Workhorse Inventory from 2010 to 2024

WKHS Stock  USD 1.04  0.03  2.80%   
Workhorse Inventory yearly trend continues to be comparatively stable with very little volatility. Inventory is likely to outpace its year average in 2024. From the period from 2010 to 2024, Workhorse Inventory quarterly data regression had r-value of  0.74 and coefficient of variation of  169.53. View All Fundamentals
 
Inventory  
First Reported
2008-09-30
Previous Quarter
46.5 M
Current Value
43.2 M
Quarterly Volatility
16.2 M
 
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 Inventory Growth Pattern

Below is the plot of the Inventory of Workhorse Group over the last few years. It is Workhorse's Inventory 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.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Workhorse Inventory Regression Statistics

Arithmetic Mean9,310,256
Geometric Mean1,590,503
Coefficient Of Variation169.53
Mean Deviation10,850,687
Median2,464,835
Standard Deviation15,783,960
Sample Variance249.1T
Range47.6M
R-Value0.74
Mean Square Error119.4T
R-Squared0.55
Significance0
Slope2,628,884
Total Sum of Squares3487.9T

Workhorse Inventory History

202447.7 M
202345.4 M
20228.9 M
202110.1 M
202015.5 M
20191.8 M
20182.5 M

Other Fundumenentals of Workhorse Group

Workhorse Inventory component correlations

About Workhorse Financial Statements

Workhorse shareholders use historical fundamental indicators, such as Inventory, 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
Inventory45.4 M47.7 M
Change To Inventory-39.3 M-37.3 M
Inventory Turnover 0.84  0.80 
Days Of Inventory On Hand 432.17  253.89 
Average Inventory8.5 M5.2 M
Days Of Inventory Outstanding 432.17  253.89 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.