Forward Industries Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the second quarter 2026 to a ratio of 4.9, above the company average. This is a clear sign of healthy business climate in the Chemicals - Plastics & Rubber industry and improving liquidity at their respective customers, during the second quarter 2026. Average receivable collection period, for the Forward Industries Inc in Mar 31 2026 quarter, has decreased to 74 days, compared to 94 days, in the Dec 31 2025 quarter.

If we take a look into Basic Materials sector 212 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Mar 31 2026 from 0 to 3290.

What is Receivable Turnover Ratio?
What is Forward Industries Inc Selling?

What is Receivable Turnover Ratio?

Select the Comparisons :

None ▼

Select the Ratio:

Accounts Receivables Turnover▼

None ▼

Accounts Receivables Turnover▼

Download as CSV

Commercial Data Licensing & OEM

Annual commercial subscriptions for corporate use, internal BI systems, management reporting, AI integration, and client-facing platforms

API & Data Feeds

Programmatic access to normalized fundamentals & ratios.

FWDI Receivables Turnover Ratio	(Mar 31 2026) II. Quarter	(Dec 31 2025) I. Quarter	(Sep 30 2025) IV. Quarter	(Jun 30 2025) III. Quarter	(Mar 31 2025) II. Quarter
Y / Y Receivable Change	35.92 %	544.65 %	-70.85 %	-81.6 %	-72.6 %
Y / Y Revenue Change	315.03 %	224.01 %	8.45 %	-68.37 %	-60.12 %
Receivable Turnover Ratio (TTM)	4.9	3.89	8.53	5.82	5.33
FWDI's Total Ranking	# 3290	# 0	# 0	#	#
Accounts Receivable average collection period days	74	94	43	63	69
Seq. Receivable Change	-92.3 %	1816.89 %	37.01 %	-32.83 %	-63.46 %
Seq. Revenue Change	-39.53 %	169.78 %	218.48 %	-20.11 %	-52.79 %

Receivable Turnover Company Ranking
Within:	No.
Chemicals - Plastics & Rubber Industry	# 18
Basic Materials Sector	# 213
Overall Market	# 3290

Receivable Turnover Ratio Statistics
High	Average	Low
2.34	1.91	0.05
(Sep 30 2015)		(Sep 30 2025)

FWDI Company Profile • Back to FWDI Efficiency Comparisons • Compare FWDI Receivables Turnover Ratio to its Competitors

Financial Statements
Forward Industries Inc 's Accounts Receivable	$ 2 Millions	Visit FWDI's Balance sheet
Forward Industries Inc 's Sales TTM	$ 45 Millions	Visit FWDI's Income Statement
Sources of FWDI's Revenues		Visit FWDI's Sales by Geography

Other Accounts Receivable Turnover Ratios
Chemicals - Plastics & Rubber Industry Accounts Receivable Turnover Trends and Statistics
Basic Materials Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
FWDI's Receivable Turnover Ratio versus Chemicals - Plastics & Rubber Industry, Basic Materials Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

You may also want to know
FWDI's Growth Rates	FWDI's Roa	FWDI's Inventory Turnover Ratio	FWDI's Dividend Comparisons
FWDI's Profitability Ratios	FWDI's Roi	FWDI's Asset Turnover Ratio	FWDI's Dividend Growth
FWDI's Valuation Ratios	FWDI's Roe	FWDI's Financial Strength Ratios	FWDI's Dividend Payout Ratio

Companies with similar Receivables Turnover Ratio for the quarter ending Mar 31 2026, within Basic Materials Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Mar 31 2026	Receivable at quarter ending Mar 31 2026
Mcewen Inc	40.75	$ 235.906 Millions	$ 5.790 Millions
Coeur Mining Inc	35.93	$ 2,566.256 Millions	$ 71.428 Millions
Greenwave Technology Solutions Inc	33.10	$ 55.603 Millions	$ 1.680 Millions
I 80 Gold Corp	28.32	$ 133.535 Millions	$ 4.716 Millions
Green Plains Inc	23.93	$ 1,935.969 Millions	$ 80.911 Millions
Energy Fuels Inc	22.56	$ 84.862 Millions	$ 3.762 Millions
Ssr Mining Inc	21.18	$ 1,894.797 Millions	$ 89.444 Millions
Rex American Resources Corporation	20.56	$ 648.646 Millions	$ 31.547 Millions
Valvoline Inc	19.68	$ 1,876.900 Millions	$ 95.375 Millions
Newmont Corporation	19.57	$ 24,966.000 Millions	$ 1,276.000 Millions
Gevo inc	18.91	$ 174.419 Millions	$ 9.224 Millions
Freeport mcmoran Inc	17.85	$ 26,421.000 Millions	$ 1,480.500 Millions
Encore Energy Corp	17.32	$ 43.217 Millions	$ 2.496 Millions
Louisiana pacific Corporation	16.35	$ 2,559.000 Millions	$ 156.500 Millions
Suncoke Energy Inc	16.00	$ 1,856.400 Millions	$ 116.000 Millions
Century Aluminum Company	15.95	$ 2,543.200 Millions	$ 159.400 Millions
Alto Ingredients Inc	15.17	$ 901.621 Millions	$ 59.421 Millions
Boise Cascade Company	14.36	$ 6,366.280 Millions	$ 443.424 Millions
Idaho Strategic Resources Inc	13.09	$ 49.610 Millions	$ 3.789 Millions
Luxfer Holdings Plc	13.08	$ 373.500 Millions	$ 28.550 Millions
Karat Packaging Inc	12.58	$ 481.066 Millions	$ 38.231 Millions
Lsb Industries Inc	12.35	$ 641.263 Millions	$ 51.911 Millions
Techprecision Corp	11.47	$ 31.644 Millions	$ 2.760 Millions
Gold Resource Corp	11.30	$ 131.348 Millions	$ 11.619 Millions
Flotek Industries Inc	11.22	$ 251.951 Millions	$ 22.456 Millions
Bluelinx Holdings Inc	11.21	$ 2,975.930 Millions	$ 265.571 Millions
Centrus Energy Corp	11.00	$ 452.300 Millions	$ 41.125 Millions
Cleveland cliffs Inc	10.95	$ 18,903.000 Millions	$ 1,726.000 Millions
Xpel Inc	10.95	$ 489.749 Millions	$ 44.737 Millions
James Hardie Industries Plc	10.93	$ 4,835.800 Millions	$ 442.250 Millions

Date modified: 2026-06-22T16:30:43+00:00

Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.