Forward Days Of Payables Outstanding from 2010 to 2024

FWRD Stock  USD 36.69  0.70  1.94%   
Forward Air's Days Of Payables Outstanding is increasing over the years with very volatile fluctuation. Overall, Days Of Payables Outstanding is expected to go to 19.42 this year. During the period from 2010 to 2024 Forward Air Days Of Payables Outstanding annual values regression line had geometric mean of  12.69 and mean square error of  12.78. View All Fundamentals
 
Days Of Payables Outstanding  
First Reported
2010-12-31
Previous Quarter
15.93524976
Current Value
19.42
Quarterly Volatility
3.45778006
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forward Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forward Air's main balance sheet or income statement drivers, such as Depreciation And Amortization of 60.3 M, Interest Expense of 33.1 M or Total Revenue of 1.4 B, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.0123 or PTB Ratio of 2.03. Forward financial statements analysis is a perfect complement when working with Forward Air Valuation or Volatility modules.
  
Check out the analysis of Forward Air Correlation against competitors.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.

Latest Forward Air's Days Of Payables Outstanding Growth Pattern

Below is the plot of the Days Of Payables Outstanding of Forward Air over the last few years. It is Forward Air's Days Of Payables Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forward Air's overall financial position and show how it may be relating to other accounts over time.
Days Of Payables Outstanding10 Years Trend
Very volatile
   Days Of Payables Outstanding   
       Timeline  

Forward Days Of Payables Outstanding Regression Statistics

Arithmetic Mean13.10
Geometric Mean12.69
Coefficient Of Variation26.39
Mean Deviation2.58
Median12.62
Standard Deviation3.46
Sample Variance11.96
Range11.1573
R-Value0.09
Mean Square Error12.78
R-Squared0.01
Significance0.76
Slope0.07
Total Sum of Squares167.39

Forward Days Of Payables Outstanding History

2024 19.42
2023 15.94
2022 12.82
2021 12.62
2020 13.46
2019 8.26
2018 11.98

About Forward Air Financial Statements

Forward Air stakeholders use historical fundamental indicators, such as Forward Air's Days Of Payables Outstanding, to determine how well the company is positioned to perform in the future. Although Forward Air investors may analyze each financial statement separately, they are all interrelated. For example, changes in Forward Air's assets and liabilities are reflected in the revenues and expenses on Forward Air's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Forward Air. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Of Payables Outstanding 15.94  19.42 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Forward Air is a strong investment it is important to analyze Forward Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forward Air's future performance. For an informed investment choice regarding Forward Stock, refer to the following important reports:
Check out the analysis of Forward Air Correlation against competitors.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forward Air. If investors know Forward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forward Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.45
Earnings Share
(29.29)
Revenue Per Share
81.783
Quarterly Revenue Growth
0.924
Return On Assets
0.0296
The market value of Forward Air is measured differently than its book value, which is the value of Forward that is recorded on the company's balance sheet. Investors also form their own opinion of Forward Air's value that differs from its market value or its book value, called intrinsic value, which is Forward Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forward Air's market value can be influenced by many factors that don't directly affect Forward Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forward Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.