Workhorse Days Of Inventory Outstanding from 2010 to 2024

WKHS Stock  USD 1.04  0.03  2.80%   
Workhorse Days Of Inventory Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Of Inventory Outstanding will likely drop to 253.89 in 2024. From the period from 2010 to 2024, Workhorse Days Of Inventory Outstanding quarterly data regression had r-value of (0.10) and coefficient of variation of  108.46. View All Fundamentals
 
Days Of Inventory Outstanding  
First Reported
2010-12-31
Previous Quarter
432.17091387
Current Value
253.89
Quarterly Volatility
231.27643652
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Workhorse financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Workhorse's main balance sheet or income statement drivers, such as Interest Expense of 9.2 M, Selling General Administrative of 56.1 M or Other Operating Expenses of 124.3 M, as well as many indicators such as Price To Sales Ratio of 5.41, Dividend Yield of 767 or PTB Ratio of 0.85. Workhorse financial statements analysis is a perfect complement when working with Workhorse Valuation or Volatility modules.
  
Check out the analysis of Workhorse Correlation against competitors.

Latest Workhorse's Days Of Inventory Outstanding Growth Pattern

Below is the plot of the Days Of Inventory Outstanding of Workhorse Group over the last few years. It is Workhorse's Days Of Inventory Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Workhorse's overall financial position and show how it may be relating to other accounts over time.
Days Of Inventory Outstanding10 Years Trend
Very volatile
   Days Of Inventory Outstanding   
       Timeline  

Workhorse Days Of Inventory Outstanding Regression Statistics

Arithmetic Mean213.24
Geometric Mean134.75
Coefficient Of Variation108.46
Mean Deviation170.09
Median97.94
Standard Deviation231.28
Sample Variance53,489
Range863
R-Value(0.10)
Mean Square Error56,974
R-Squared0.01
Significance0.71
Slope(5.40)
Total Sum of Squares748,843

Workhorse Days Of Inventory Outstanding History

2024 253.89
2023 432.17
2022 85.75
2021 27.73
2020 432.04
2019 112.29
2018 57.97

About Workhorse Financial Statements

Workhorse shareholders use historical fundamental indicators, such as Days Of Inventory Outstanding, to determine how well the company is positioned to perform in the future. Although Workhorse investors may analyze each financial statement separately, they are all interrelated. The changes in Workhorse's assets and liabilities, for example, are also reflected in the revenues and expenses on on Workhorse's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Days Of Inventory Outstanding 432.17  253.89 

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Additional Tools for Workhorse Stock Analysis

When running Workhorse's price analysis, check to measure Workhorse's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Workhorse is operating at the current time. Most of Workhorse's value examination focuses on studying past and present price action to predict the probability of Workhorse's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workhorse's price. Additionally, you may evaluate how the addition of Workhorse to your portfolios can decrease your overall portfolio volatility.