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Workhorse GroupMEX:WKHS 42 Days Payable is 115.11 as of Jun. 2026, which is 29% above its 10-year median of 88.99. GuruFocus rates MEX:WKHS with a GF Score™ of 42/100 and a GF Value™ of MXN49.62. The stock has 9 warning signs investors should review. Among 1,312 Vehicles & Parts companies, Workhorse Group ranks better than 77.97% on this metric.
The historical rank and industry rank for Workhorse Group's Days Payable or its related term are showing as below:
MEX:WKHS'
s Days Payable Range Over the Past 10 Years
Min: 17.41 Med: 88.99 Max: 201.03
Current: 125.96
During the past 13 years, Workhorse Group's highest Days Payable was 201.03. The lowest was 17.41. And the median was 88.99.
MEX:WKHS's Days Payable is ranked better than 77.97% of 1312
companies
in the Vehicles & Parts industry
Industry Median: 66.61
vs MEX:WKHS: 125.96
Workhorse Group's Days Payable
declined
from Jun. 2025 (494.85) to Jun. 2026 (115.11).
It may suggest that Workhorse Groupaccelerated paying its suppliers.
The historical data trend for Workhorse Group's Days Payable 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.
MEX:WKHS vs FABC, FFAI, AIEV: Days Payable Comparison
For the Auto Manufacturers subindustry, Workhorse Group's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* 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. Note that "N/A" values will not show up in the chart.
Workhorse Group Days Payable vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Workhorse Group's Days Payable distribution charts can be found below:
* The bar in red indicates where Workhorse Group's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Workhorse Group's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Workhorse Group (MEX:WKHS) has a Days Payable of 115.11 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Workhorse Group and its competitors. This is 29% above median its historical median of 88.99. Over the past decade, Workhorse Group's Days Payable has ranged from 17.41 to 201.03. According to the industry distribution chart, Workhorse Group ranks #289 out of 1312 companies in the Vehicles & Parts industry, placing it in the top 22%.
Is Workhorse Group's Days Payable too high?
Workhorse Group's current Days Payable of 115.11 is 29% above median its 10-year median of 88.99. Over the past 10 years, this metric has ranged from a low of 17.41 to a high of 201.03. The Vehicles & Parts industry median Days Payable is 66.61. Workhorse Group's value of 115.11 is 72.8% above this industry median. Based on the distribution chart, Workhorse Group ranks #289 out of 1312 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Workhorse Group has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Workhorse Group's Days Payable compare to FABC and FFAI?
According to the Vehicles & Parts industry distribution chart, Workhorse Group ranks #289 out of 1312 companies for Days Payable. This places Workhorse Group in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 66.61. Workhorse Group's value of 115.11 is 72.8% above this benchmark. Historically, Workhorse Group's own Days Payable has ranged from 17.41 to 201.03 over the past decade. While the company's 10-year median is 88.99 vs. the industry median of 66.61, Workhorse Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 66.61, based on 1,312 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Workhorse Group's current Days Payable of 115.11 is 72.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Workhorse Group and its competitors. For the Vehicles & Parts industry, the median Days Payable is 66.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Workhorse Group's current Days Payable is 115.11, which is 29% above median its own 10-year median of 88.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Workhorse Group stock overvalued right now?
Workhorse Group (MEX:WKHS) has a current Days Payable of 115.11. The stock's GF Value™ is MXN49.62, compared to a current price of MXN44.70 — trading 9.9% below its estimated fair value. The current Days Payable is 115.11, which is 29% above median its 10-year median of 88.99 and 72.8% above the Vehicles & Parts industry median of 66.61. Workhorse Group's overall GF Score™ is 42/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Workhorse Group (MEX:WKHS), the current Days Payable is 115.11 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Workhorse Group (MEX:WKHS) Overvalued in 2026?
Based on GuruFocus' analysis, Workhorse Group stock appears to be undervalued.
The current stock price of MXN44.70 is trading 9.9% below its estimated GF Value™ of MXN49.62.
Key valuation signals for MEX:WKHS:
Days Payable: 115.11 (29% above median its 10-year median of 88.99)
GF Value™: MXN49.62 vs. price of MXN44.70 (9.9% below fair value)
Industry Position: 72.8% above the Vehicles & Parts median (#289 of 1312)
No single metric tells the full story. See the MEX:WKHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 vehicles, 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.
42GF Score
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