Northern Solar Holdings Bhd (XKLS:0340) Days Inventory: 97.23 (As of Mar. 2026) — 130% Above Median


XKLS:0340 Northern Solar Holdings Bhd XKLS:0340
19 GF Score
Price RM0.66
! 4 Warning Signs
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What is Northern Solar Holdings Bhd Days Inventory?

Northern Solar Holdings Bhd XKLS:0340 -2.96% 19 Days Inventory is 97.23 as of Mar. 2026, which is 130% above its 10-year median of 42.31. GuruFocus rates XKLS:0340 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 980 Semiconductors companies, Northern Solar Holdings Bhd ranks better than 86.33% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Northern Solar Holdings Bhd's Average Total Inventories for the three months ended in Mar. 2026 was RM13.2 Mil. Northern Solar Holdings Bhd's Cost of Goods Sold for the three months ended in Mar. 2026 was RM12.4 Mil. Hence, Northern Solar Holdings Bhd's Days Inventory for the three months ended in Mar. 2026 was 97.23.

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

XKLS:0340' s Days Inventory Range Over the Past 10 Years
Min: 29.45   Med: 42.31   Max: 55.63
Current: 40.25

During the past 5 years, Northern Solar Holdings Bhd's highest Days Inventory was 55.63. The lowest was 29.45. And the median was 42.31.

XKLS:0340's Days Inventory is ranked better than
86.33% of 980 companies
in the Semiconductors industry
Industry Median: 111.93 vs XKLS:0340: 40.25

Northern Solar Holdings Bhd's Days Inventory increased from Mar. 2025 (37.47) to Mar. 2026 (97.23). It might indicate that Northern Solar Holdings Bhd's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Northern Solar Holdings Bhd's Inventory Turnover for the three months ended in Mar. 2026 was 0.94.

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. Northern Solar Holdings Bhd's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.64.


Northern Solar Holdings Bhd  (XKLS:0340) 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.

Northern Solar Holdings Bhd'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.

Northern Solar Holdings Bhd'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.


Northern Solar Holdings Bhd Days Inventory Related Terms


Northern Solar Holdings Bhd Days Inventory Historical Data

* Premium members only.

The historical data trend for Northern Solar Holdings Bhd'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.

Northern Solar Holdings Bhd Days Inventory Chart

Northern Solar Holdings Bhd Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
55.63 42.31 29.45 31.81 44.53

Northern Solar Holdings Bhd Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.47 27.68 22.83 30.78 97.23

XKLS:0340 vs FSLR, NXT, ENPH: Days Inventory Comparison

For the Solar subindustry, Northern Solar Holdings Bhd'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.


Northern Solar Holdings Bhd Days Inventory vs Semiconductors Industry

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

* The bar in red indicates where Northern Solar Holdings Bhd's Days Inventory falls into.


XKLS:0340
19GF Score
Northern Solar Holdings Bhd XKLS:0340
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Solar Holdings Bhd Days Inventory Calculation

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

Northern Solar Holdings Bhd's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (5.217 + 12.914) / 2 ) / 74.31*365
=9.0655 / 74.31*365
=44.53

Northern Solar Holdings Bhd'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
=( (13.544 + 12.914) / 2 ) / 12.415*365 / 4
=13.229 / 12.415*365 / 4
=97.23

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 97.23 mean?
Northern Solar Holdings Bhd (XKLS:0340) has a Days Inventory of 97.23 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Northern Solar Holdings Bhd and its competitors. This is 130% above median its historical median of 42.31. Over the past decade, Northern Solar Holdings Bhd's Days Inventory has ranged from 29.45 to 55.63. According to the industry distribution chart, Northern Solar Holdings Bhd ranks #134 out of 980 companies in the Semiconductors industry, placing it in the top 13.7%.
Is Northern Solar Holdings Bhd's Days Inventory too high?
Northern Solar Holdings Bhd's current Days Inventory of 97.23 is 130% above median its 10-year median of 42.31. Over the past 10 years, this metric has ranged from a low of 29.45 to a high of 55.63. The Semiconductors industry median Days Inventory is 111.93. Northern Solar Holdings Bhd's value of 97.23 is 13.1% below this industry median. Based on the distribution chart, Northern Solar Holdings Bhd ranks #134 out of 980 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Northern Solar Holdings Bhd has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Northern Solar Holdings Bhd's Days Inventory compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Northern Solar Holdings Bhd ranks #134 out of 980 companies for Days Inventory. This places Northern Solar Holdings Bhd in the top 14% of its industry — outperforming the majority of peers. The industry median Days Inventory is 111.93. Northern Solar Holdings Bhd's value of 97.23 is 13.1% below this benchmark. Historically, Northern Solar Holdings Bhd's own Days Inventory has ranged from 29.45 to 55.63 over the past decade. While the company's 10-year median is 42.31 vs. the industry median of 111.93, Northern Solar Holdings Bhd 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 111.93, based on 980 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. Northern Solar Holdings Bhd's current Days Inventory of 97.23 is 13.1% 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 Northern Solar Holdings Bhd and its competitors. For the Semiconductors industry, the median Days Inventory is 111.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Solar Holdings Bhd's current Days Inventory is 97.23, which is 130% above median its own 10-year median of 42.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Solar Holdings Bhd stock overvalued right now?
Northern Solar Holdings Bhd (XKLS:0340) has a current Days Inventory of 97.23. The current Days Inventory is 97.23, which is 130% above median its 10-year median of 42.31 and 13.1% below the Semiconductors industry median of 111.93. Northern Solar Holdings Bhd's overall GF Score™ is 19/100 with 4 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 Northern Solar Holdings Bhd (XKLS:0340), the current Days Inventory is 97.23 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.

Northern Solar Holdings Bhd Business Description

Address No. 3, Jalan SS20/27, Units 8-01 and 8-02, Level 8, Menara Lagenda, Petaling Jaya, SGR, MYS, 47400
Northern Solar Holdings Bhd Group is principally involved in the EPCC of solar PV systems, Generation of renewable energy, and O&M of solar PV equipment and systems. Its EPCC of solar PV systems involves the provision of engineering design and planning, procurement and supply, construction, installation, testing, and commissioning of solar PV systems for commercial, industrial, and residential buildings. The Group owns, operates, and maintains rooftop solar PV systems that generate and sell electricity to NEM and SELCO consumers in Peninsular Malaysia. Its O&M of solar PV equipment and systems involves providing O&M services for solar PV equipment and systems installed in commercial, industrial, & residential buildings. The majority of revenue is derived from the EPCC of solar PV systems.
19GF Score

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

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