Workhorse Cost Of Revenue from 2010 to 2024

WKHS Stock  USD 1.01  0.02  1.94%   
Workhorse Cost Of Revenue yearly trend continues to be comparatively stable with very little volatility. Cost Of Revenue will likely drop to about 21.7 M in 2024. From the period from 2010 to 2024, Workhorse Cost Of Revenue quarterly data regression had r-value of  0.54 and coefficient of variation of  157.09. View All Fundamentals
 
Cost Of Revenue  
First Reported
2009-12-31
Previous Quarter
7.3 M
Current Value
6.6 M
Quarterly Volatility
13.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 9.2 M, Selling General Administrative of 56.1 M or Other Operating Expenses of 124.3 M, as well as many indicators such as Price To Sales Ratio of 5.41, Dividend Yield of 767 or PTB Ratio of 0.85. Workhorse financial statements analysis is a perfect complement when working with Workhorse Valuation or Volatility modules.
  
Check out the analysis of Workhorse Correlation against competitors.

Latest Workhorse's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Workhorse Group over the last few years. Cost of Revenue is found on Workhorse Group income statement and represents the costs associated with goods and services Workhorse provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Workhorse's Cost Of Revenue 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.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Workhorse Cost Of Revenue Regression Statistics

Arithmetic Mean21,198,715
Geometric Mean4,816,726
Coefficient Of Variation157.09
Mean Deviation19,837,925
Median13,067,108
Standard Deviation33,300,499
Sample Variance1108.9T
Range132.4M
R-Value0.54
Mean Square Error851.6T
R-Squared0.29
Significance0.04
Slope3,988,258
Total Sum of Squares15524.9T

Workhorse Cost Of Revenue History

202421.7 M
202338.4 M
202237.7 M
2021132.5 M
202013.1 M
20195.8 M
201816 M

About Workhorse Financial Statements

Workhorse shareholders use historical fundamental indicators, such as Cost Of Revenue, 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 ReportedProjected for Next Year
Cost Of Revenue38.4 M21.7 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.