Forward Industries (FWDI) Accounts Payables (2010 - 2025)
Forward Industries (FWDI) recorded Accounts Payables of $3.44 million in fiscal Q1 2026 (quarter ended Dec 31, 2025), up 605.3% from $487,461 a year earlier and up 451.4% from the prior quarter.
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Analysis
Forward Industries (FWDI) Accounts Payables (2010 - 2025) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Forward Industries reported Accounts Payables of $623,512, up 9.1% from FY2024.
- Annual Accounts Payables has a five-year compound annual growth rate of 0.3% (FY2020 to FY2025).
- Across earlier fiscal years, Accounts Payables came in at $571,662 in FY2024 (-57.9%), $1.36 million in FY2023 (+17.7%), $1.15 million in FY2022 (+117.9%) and $529,497 in FY2021 (-14.0%).
- The fiscal Q1 2026 figure is the highest quarterly Accounts Payables since fiscal Q1 2014.
- On a year-over-year basis, Accounts Payables rose in two of the last eight quarters, with growth averaging 48.3%.
- Peak year-over-year performance for Accounts Payables in the last five years was growth of 605.3% in fiscal Q1 2026, against a decline of 57.9% in fiscal Q4 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $623,512 (Q4 2025), $311,007 (Q3 2025) and $418,813 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 43.52 Bn | 43.57 Bn | 1.60 Bn | 463.00 Mn |
| 2 | Cognizant Technology Solutions | 25.96 Bn | 19.13 Bn | 1.83 Bn | 357.00 Mn |
| 3 | Td Synnex | 20.53 Bn | 14.56 Bn | 1.34 Bn | 21.18 Bn |
| 4 | Cdw | 16.06 Bn | 14.05 Bn | 1.32 Bn | 5.12 Bn |
| 5 | Cgi | 15.14 Bn | 12.92 Bn | - | 809.53 Mn |
| 6 | Arrow Electronics | 11.55 Bn | 10.58 Bn | 1.13 Bn | 27.11 Bn |
| 7 | Avnet | 8.20 Bn | 7.38 Bn | 865.03 Mn | 6.05 Bn |
| 8 | Ingram Micro Holding | 6.32 Bn | 1.92 Bn | 958.68 Mn | 11.80 Bn |
| 9 | EPAM Systems | 5.59 Bn | 1.23 Bn | 429.57 Mn | 41.55 Mn |
| 10 | Forward Industries | 576.01 Mn | 576.01 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 3.44 Mn |
| Sep 30, 2025 | 623,512.00 |
| Jun 30, 2025 | 311,007.00 |
| Mar 31, 2025 | 418,813.00 |
| Dec 31, 2024 | 487,461.00 |
| Sep 30, 2024 | 571,662.00 |
| Jun 30, 2024 | 642,479.00 |
| Mar 31, 2024 | 560,494.00 |
| Dec 31, 2023 | 494,724.00 |
| Sep 30, 2023 | 1.36 Mn |
| Jun 30, 2023 | 1.28 Mn |
| Mar 31, 2023 | 957,613.00 |
| Dec 31, 2022 | 694,644.00 |
| Sep 30, 2022 | 1.15 Mn |
| Jun 30, 2022 | 1.08 Mn |
| Mar 31, 2022 | 787,010.00 |
| Dec 31, 2021 | 662,519.00 |
| Sep 30, 2021 | 529,497.00 |
| Jun 30, 2021 | 624,328.00 |
| Mar 31, 2021 | 454,876.00 |
API Access
Forward Industries Accounts Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accounts-payables&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accounts-payables", "ticker": "FWDI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accounts-payables&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();