Canadian Solar (MEX:CSIQN) Days Payable: 107.88 (As of Mar. 2026) — 73% 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 Payable?

Canadian Solar MEX:CSIQN 70 Days Payable is 107.88 as of Mar. 2026, which is 73% above its 10-year median of 62.24. 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 999 Semiconductors companies, Canadian Solar ranks better than 73.67% on this metric.

Canadian Solar's average Accounts Payable for the three months ended in Mar. 2026 was MXN17,206 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 Payable for the three months ended in Mar. 2026 was 107.88.

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

MEX:CSIQN' s Days Payable Range Over the Past 10 Years
Min: 38.48   Med: 62.24   Max: 84.99
Current: 84.99

During the past 13 years, Canadian Solar's highest Days Payable was 84.99. The lowest was 38.48. And the median was 62.24.

MEX:CSIQN's Days Payable is ranked better than
73.67% of 999 companies
in the Semiconductors industry
Industry Median: 53.06 vs MEX:CSIQN: 84.99

Canadian Solar's Days Payable increased from Mar. 2025 (91.46) to Mar. 2026 (107.88). It may suggest that Canadian Solar delayed paying its suppliers.


Canadian Solar Days Payable Historical Data

* Premium members only.

The historical data trend for Canadian Solar's Days Payable 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 Payable Chart

Canadian Solar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.87 39.25 50.10 63.04 84.28

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 Payable 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 91.46 82.10 78.31 82.21 107.88

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

For the Solar subindustry, Canadian Solar's Days Payable, along with its competitors' market caps and Days Payable 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 Payable vs Semiconductors Industry

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

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


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

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

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

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (22166.981 + 15823.895) / 2 ) / 82265.901*365
=18995.438 / 82265.901*365
=84.28

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

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (15823.895 + 18588.035) / 2 ) / 14553.435*365 / 4
=17205.965 / 14553.435*365 / 4
=107.88

* 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 Payable →
What does a Days Payable of 107.88 mean?
Canadian Solar (MEX:CSIQN) has a Days Payable of 107.88 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Canadian Solar and its competitors. This is 73% above median its historical median of 62.24. Over the past decade, Canadian Solar's Days Payable has ranged from 38.48 to 84.99. According to the industry distribution chart, Canadian Solar ranks #263 out of 999 companies in the Semiconductors industry, placing it in the top 26.3%.
Is Canadian Solar's Days Payable too high?
Canadian Solar's current Days Payable of 107.88 is 73% above median its 10-year median of 62.24. Over the past 10 years, this metric has ranged from a low of 38.48 to a high of 84.99. The Semiconductors industry median Days Payable is 53.06. Canadian Solar's value of 107.88 is 103.3% above this industry median. Based on the distribution chart, Canadian Solar ranks #263 out of 999 companies in the Semiconductors industry, which is above 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 Payable compare to JKS and ARRY?
According to the Semiconductors industry distribution chart, Canadian Solar ranks #263 out of 999 companies for Days Payable. This puts Canadian Solar in the upper half of its industry. The industry median Days Payable is 53.06. Canadian Solar's value of 107.88 is 103.3% above this benchmark. Historically, Canadian Solar's own Days Payable has ranged from 38.48 to 84.99 over the past decade. While the company's 10-year median is 62.24 vs. the industry median of 53.06, 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 Payable for a Semiconductors company?
The median Days Payable among Semiconductors companies is 53.06, based on 999 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Solar's current Days Payable of 107.88 is 103.3% 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 Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Canadian Solar and its competitors. For the Semiconductors industry, the median Days Payable is 53.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Solar's current Days Payable is 107.88, which is 73% above median its own 10-year median of 62.24. 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 Payable is 107.88, which is 73% above median its 10-year median of 62.24 and 103.3% above the Semiconductors industry median of 53.06. 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 Payable calculated?
Days Payable is calculated from a company's financial statements. For Canadian Solar (MEX:CSIQN), the current Days Payable is 107.88 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 Payable: 107.88 (73% above median its 10-year median of 62.24)
  • GF Value™: MXN260.83 vs. price of MXN276.50 (6% above fair value)
  • GF Score™: 70/100 with 9 warning signs
  • Industry Position: 103.3% above the Semiconductors median (#263 of 999)

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

MXN276.50
Price
MXN260.83
GF Value