WKHS (Workhorse Group) Change In Inventory : $5.42 Mil (TTM As of Mar. 2025)

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What is Workhorse Group Change In Inventory?

Workhorse Group's change in inventory for the quarter that ended in Mar. 2025 was $0.28 Mil. It means Workhorse Group's inventory declined by $0.28 Mil from Dec. 2024 to Mar. 2025 .

Workhorse Group's change in inventory for the fiscal year that ended in Dec. 2024 was $-1.33 Mil. It means Workhorse Group's inventory increased by $1.33 Mil from Dec. 2023 to Dec. 2024 .

Workhorse Group's Total Inventories for the quarter that ended in Mar. 2025 was $41.31 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Workhorse Group's Days Inventory for the quarter that ended in Mar. 2025 was 734.49.

Inventory Turnover measures how fast the company turns over its inventory within a year. Workhorse Group's Inventory Turnover for the quarter that ended in Mar. 2025 was 0.12.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Workhorse Group's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 64.86.

Workhorse Group Change In Inventory Historical Data

The historical data trend for Workhorse Group's Change In Inventory 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.

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Workhorse Group Change In Inventory Chart

Workhorse Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Inventory

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-13.67

-69.61

-16.63

-39.29

-1.33

Workhorse Group Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Inventory	Get a 7-Day Free Trial															-6.47	3.87	3.84	-2.57	0.28

Workhorse Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.42 Mil.

Workhorse Group (NAS:WKHS) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Workhorse Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	41.574	/	5.165	*	365 / 4
	=	734.49

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Workhorse Group's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.165	/	41.574
	=	0.12

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Workhorse Group's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	41.574	/	0.641
	=	64.86

Workhorse Group Change In Inventory Related Terms

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Workhorse Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Workhorse Group Inc (NAS:WKHS) » Definitions » Change In Inventory

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1WO:Germany

Address

3600 Park 42 Drive, Suite 160E, Sharonville, OH, USA, 45241

Website

https://www.workhorse.com

Workhorse Group Inc is a technology company with a vision to pioneer the transition to zero-emission commercial vehicles. Its focus is to provide sustainable and cost-effective solutions to the commercial transportation sector. It designs and manufactures all-electric delivery trucks and drone systems, including the technology that optimizes the way these vehicles operate. It's focused on a core competency of bringing electric delivery vehicle platforms to serve the last-mile delivery market. Its products are marketed under the Workhorse brand.

Executives

Richard F Dauch	director, officer: Chief Executive Officer	C/O SPARTAN MOTORS INC, 1541 REYNOLDS ROAD, CHARLOTTE MI 48813
Ryan Wesley Gaul	officer: President, Commercial Vehicles	21680 HAGGERTY ROAD, NORTHVILLE MI 48167
James Peters	officer: VP, Supply Chain Management	100 COMMERCE STREET, LOVELAND OH 45140
Stanley Raymond March	officer: VP, Business Development	100 COMMERCE DRIVE, LOVELAND OH 45140
Robert M Ginnan	officer: Chief Financial Officer
Joshua Joseph Anderson	officer: Chief Technology Officer	100 COMMERCE DRIVE, LOVELAND OH 45140
James D. Harrington	officer: Chief Administrative Officer	500 NORTH FIELD DRIVE, LAKE FOREST IL 60045
Jean Botti	director	3600 PARK 42 DRIVE, SUITE 160E, SHARONVILLE OH 45241
Brandon Torres Declet	director	C/O MEASURE GLOBAL INC., 1701 RHODE ISLAND AVENUE NW, STE 05-103, WASHINGTON DC 20036
Michael Laurence Clark	director	828 PRESIDENT STREET, BROOKLYN NY 11215
Jacqueline A Dedo	director	3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Raymond Joseph Chess	director	1084 ANDANTE CT, OXFORD MI 48370
Harry Demott	director	C/O WORKHORSE GROUP INC.,, 100 COMMERCE DRIVE, LOVELAND OH 45140
Austin Scott Miller	director	100 COMMERCE STREET, LOVELAND OH 45140
Pamela S. Mader	director	2522 N 600 E, CRAIGVILLE IN 46731