Forward Air Corporation (FWRD)

Receivables turnover

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Revenue (ttm)	US$ in thousands	2,565,295	2,474,262	2,179,844	1,937,272	1,695,788	1,581,041	1,723,813	1,820,471	1,933,508	1,973,403	1,952,132	1,861,734	1,767,186	1,662,427	1,552,839	1,465,211	1,326,218	1,306,525	1,337,688	1,367,354
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

March 31, 2025 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,565,295K ÷ $—K
= —

The receivables turnover ratio for Forward Air Corporation is not provided in the data provided. This ratio is a measure of how efficiently a company is managing its accounts receivable and collecting cash from its customers. It indicates how many times a company collects its average accounts receivable balance during a specific period.

Without the specific values for the receivables turnover ratio over time, a detailed analysis of this ratio for Forward Air Corporation cannot be conducted. It is important to note that a higher receivables turnover ratio generally signifies a more efficient collection process, while a lower ratio may indicate potential issues with collecting payments from customers in a timely manner.

To gain a better understanding of Forward Air Corporation's receivables turnover performance, it would be necessary to obtain the actual figures for accounts receivable and sales over multiple periods to calculate the receivables turnover ratio accurately.