FWRD has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Forward Air Corp's account receivable for the three months ended in Mar. 2014 was $93.7 Mil. Forward Air Corp's revenue for the three months ended in Mar. 2014 was $171.6 Mil. Hence, Forward Air Corp's days sales outstanding for the three months ended in Mar. 2014 was 49.67.
Forward Air Corp's days sales outstanding declined from Mar. 2013 (50.20) to Mar. 2014 (49.67).
Days sales outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.
Account receivable can be measured by Days Sales Outstanding.
Forward Air Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as
Forward Air Corp's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Forward Air Corp Annual Data
Forward Air Corp Quarterly Data