Stock Analysis on Net
Stock Analysis on Net

First Solar Inc. (NASDAQ:FSLR)

Analysis of Inventory

Microsoft Excel

Inventory Disclosure

First Solar Inc., balance sheet: inventory

US$ in thousands

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Raw materials 478,138 397,912 404,727 292,334 248,756
Work in process 78,463 66,641 65,573 64,709 59,924
Finished goods 530,197 417,218 433,511 411,773 295,479
Inventories 1,086,798 881,771 903,811 768,816 604,159
Less: Inventories, noncurrent (266,899) (260,395) (237,512) (201,229) (160,646)
Inventories, current 819,899 621,376 666,299 567,587 443,513

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Item Description The company
Inventories, current Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. First Solar Inc. inventories, current decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.