Forward Air (Forward Air) Change In Inventory

: $0 Mil (TTM As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

Forward Air's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Forward Air's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Forward Air's change in inventory for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Forward Air's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Forward Air's Total Inventories for the quarter that ended in Dec. 2023 was $0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Forward Air's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Forward Air's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Forward Air Change In Inventory Historical Data

The historical data trend for Forward Air's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Forward Air Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Forward Air Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory																-	-	-	-	-

Forward Air Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Forward Air (NAS:FWRD) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Forward Air's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	91.869	*	365 / 4
	=	0.00

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Forward Air's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	91.869	/	0
	=	N/A

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Forward Air's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	128.04
	=	0.00

Forward Air Change In Inventory Related Terms

Thank you for viewing the detailed overview of Forward Air's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Forward Air (Forward Air) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Forward Air Corp (NAS:FWRD) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1915 Snapps Ferry Road, Building N, Greeneville, TN, USA, 37745

Website

https://www.forwardaircorp.com

Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight and Intermodal. It generates maximum revenue from the Expedited Freight segment. Expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional and national LTL (less-than-truckload) services. It also offers customers local pick-up and delivery and other services including final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling.

Executives

Chris C Ruble	officer: Sr. Vice President, Operations	PO BOX 1058, GREENVILLIE TN 37744
Kyle R Mitchin	officer: Senior VP, Human Resources	1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Nancee L Ronning	officer: Chief Commercial Officer	1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Javier Polit	director	1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Mayes George S Jr	director	5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Craig Carlock	director	C/O THE FRESH MARKET, INC., 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
George M Lynch	director	2566 KENT RIDGE COURT, BLOOMFIELD HILLS MI 48025
C Robert Campbell	director	800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Michael L Hance	officer: Senior VP, CLO and Secretary	430 AIRPORT ROAD, GREENEVILLE TN 37745
Chitra Nayak	director	1400 16TH STREET, SAN FRANCISCO CA 94103
Thomas Schmitt	officer: President & CEO	1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745
Ronald W Allen	director	P O BOX 1734, ATLANTA GA 30301
Laurie Anne Tucker	director	65 MARYS CREEK COVE NORTH, EADS TN 38028
Scott M Niswonger	director, 10 percent owner, officer: CEO & Chairman	165 MADISON AVENUE, MEMPHIS TN 38103
Rebecca J Garbrick	officer: CAO, VP and Controller	1915 SNAPPS FERRY ROAD, BUILDING N, GREENEVILLE TN 37745