Workhorse Days Sales Outstanding from 2010 to 2024

WKHS Stock  USD 1.08  0.01  0.93%   
Workhorse Days Sales Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Sales Outstanding is likely to outpace its year average in 2024. From the period from 2010 to 2024, Workhorse Days Sales Outstanding quarterly data regression had mean square error of  92,308 and mean deviation of  163.97. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
124.60154152
Current Value
149.88
Quarterly Volatility
313.00374195
 
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 Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of Workhorse Group over the last few years. It is Workhorse's Days Sales 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 Sales Outstanding10 Years Trend
Slightly volatile
   Days Sales Outstanding   
       Timeline  

Workhorse Days Sales Outstanding Regression Statistics

Arithmetic Mean145.92
Coefficient Of Variation214.50
Mean Deviation163.97
Median41.37
Standard Deviation313.00
Sample Variance97,971
Range1.3K
R-Value0.35
Mean Square Error92,308
R-Squared0.13
Significance0.20
Slope24.76
Total Sum of Squares1.4M

Workhorse Days Sales Outstanding History

2024 149.88
2023 124.6
2022 1241.07
2021 -64.17
2020 271.94
2019 39.76
2018 23.09

About Workhorse Financial Statements

Workhorse shareholders use historical fundamental indicators, such as Days Sales 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 Sales Outstanding 124.60  149.88 

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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.