Forward Industries (FWDI) Other Working Capital Changes (2011 - 2025)
Forward Industries (FWDI) posted Other Working Capital Changes of $1.8 million for fiscal Q1 2026 (quarter ended Dec 31, 2025), compared with -$120,832 a year earlier.
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Analysis
Forward Industries (FWDI) Other Working Capital Changes (2011 - 2025) Analysis & Trends
For the trailing twelve months through Dec 31, 2025, Other Working Capital Changes at Forward Industries was $1.81 million; for FY2025 (ended Sep 30, 2025), it was -$106,914.
- In prior fiscal years, Forward Industries' Other Working Capital Changes was $102,032 in FY2024, -$141,471 in FY2023, $251,183 in FY2022 and -$297,383 in FY2021.
- The fiscal Q1 2026 figure stands as the highest quarterly Other Working Capital Changes in data going back to fiscal Q4 2011.
- According to Business Quant data, Other Working Capital Changes for the three prior fiscal quarters was -$17,451 (Q4 2025), -$21,692 (Q3 2025) and $53,061 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 43.52 Bn | 43.57 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 25.96 Bn | 19.13 Bn | 1.83 Bn |
| 3 | Td Synnex | 20.53 Bn | 14.56 Bn | 1.34 Bn |
| 4 | Cdw | 16.06 Bn | 14.05 Bn | 1.32 Bn |
| 5 | Cgi | 15.14 Bn | 12.92 Bn | - |
| 6 | Arrow Electronics | 11.55 Bn | 10.58 Bn | 1.13 Bn |
| 7 | Avnet | 8.20 Bn | 7.38 Bn | 865.03 Mn |
| 8 | Ingram Micro Holding | 6.32 Bn | 1.92 Bn | 958.68 Mn |
| 9 | EPAM Systems | 5.59 Bn | 1.23 Bn | 429.57 Mn |
| 10 | Forward Industries | 576.01 Mn | 576.01 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.80 Mn |
| Sep 30, 2025 | -17,451.00 |
| Jun 30, 2025 | -21,692.00 |
| Mar 31, 2025 | 53,061.00 |
| Dec 31, 2024 | -120,832.00 |
| Sep 30, 2024 | 194,444.00 |
| Jun 30, 2024 | -23,832.00 |
| Mar 31, 2024 | -21,578.00 |
| Dec 31, 2023 | -47,002.00 |
| Sep 30, 2023 | -413,821.00 |
| Jun 30, 2023 | 544,833.00 |
| Mar 31, 2023 | -168,193.00 |
| Dec 31, 2022 | -104,290.00 |
| Sep 30, 2022 | -184,517.00 |
| Jun 30, 2022 | 2,823.00 |
| Mar 31, 2022 | -132,306.00 |
| Dec 31, 2021 | 565,183.00 |
| Sep 30, 2021 | -378,804.00 |
| Jun 30, 2021 | 429,053.00 |
| Mar 31, 2021 | -32,323.00 |
API Access
Forward Industries Other Working Capital Changes 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=other-working-capital-changes&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();