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Workhorse Group Days Sales Outstanding

: 98.81 (As of Dec. 2020)
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Workhorse Group's average Accounts Receivable for the three months ended in Dec. 2020 was $0.71 Mil. Workhorse Group's Revenue for the three months ended in Dec. 2020 was $0.65 Mil. Hence, Workhorse Group's Days Sales Outstanding for the three months ended in Dec. 2020 was 98.81.

NAS:WKHS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.71   Med: 35.79   Max: 484.59
Current: 79.24

6.71
484.59

During the past 13 years, Workhorse Group's highest Days Sales Outstanding was 484.59. The lowest was 6.71. And the median was 35.79.

NAS:WKHS's Days Sales Outstanding is ranked lower than
65% of the 1149 Companies
in the Vehicles & Parts industry.

( Industry Median: 65.93 vs. NAS:WKHS: 79.24 )

Workhorse Group's Days Sales Outstanding declined from Dec. 2019 (243.33) to Dec. 2020 (98.81).


Workhorse Group Days Sales Outstanding Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Workhorse Group Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.79 29.85 484.59 7.75 116.86

Workhorse Group Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 243.33 30.96 45.63 46.11 98.81

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Workhorse Group Days Sales Outstanding Distribution

* The bar in red indicates where Workhorse Group's Days Sales Outstanding falls into.



Workhorse Group Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Workhorse Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

Days Sales Outstanding (A: Dec. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count ) / Revenue (A: Dec. 2020 )*Days in Period
=( (0.008 + 0.884) / 2 ) / 1.393*365
=0.446 / 1.393*365
=116.86

Workhorse Group's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding (Q: Dec. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2020 ) + Accounts Receivable (A: Dec. 2020 )) / count ) / Revenue (A: Dec. 2020 )*Days in Period
=( (0.528 + 0.884) / 2 ) / 0.652*365 / 4
=0.706 / 0.652*365 / 4
=98.81

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


Workhorse Group  (NAS:WKHS) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Workhorse Group Days Sales Outstanding Related Terms


Workhorse Group Days Sales Outstanding Headlines

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