Forward Industries (FWDI) Receivables (2010 - 2026)
Forward Industries (FWDI) recorded Receivables of $2.39 million in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 24.7% from $1.92 million a year earlier.
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Analysis
Forward Industries (FWDI) Receivables (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Sep 30, 2025), Forward Industries reported Receivables of $2.7 million, down 52.9% from FY2024.
- Annual Receivables has declined for four straight fiscal years, with a five-year compound annual growth rate of -18.7% (FY2020 to FY2025).
- Across earlier fiscal years, Receivables came in at $5.73 million in FY2024 (-17.7%), $6.97 million in FY2023 (-11.3%), $7.86 million in FY2022 (-11.3%) and $8.86 million in FY2021 (+16.6%).
- Quarterly Receivables has ranged from $1.92 million in fiscal Q3 2025 to $32.41 million in fiscal Q1 2026 over the past five years.
- On a year-over-year basis, Receivables rose in two of the last seven quarters, with growth averaging 51.9%.
- Peak year-over-year performance for Receivables in the last five years was growth of 566.6% in fiscal Q1 2026, against a decline of 70.4% in fiscal Q3 2025 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - | 3.72 Bn |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn | 4.85 Bn |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn | 11.19 Bn |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn | 14.95 Bn |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn | 28.01 Bn |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn | 1.21 Bn |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn | 6.88 Bn |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn | 645.78 Mn |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn | 996.00 Mn |
| 10 | Forward Industries | 461.21 Mn | 461.21 Mn | - | 2.39 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.39 Mn |
| Dec 31, 2025 | 32.41 Mn |
| Sep 30, 2025 | 2.70 Mn |
| Jun 30, 2025 | 1.92 Mn |
| Mar 31, 2025 | 2.64 Mn |
| Dec 31, 2024 | 4.86 Mn |
| Sep 30, 2024 | 3.58 Mn |
| Jun 30, 2024 | 6.49 Mn |
| Mar 31, 2024 | 6.48 Mn |
| Dec 31, 2023 | 6.53 Mn |
| Sep 30, 2023 | 6.95 Mn |
| Jun 30, 2023 | 7.66 Mn |
| Mar 31, 2023 | 8.18 Mn |
| Dec 31, 2022 | 8.52 Mn |
| Sep 30, 2022 | 7.86 Mn |
| Jun 30, 2022 | 8.74 Mn |
| Mar 31, 2022 | 8.69 Mn |
| Dec 31, 2021 | 8.79 Mn |
| Sep 30, 2021 | 8.86 Mn |
| Jun 30, 2021 | 7.68 Mn |
API Access
Forward Industries Receivables 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=receivables&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "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=receivables&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();