Company / Accounts Receivable
Workhorse Group Inc. Accounts Receivable History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Accounts Receivable
$3.9M
FY2025
5-year range
$537.5K / $4.5M
FY2021-FY2025
Trend
+623.5%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Accounts Receivable changed +623% YoY in FY2025, a notable deviation from the 7-year average annual change of +1679%.
Based on SEC 10-K filings.
$4M in FY2025 with a 5-year CAGR of +34.5%.
Declined from $4M to $4M over the past 2 years.
Accounts Receivable over time
Growth rates
- 3-Year CAGR
- +23.2%
- 5-Year CAGR
- +34.5%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +34.5%, indicating consistent growth.
- In FY2025, accounts receivable increased 623.5% year-over-year.
- Peak accounts receivable was recorded in FY2023.
- Lowest accounts receivable in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score -1.01 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Accounts ReceivableValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $3.9M | +623.5% |
| FY2024 | $537.5K | -88.0% |
| FY2023 | $4.5M | +115.0% |
| FY2022 | $2.1M | +135.1% |
| FY2020 | $884.4K | +11064.8% |
| FY2019 | $7.9K | - |
| FY2018 | - | - |
| FY2017 | $628.7K | +0.0% |
| FY2016 | $628.7K | - |
| FY2015 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026