Forward Industries (FWDI) Change in Account Payables (2011 - 2025)
Forward Industries (FWDI) posted Change in Account Payables of $692,921 for fiscal Q1 2026 (quarter ended Dec 31, 2025), compared with $46,517 a year earlier and down 15.3% from the prior quarter.
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Analysis
Forward Industries (FWDI) Change in Account Payables (2011 - 2025) Analysis & Trends
For the trailing twelve months through Dec 31, 2025, Change in Account Payables at Forward Industries was $1.57 million; for FY2025 (ended Sep 30, 2025), it came in at $923,513.
- Annual Change in Account Payables shows a five-year compound annual growth rate of 30.3% (FY2020 to FY2025).
- In prior fiscal years, Forward Industries' Change in Account Payables was -$391,868 in FY2024, $250,732 in FY2023 (-86.5%), $1.86 million in FY2022 (-19.5%) and $2.31 million in FY2021 (+838.7%).
- Quarterly Change in Account Payables has run from a low of -$1.21 million in fiscal Q4 2022 to a high of $2.07 million in fiscal Q1 2023 over five years.
- The strongest year-over-year quarter for Change in Account Payables in the past five years was fiscal Q4 2021, with growth of 382.4%; the weakest was fiscal Q1 2025, with a decline of 92.8%.
- According to Business Quant data, Change in Account Payables for the three prior fiscal quarters was $818,283 (Q4 2025), $71,405 (Q3 2025) and -$12,692 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.69 Bn | 44.75 Bn | 1.60 Bn | -39.00 Mn |
| 2 | Cognizant Technology Solutions | 26.45 Bn | 19.61 Bn | 1.83 Bn | 4.00 Mn |
| 3 | Td Synnex | 22.21 Bn | 16.36 Bn | 1.43 Bn | 1.31 Bn |
| 4 | Cdw | 16.70 Bn | 14.69 Bn | 1.32 Bn | 554.90 Mn |
| 5 | Cgi | 15.63 Bn | 13.41 Bn | - | - |
| 6 | Arrow Electronics | 12.33 Bn | 11.35 Bn | 1.13 Bn | 2.36 Bn |
| 7 | Avnet | 8.78 Bn | 7.96 Bn | 865.03 Mn | 1.43 Bn |
| 8 | Ingram Micro Holding | 6.70 Bn | 2.31 Bn | 958.68 Mn | 291.11 Mn |
| 9 | EPAM Systems | 5.58 Bn | 1.22 Bn | 429.57 Mn | 331,000.00 |
| 10 | Forward Industries | 602.59 Mn | 602.59 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 692,921.00 |
| Sep 30, 2025 | 818,283.00 |
| Jun 30, 2025 | 71,405.00 |
| Mar 31, 2025 | -12,692.00 |
| Dec 31, 2024 | 46,517.00 |
| Sep 30, 2024 | -18,850.00 |
| Jun 30, 2024 | 26,063.00 |
| Mar 31, 2024 | -1.05 Mn |
| Dec 31, 2023 | 648,230.00 |
| Sep 30, 2023 | -165,724.00 |
| Jun 30, 2023 | -987,783.00 |
| Mar 31, 2023 | -666,102.00 |
| Dec 31, 2022 | 2.07 Mn |
| Sep 30, 2022 | -1.21 Mn |
| Jun 30, 2022 | 1.49 Mn |
| Mar 31, 2022 | 434,679.00 |
| Dec 31, 2021 | 1.14 Mn |
| Sep 30, 2021 | 1.45 Mn |
| Jun 30, 2021 | 459,590.00 |
| Mar 31, 2021 | 550,240.00 |
API Access
Forward Industries Change in Account 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=change-in-account-payables&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-account-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=change-in-account-payables&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();