Co's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.78.


CSI Solar Co  (SHSE:688472) 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.

CSI Solar Co'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.

CSI Solar Co'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.


CSI Solar Co Days Inventory Related Terms


CSI Solar Co Days Inventory Historical Data

* Premium members only.

The historical data trend for CSI Solar Co'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.

CSI Solar Co Days Inventory Chart

CSI Solar Co Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 68.52 69.79 69.59 65.02

CSI Solar Co 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 92.81 73.22 73.12 74.17 89.74

SHSE:688472 vs FSLR, NXT, ENPH: Days Inventory Comparison

For the Solar subindustry, CSI Solar Co'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.


CSI Solar Co Days Inventory vs Semiconductors Industry

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

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


SHSE:688472
83GF Score
CSI Solar Co Ltd SHSE:688472
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CSI Solar Co Days Inventory Calculation

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

CSI Solar Co'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
=( (7163.763 + 5690.727) / 2 ) / 36083.105*365
=6427.245 / 36083.105*365
=65.02

CSI Solar Co'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
=( (5690.727 + 5470.242) / 2 ) / 5674.429*365 / 4
=5580.4845 / 5674.429*365 / 4
=89.74

* 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 89.74 mean?
CSI Solar Co (SHSE:688472) has a Days Inventory of 89.74 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on CSI Solar Co and its competitors. This is 29% above median its historical median of 69.59. Over the past decade, CSI Solar Co's Days Inventory has ranged from 56.01 to 196.96. According to the industry distribution chart, CSI Solar Co ranks #297 out of 983 companies in the Semiconductors industry, placing it in the top 30.2%.
Is CSI Solar Co's Days Inventory too high?
CSI Solar Co's current Days Inventory of 89.74 is 29% above median its 10-year median of 69.59. Over the past 10 years, this metric has ranged from a low of 56.01 to a high of 196.96. The Semiconductors industry median Days Inventory is 112.18. CSI Solar Co's value of 89.74 is 20% below this industry median. Based on the distribution chart, CSI Solar Co ranks #297 out of 983 companies in the Semiconductors industry, which is above the industry midpoint. Overall, CSI Solar Co has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CSI Solar Co's Days Inventory compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, CSI Solar Co ranks #297 out of 983 companies for Days Inventory. This puts CSI Solar Co in the upper half of its industry. The industry median Days Inventory is 112.18. CSI Solar Co's value of 89.74 is 20% below this benchmark. Historically, CSI Solar Co's own Days Inventory has ranged from 56.01 to 196.96 over the past decade. While the company's 10-year median is 69.59 vs. the industry median of 112.18, CSI Solar Co 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. CSI Solar Co's current Days Inventory of 89.74 is 20% 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 CSI Solar Co 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. CSI Solar Co's current Days Inventory is 89.74, which is 29% above median its own 10-year median of 69.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSI Solar Co stock overvalued right now?
Based on GuruFocus' analysis, CSI Solar Co (SHSE:688472) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.09, compared to a current price of ¥9.30 — trading 2.3% above its estimated fair value. The current Days Inventory is 89.74, which is 29% above median its 10-year median of 69.59 and 20% below the Semiconductors industry median of 112.18. CSI Solar Co's overall GF Score™ is 83/100 with 7 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 CSI Solar Co (SHSE:688472), the current Days Inventory is 89.74 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 CSI Solar Co (SHSE:688472) Overvalued in 2026?

Based on GuruFocus' analysis, CSI Solar Co stock appears to be overvalued. The current stock price of ¥9.30 is trading 2.3% above its estimated GF Value™ of ¥9.09. GuruFocus considers CSI Solar Co to be Fairly Valued.

Key valuation signals for SHSE:688472:

  • Days Inventory: 89.74 (29% above median its 10-year median of 69.59)
  • GF Value™: ¥9.09 vs. price of ¥9.30 (2.3% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 20% below the Semiconductors median (#297 of 983)

No single metric tells the full story. See the SHSE:688472 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CSI Solar Co Business Description

Address No. 199 Lushan Road, Suzhou High-tech Zone, Jiangsu Province, Suzhou, CHN, 215129
CSI Solar is a leading Chinese solar module producer. The company's products are available in over 160 countries and regions. CSI operates a vertically integrated production process, encompassing solar wafers, cells, and module production.
83GF Score

Get the complete analysis for SHSE:688472

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

¥9.30
Price
¥9.09
GF Value