First Solar (XSWX:FSLR) Days Sales Outstanding: 122.23 (As of Jun. 2026) — 149% Above Median

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XSWX:FSLR First Solar Inc XSWX:FSLR
87 GF Score
Price CHF201.65
GF Value CHF140.67
! 7 Warning Signs
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What is First Solar Days Sales Outstanding?

First Solar XSWX:FSLR 87 Days Sales Outstanding is 122.23 as of Jun. 2026, which is 149% above its 10-year median of 49.05. GuruFocus rates XSWX:FSLR with a GF Score™ of 87/100 and a GF Value™ of CHF140.67. The stock has 7 warning signs investors should review. Among 1,017 Semiconductors companies, First Solar ranks worse than 79.74% on this metric.

First Solar's average Accounts Receivable for the three months ended in Jun. 2026 was CHF1,131 Mil. First Solar's Revenue for the three months ended in Jun. 2026 was CHF844 Mil. Hence, First Solar's Days Sales Outstanding for the three months ended in Jun. 2026 was 122.23.

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

XSWX:FSLR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.66   Med: 49.05   Max: 99.32
Current: 99.32

During the past 13 years, First Solar's highest Days Sales Outstanding was 99.32. The lowest was 27.66. And the median was 49.05.

XSWX:FSLR's Days Sales Outstanding is ranked worse than
79.74% of 1017 companies
in the Semiconductors industry
Industry Median: 62.74 vs XSWX:FSLR: 99.32

First Solar's Days Sales Outstanding declined from Jun. 2025 (144.53) to Jun. 2026 (122.23).


First Solar  (XSWX:FSLR) Days Sales Outstanding Explanation

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


First Solar Days Sales Outstanding Related Terms


First Solar Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for First 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.

First Solar Days Sales Outstanding Chart

First 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 42.83 52.18 55.55 82.52 94.58

First Solar Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 144.53 91.84 74.14 117.26 122.23

XSWX:FSLR vs NXT, ENPH, SEDG: Days Sales Outstanding Comparison

For the Solar subindustry, First 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.


First Solar Days Sales Outstanding vs Semiconductors Industry

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

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


XSWX:FSLR
87GF Score
First Solar Inc XSWX:FSLR
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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First 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.

First 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
=( (1124.351 + 1031.22) / 2 ) / 4159.321*365
=1077.7855 / 4159.321*365
=94.58

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

Days Sales Outstanding (Q: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2026 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (1081.714 + 1179.943) / 2 ) / 844.215*365 / 4
=1130.8285 / 844.215*365 / 4
=122.23

* 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 Sales Outstanding →
What does a Days Sales Outstanding of 122.23 mean?
First Solar (XSWX:FSLR) has a Days Sales Outstanding of 122.23 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on First Solar and its competitors. This is 149% above median its historical median of 49.05. Over the past decade, First Solar's Days Sales Outstanding has ranged from 27.66 to 99.32. According to the industry distribution chart, First Solar ranks #811 out of 1017 companies in the Semiconductors industry, placing it in the top 79.7%.
Is First Solar's Days Sales Outstanding too high?
First Solar's current Days Sales Outstanding of 122.23 is 149% above median its 10-year median of 49.05. Over the past 10 years, this metric has ranged from a low of 27.66 to a high of 99.32. The Semiconductors industry median Days Sales Outstanding is 62.74. First Solar's value of 122.23 is 94.8% above this industry median. Based on the distribution chart, First Solar ranks #811 out of 1017 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, First Solar has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does First Solar's Days Sales Outstanding compare to NXT and ENPH?
According to the Semiconductors industry distribution chart, First Solar ranks #811 out of 1017 companies for Days Sales Outstanding. This places First Solar in the lower half of its industry. The industry median Days Sales Outstanding is 62.74. First Solar's value of 122.23 is 94.8% above this benchmark. Historically, First Solar's own Days Sales Outstanding has ranged from 27.66 to 99.32 over the past decade. While the company's 10-year median is 49.05 vs. the industry median of 62.74, First 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 1,017 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. First Solar's current Days Sales Outstanding of 122.23 is 94.8% 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 First 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. First Solar's current Days Sales Outstanding is 122.23, which is 149% above median its own 10-year median of 49.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Solar stock overvalued right now?
First Solar (XSWX:FSLR) has a current Days Sales Outstanding of 122.23. The stock's GF Value™ is CHF140.67, compared to a current price of CHF201.65 — trading 43.3% above its estimated fair value. The current Days Sales Outstanding is 122.23, which is 149% above median its 10-year median of 49.05 and 94.8% above the Semiconductors industry median of 62.74. First Solar's overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For First Solar (XSWX:FSLR), the current Days Sales Outstanding is 122.23 as of Jun. 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 First Solar (XSWX:FSLR) Overvalued in 2026?

Based on GuruFocus' analysis, First Solar stock appears to be overvalued. The current stock price of CHF201.65 is trading 43.3% above its estimated GF Value™ of CHF140.67.

Key valuation signals for XSWX:FSLR:

  • Days Sales Outstanding: 122.23 (149% above median its 10-year median of 49.05)
  • GF Value™: CHF140.67 vs. price of CHF201.65 (43.3% above fair value)
  • GF Score™: 87/100 with 7 warning signs
  • Industry Position: 94.8% above the Semiconductors median (#811 of 1017)

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


First Solar Business Description

Address 4300 East Camelback Road, Suite 220, Phoenix, AZ, USA, 85018
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
87GF Score

Get the complete analysis for XSWX:FSLR

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

CHF201.65
Price
CHF140.67
GF Value