Forward Industries Inc 's ability to collect its outstanding accounts receivable from its corporate clients, has improved in the third quarter 2026 to a ratio of 27.95, 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 third quarter 2026. Average receivable collection period, for the Forward Industries Inc in Jun 30 2026 quarter, has decreased to 13 days, compared to 14 days, in the Mar 31 2026 quarter.

If we take a look into Basic Materials sector 218 other companies have achieved higher receivables turnover ratio. While total ranking has deteriorated relative to the period ending Jun 30 2026 from 3290 to 3374.

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

What is Receivable Turnover Ratio?

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FWDI Receivables Turnover Ratio	(Jun 30 2026) III. Quarter	(Mar 31 2026) II. Quarter	(Dec 31 2025) I. Quarter	(Sep 30 2025) IV. Quarter	(Jun 30 2025) III. Quarter
Y / Y Receivable Change	60.59 %	35.92 %	-34.61 %	-29.16 %	-81.6 %
Y / Y Revenue Change	332.09 %	315.03 %	363.52 %	8.45 %	-50.46 %
Receivable Turnover Ratio (TTM)	27.95	26.07	22.43	10.24	9.03
FWDI's Total Ranking	# 3374	# 3290	# 0	# 0	#
Accounts Receivable average collection period days	13	14	16	36	40
Seq. Receivable Change	-20.64 %	47.69 %	0 %	37.01 %	-32.83 %
Seq. Revenue Change	-16.83 %	-39.53 %	169.78 %	218.48 %	-20.11 %

Receivable Turnover Company Ranking
Within:	No.
Chemicals - Plastics & Rubber Industry	# 18
Basic Materials Sector	# 219
Overall Market	# 3374

Receivable Turnover Ratio Statistics
High	Average	Low
2.34	1.86	0.05
(Sep 30 2015)		(Dec 31 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	$ 53 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

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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 Jun 30 2026, within Basic Materials Sector	Receivable Turnover Ratio	Revenues for 12 Months ending Jun 30 2026	Receivable at quarter ending Jun 30 2026
Westlake Chemical Partners Lp	74.12	$ 1,234.722 Millions	$ 16.658 Millions
Ur energy inc	66.72	$ 35.076 Millions	$ 0.526 Millions
Coeur Mining Inc	42.48	$ 3,171.198 Millions	$ 74.658 Millions
Greenwave Technology Solutions Inc	39.17	$ 60.602 Millions	$ 1.547 Millions
Freeport mcmoran Inc	31.45	$ 25,868.000 Millions	$ 822.500 Millions
Rex American Resources Corporation	30.21	$ 658.576 Millions	$ 21.800 Millions
Forward Industries Inc	27.95	$ 53.121 Millions	$ 1.901 Millions
Newmont Corporation	26.18	$ 25,767.000 Millions	$ 984.250 Millions
I 80 Gold Corp	24.84	$ 130.047 Millions	$ 5.236 Millions
Inno Holdings Inc	23.68	$ 5.540 Millions	$ 0.234 Millions
Green Plains Inc	22.53	$ 1,829.364 Millions	$ 81.189 Millions
Century Aluminum Company	22.51	$ 2,667.200 Millions	$ 118.500 Millions
Encore Energy Corp	22.14	$ 55.249 Millions	$ 2.496 Millions
Boise Cascade Company	21.25	$ 6,457.936 Millions	$ 303.850 Millions
Valvoline Inc	20.49	$ 1,964.000 Millions	$ 95.875 Millions
Gevo inc	18.76	$ 177.507 Millions	$ 9.461 Millions
Flotek Industries Inc	17.33	$ 292.968 Millions	$ 16.901 Millions
Louisiana pacific Corporation	16.93	$ 2,468.000 Millions	$ 145.750 Millions
Alto Ingredients Inc	15.34	$ 920.779 Millions	$ 60.028 Millions
Lyondellbasell Industries N v	15.28	$ 31,192.000 Millions	$ 2,042.000 Millions
Energy Fuels Inc	14.03	$ 105.758 Millions	$ 7.536 Millions
Myers Industries Inc	13.73	$ 753.191 Millions	$ 54.860 Millions
Suncoke Energy Inc	13.24	$ 1,897.600 Millions	$ 143.350 Millions
United States Antimony Corporation	12.98	$ 36.442 Millions	$ 2.808 Millions
Luxfer Holdings Plc	12.71	$ 365.300 Millions	$ 28.750 Millions
Lsb Industries Inc	12.59	$ 658.059 Millions	$ 52.262 Millions
Techprecision Corp	12.29	$ 33.361 Millions	$ 2.714 Millions
Futurefuel Corp	12.09	$ 153.209 Millions	$ 12.674 Millions
Centrus Energy Corp	11.94	$ 473.900 Millions	$ 39.700 Millions
Karat Packaging Inc	11.91	$ 493.382 Millions	$ 41.437 Millions

Date modified: 2026-10-05T11:03:41+00:00

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