Forward Air Corporation Receivables Turnover Ratio (FWRD), from the second quarter 2026 to the second quarter 2025 current and historic results, rankings and more - CSIMarket
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Forward Air Corporation  (NASDAQ: FWRD)
 

Forward Air Accounts Receivables Turnover Ratio from the second quarter 2026 to the second quarter 2025

Quarterly Results, Trends, Rankings, Statistics


Forward Air Corporation's ability to collect accounts receivable sequentially worsen to 7.19, pointing to a challenging and on top of that deteriorating business climate for the Marine Transportation industry. Forward Air's Accounts Receivable average collection period in the Jun 30 2026 quarter, has increased to 51 days, from 50 days, in the Mar 31 2026 quarter.

If we take a look into Transportation sector 41 other companies have achieved higher receivables turnover ratio. While receivables turnover ratio total ranking has improved thus far to 1812, from overall ranking in the first quarter 2026 at 2138.

What is Receivable Turnover Ratio?
What is Forward Air Corporation Selling?


What is Receivable Turnover Ratio?





FWRD Receivables Turnover Ratio (Jun 30 2026)
II. Quarter
(Mar 31 2026)
I. Quarter
(Dec 31 2025)
IV. Quarter
(Sep 30 2025)
III. Quarter
(Jun 30 2025)
II. Quarter
Y / Y Receivable Change 11.87 % -0.78 % 8.44 % -5.87 % -9.36 %
Y / Y Revenue Change 8.76 % -5.09 % -0.26 % -3.69 % -3.86 %
Receivable Turnover Ratio (TTM) 7.19 7.24 7.32 7.48 7.43
FWRD's Total Ranking # 1812 # 2138 # 1812 # 1833 # 1887
Accounts Receivable average collection period days 51 50 50 49 49
Seq. Receivable Change 12.52 % -4.56 % 2.43 % 1.7 % -0.2 %
Seq. Revenue Change 15.63 % -7.79 % -0.08 % 2.09 % 0.91 %


Receivable Turnover Company Ranking
Within: No.
Marine Transportation Industry # 4
Transportation Sector # 42
Overall Market # 1812

Receivable Turnover Ratio Statistics
High Average Low
9.05 8.11 6.33
(Mar 31 2020)   (Sep 30 2024)






Financial Statements
Forward Air's Accounts Receivable $ 376 Millions Visit FWRD's Balance sheet
Forward Air's Sales TTM $ 2,518 Millions Visit FWRD's Income Statement
Sources of FWRD's Revenues Visit FWRD's Sales by Geography

Other Accounts Receivable Turnover Ratios
Marine Transportation Industry Accounts Receivable Turnover Trends and Statistics
Transportation Sector Accounts Receivable Turnover Statistics
Accounts Receivables Turnover Trends for overall market
FWRD's Receivable Turnover Ratio versus Marine Transportation Industry, Transportation Sector and total Market
Highest Ranking Accounts Receivables Turnover
Lowest Ranking Accounts Receivables Turnover

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



Companies with similar Receivables Turnover Ratio for the quarter ending Jun 30 2026, within Transportation Sector Receivable Turnover Ratio Revenues for 12 Months ending Jun 30 2026 Receivable at quarter ending Jun 30 2026
Delta Air Lines Inc   18.38 $ 68,287.000  Millions$ 3,714.750  Millions
Union Pacific Corp  12.91 $ 25,490.000  Millions$ 1,974.250  Millions
Pangaea Logistics Solutions Ltd   12.69 $ 703.977  Millions$ 55.462  Millions
Air T Inc   12.66 $ 371.681  Millions$ 29.369  Millions
Massimo Group  11.53 $ 64.148  Millions$ 5.562  Millions
Norfolk Southern Corp  11.43 $ 12,540.000  Millions$ 1,097.500  Millions
Heartland Express Inc  9.48 $ 736.284  Millions$ 77.644  Millions
United Parcel Service Inc   8.54 $ 89,930.000  Millions$ 10,533.500  Millions
Marten Transport Ltd   8.48 $ 857.647  Millions$ 101.142  Millions
Schneider National Inc   8.08 $ 5,819.200  Millions$ 720.325  Millions
Fedex Corporation  8.00 $ 94,720.000  Millions$ 11,840.750  Millions
Toppoint Holdings Inc   7.94 $ 17.515  Millions$ 2.205  Millions
Ftai Infrastructure Inc   7.62 $ 659.205  Millions$ 86.545  Millions
Covenant Logistics Group Inc   7.42 $ 1,232.297  Millions$ 166.153  Millions
Forward Air Corporation  7.19 $ 2,518.075  Millions$ 350.117  Millions
Pamt Corp  6.99 $ 598.112  Millions$ 85.575  Millions
Werner Enterprises Inc   6.90 $ 3,251.671  Millions$ 471.230  Millions
Bristow Group Inc   6.53 $ 1,564.013  Millions$ 239.626  Millions
C h Robinson Worldwide Inc   6.47 $ 16,996.512  Millions$ 2,625.214  Millions
Universal Logistics Holdings Inc   5.73 $ 1,529.111  Millions$ 266.909  Millions
Dorian Lpg Ltd   5.11 $ 585.184  Millions$ 114.621  Millions
Chargepoint Holdings Inc   4.94 $ 432.503  Millions$ 87.631  Millions
Blink Charging Co   3.77 $ 96.021  Millions$ 25.456  Millions
Seacor Marine Holdings Inc   2.90 $ 210.435  Millions$ 72.623  Millions

Date modified: 2026-09-09T22:25:33+00:00



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