CSIQ (Canadian Solar) Days Sales Outstanding: 64.72 (As of Mar. 2026) — 45% Above Median

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CSIQ Canadian Solar Inc CSIQ
80 GF Score
Price $15.14
GF Value $14.77
Valuation Fairly Valued
! 9 Warning Signs
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What is Canadian Solar Days Sales Outstanding?

Canadian Solar CSIQ -1.11% 80 Days Sales Outstanding is 64.72 as of Mar. 2026, which is 45% above its 10-year median of 44.69. GuruFocus rates CSIQ with a GF Score™ of 80/100 and a GF Value™ of $14.77 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,018 Semiconductors companies, Canadian Solar ranks better than 57.96% on this metric.

Canadian Solar's average Accounts Receivable for the three months ended in Mar. 2026 was $764 Mil. Canadian Solar's Revenue for the three months ended in Mar. 2026 was $1,078 Mil. Hence, Canadian Solar's Days Sales Outstanding for the three months ended in Mar. 2026 was 64.72.

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

CSIQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.67   Med: 44.69   Max: 63.56
Current: 55.7

During the past 13 years, Canadian Solar's highest Days Sales Outstanding was 63.56. The lowest was 36.67. And the median was 44.69.

CSIQ's Days Sales Outstanding is ranked better than
57.96% of 1018 companies
in the Semiconductors industry
Industry Median: 62.74 vs CSIQ: 55.70

Canadian Solar's Days Sales Outstanding declined from Mar. 2025 (77.73) to Mar. 2026 (64.72).


Canadian Solar  (NAS:CSIQ) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Canadian Solar Days Sales Outstanding Related Terms


Canadian Solar Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Canadian Solar's Days Sales Outstanding 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 Sales Outstanding Chart

Canadian Solar Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.67 39.64 44.97 61.62 63.56

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 Sales Outstanding 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 77.73 49.43 53.07 61.65 64.72

CSIQ vs ARRY, JKS, SHLS: Days Sales Outstanding Comparison

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

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

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


CSIQ
80GF Score
Canadian Solar Inc CSIQ
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Canadian Solar Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

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

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (1118.77 + 829.957) / 2 ) / 5595.107*365
=974.3635 / 5595.107*365
=63.56

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

Days Sales Outstanding (Q: Mar. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2025 ) + Accounts Receivable (A: Mar. 2026 )) / count ) / Revenue (A: Mar. 2026 )*Days in Period
=( (829.957 + 698.978) / 2 ) / 1077.878*365 / 4
=764.4675 / 1077.878*365 / 4
=64.72

* 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 Sales Outstanding →
What does a Days Sales Outstanding of 64.72 mean?
Canadian Solar (CSIQ) has a Days Sales Outstanding of 64.72 as of Mar. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Canadian Solar and its competitors. This is 45% above median its historical median of 44.69. Over the past decade, Canadian Solar's Days Sales Outstanding has ranged from 36.67 to 63.56. According to the industry distribution chart, Canadian Solar ranks #428 out of 1018 companies in the Semiconductors industry, placing it in the top 42%.
Is Canadian Solar's Days Sales Outstanding too high?
Canadian Solar's current Days Sales Outstanding of 64.72 is 45% above median its 10-year median of 44.69. Over the past 10 years, this metric has ranged from a low of 36.67 to a high of 63.56. The Semiconductors industry median Days Sales Outstanding is 62.74. Canadian Solar's value of 64.72 is 3.2% above this industry median. Based on the distribution chart, Canadian Solar ranks #428 out of 1018 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Canadian Solar has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Canadian Solar's Days Sales Outstanding compare to ARRY and JKS?
According to the Semiconductors industry distribution chart, Canadian Solar ranks #428 out of 1018 companies for Days Sales Outstanding. This puts Canadian Solar in the upper half of its industry. The industry median Days Sales Outstanding is 62.74. Canadian Solar's value of 64.72 is 3.2% above this benchmark. Historically, Canadian Solar's own Days Sales Outstanding has ranged from 36.67 to 63.56 over the past decade. While the company's 10-year median is 44.69 vs. the industry median of 62.74, 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 Sales Outstanding for a Semiconductors company?
The median Days Sales Outstanding among Semiconductors companies is 62.74, based on 1,018 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Canadian Solar's current Days Sales Outstanding of 64.72 is 3.2% 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 Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Canadian Solar and its competitors. For the Semiconductors industry, the median Days Sales Outstanding is 62.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Solar's current Days Sales Outstanding is 64.72, which is 45% above median its own 10-year median of 44.69. 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 (CSIQ) is currently considered Fairly Valued. The stock's GF Value™ is $14.77, compared to a current price of $15.14 — trading 2.5% above its estimated fair value. The current Days Sales Outstanding is 64.72, which is 45% above median its 10-year median of 44.69 and 3.2% above the Semiconductors industry median of 62.74. Canadian Solar's overall GF Score™ is 80/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Canadian Solar (CSIQ), the current Days Sales Outstanding is 64.72 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 (CSIQ) Overvalued in 2026?

Based on GuruFocus' analysis, Canadian Solar stock appears to be overvalued. The current stock price of $15.14 is trading 2.5% above its estimated GF Value™ of $14.77. GuruFocus considers Canadian Solar to be Fairly Valued.

Key valuation signals for CSIQ:

  • Days Sales Outstanding: 64.72 (45% above median its 10-year median of 44.69)
  • GF Value™: $14.77 vs. price of $15.14 (2.5% above fair value)
  • GF Score™: 80/100 with 9 warning signs
  • Industry Position: 3.2% above the Semiconductors median (#428 of 1018)

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


Canadian Solar Business Description

Other Exchanges CSIQN:MexicoL5A: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.
80GF Score

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

$15.14
Price
$14.77
GF Value