Workhorse Group (LTS:0A3U) Days Sales Outstanding : 28.94 (As of Dec. 2024)

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What is Workhorse Group Days Sales Outstanding?

Workhorse Group's average Accounts Receivable for the three months ended in Dec. 2024 was $0.61 Mil. Workhorse Group's Revenue for the three months ended in Dec. 2024 was $1.93 Mil. Hence, Workhorse Group's Days Sales Outstanding for the three months ended in Dec. 2024 was 28.94.

The historical rank and industry rank for Workhorse Group's Days Sales Outstanding or its related term are showing as below:

LTS:0A3U' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.75 Med: 70.22 Max: 484.59
Current: 67.05

During the past 13 years, Workhorse Group's highest Days Sales Outstanding was 484.59. The lowest was 7.75. And the median was 70.22.

LTS:0A3U's Days Sales Outstanding is ranked worse than
59.44% of 1292 companies
in the Vehicles & Parts industry
Industry Median: 60.065 vs LTS:0A3U: 67.05

Workhorse Group's Days Sales Outstanding declined from Dec. 2023 (100.97) to Dec. 2024 (28.94).

Workhorse Group Days Sales Outstanding Historical Data

The historical data trend for Workhorse Group's Days Sales Outstanding 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 Days Sales Outstanding Chart

Workhorse Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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136.91

80.99

61.40

79.03

Workhorse Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															100.97	139.53	137.04	26.25	28.94

Competitive Comparison of Workhorse Group's Days Sales Outstanding

For the Auto Manufacturers subindustry, Workhorse Group's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding 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's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Workhorse Group's Days Sales Outstanding distribution charts can be found below:

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

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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. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (2.327	+	0.538)	/	2 )	/	6.616	*	365
=	1.4325					/	6.616	*	365
=	79.03

Workhorse Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (0.683	+	0.538)	/	2 )	/	1.925	*	365 / 4
=	0.6105					/	1.925	*	365 / 4
=	28.94

Workhorse Group (LTS:0A3U) 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

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Workhorse Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Workhorse Group Inc (LTS:0A3U) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

WKHS:USA WKHS:Mexico 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.

Workhorse Group Headlines

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