Worksport Receivables Turnover from 2010 to 2025

WKSP Stock  USD 0.92  0.08  8.00%   
Worksport Receivables Turnover yearly trend continues to be relatively stable with very little volatility. Receivables Turnover is likely to drop to 2.66. During the period from 2010 to 2025, Worksport Receivables Turnover destribution of quarterly values had range of 28.0628 from its regression line and mean deviation of  9.55. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
2.8
Current Value
2.66
Quarterly Volatility
10.4381126
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Worksport financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Worksport's main balance sheet or income statement drivers, such as Interest Expense of 744.1 K, Selling General Administrative of 16.3 M or Other Operating Expenses of 19.6 M, as well as many indicators such as Price To Sales Ratio of 21.16, Dividend Yield of 0.0 or PTB Ratio of 1.24. Worksport financial statements analysis is a perfect complement when working with Worksport Valuation or Volatility modules.
  
Check out the analysis of Worksport Correlation against competitors.
To learn how to invest in Worksport Stock, please use our How to Invest in Worksport guide.

Latest Worksport's Receivables Turnover Growth Pattern

Below is the plot of the Receivables Turnover of Worksport over the last few years. It is Worksport's Receivables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Worksport's overall financial position and show how it may be relating to other accounts over time.
Receivables Turnover10 Years Trend
Slightly volatile
   Receivables Turnover   
       Timeline  

Worksport Receivables Turnover Regression Statistics

Arithmetic Mean10.73
Geometric Mean5.47
Coefficient Of Variation97.30
Mean Deviation9.55
Median6.24
Standard Deviation10.44
Sample Variance108.95
Range28.0628
R-Value(0.72)
Mean Square Error56.89
R-Squared0.51
Significance0
Slope(1.57)
Total Sum of Squares1,634

Worksport Receivables Turnover History

2025 2.66
2024 2.8
2023 2.43
2022 0.35
2021 1.23
2020 1.19
2019 28.42

About Worksport Financial Statements

Worksport shareholders use historical fundamental indicators, such as Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Worksport investors may analyze each financial statement separately, they are all interrelated. The changes in Worksport's assets and liabilities, for example, are also reflected in the revenues and expenses on on Worksport's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Receivables Turnover 2.80  2.66 

Additional Tools for Worksport Stock Analysis

When running Worksport's price analysis, check to measure Worksport'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 Worksport is operating at the current time. Most of Worksport's value examination focuses on studying past and present price action to predict the probability of Worksport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worksport's price. Additionally, you may evaluate how the addition of Worksport to your portfolios can decrease your overall portfolio volatility.