Workhorse Accounts Payable from 2010 to 2025
| WKHS Stock | USD 2.72 0.53 24.20% |
Accounts Payable | First Reported 2008-03-31 | Previous Quarter 10.5 M | Current Value 10.6 M | Quarterly Volatility 4.2 M |
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 10.5 M, Selling General Administrative of 64.6 M or Other Operating Expenses of 143 M, as well as many indicators such as Price To Sales Ratio of 77.83, Dividend Yield of 61.4 or PTB Ratio of 12.26. Workhorse financial statements analysis is a perfect complement when working with Workhorse Valuation or Volatility modules.
Workhorse | Accounts Payable |
Latest Workhorse's Accounts Payable Growth Pattern
Below is the plot of the Accounts Payable of Workhorse Group over the last few years. An accounting item on the balance sheet that represents Workhorse obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Workhorse Group are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. It is the amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities. Workhorse's Accounts Payable 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.
| Accounts Payable | 10 Years Trend |
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Accounts Payable |
| Timeline |
Workhorse Accounts Payable Regression Statistics
| Arithmetic Mean | 5,494,475 | |
| Geometric Mean | 2,894,099 | |
| Coefficient Of Variation | 90.71 | |
| Mean Deviation | 4,059,988 | |
| Median | 4,340,463 | |
| Standard Deviation | 4,983,803 | |
| Sample Variance | 24.8T | |
| Range | 15M | |
| R-Value | 0.90 | |
| Mean Square Error | 4.9T | |
| R-Squared | 0.82 | |
| Slope | 945,948 | |
| Total Sum of Squares | 372.6T |
Workhorse Accounts Payable History
About Workhorse Financial Statements
Workhorse shareholders use historical fundamental indicators, such as Accounts Payable, 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 Reported | Projected for Next Year | ||
| Accounts Payable | 14.3 M | 15 M |
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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.