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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 Average Total Inventories for the quarter that ended in Jun. 2026 was $0 Mil. Forward Air's Revenue for the
three
months ended in Jun. 2026 was $673 Mil.
Forward Air's Inventory-to-Revenue for the quarter that ended in Jun. 2026 was 0.00.
Forward Air's Inventory-to-Revenue for the quarter that ended in Jun. 2026
stayed the same
from Mar. 2026 (0.00) to Mar. 2026 (0.00)
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
three
months ended in Jun. 2026 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Forward Air (NAS:FWRD) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
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
three
months ended in Jun. 2026 is calculated as:
* 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.
Forward Air Inventory-to-Revenue Related Terms
Forward Air Inventory-to-Revenue Historical Data
* Premium members only.
The historical data trend for Forward Air's Inventory-to-Revenue 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.
FWRD vs SERV, RLGT, CYRX: Inventory-to-Revenue Comparison
For the Integrated Freight & Logistics subindustry, Forward Air's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Forward Air Inventory-to-Revenue vs Transportation Industry
For the Transportation industry and Industrials sector, Forward Air's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Forward Air's Inventory-to-Revenue falls into.
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 fiscal year that ended in Dec. 2025 is calculated as
* 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.
Forward Air (FWRD) has a Inventory-to-Revenue of 0.00 as of Jun. 2026. Inventory-to-Sales ratio is the total inventories divided by total sales. View historical data on Forward Air and its competitors.
Is Forward Air's Inventory-to-Revenue too high?
Forward Air's current Inventory-to-Revenue is 0.00. Overall, Forward Air has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Forward Air's Inventory-to-Revenue compare to SERV and RLGT?
Forward Air's Inventory-to-Revenue of 0.00 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory-to-Revenue for a Transportation company?
A good Inventory-to-Revenue depends on the Transportation industry context. However, Inventory-to-Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory-to-Revenue mean?
A high Inventory-to-Revenue can signal that a stock is expensive relative to its fundamentals. Inventory-to-Sales ratio is the total inventories divided by total sales. View historical data on Forward Air and its competitors. Forward Air's current Inventory-to-Revenue is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Air stock overvalued right now?
Based on GuruFocus' analysis, Forward Air (FWRD) is currently considered Possible Value Trap. The stock's GF Value™ is $27.49, compared to a current price of $17.27 — trading 37.2% below its estimated fair value. The current Inventory-to-Revenue is 0.00. Forward Air's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory-to-Revenue calculated?
Inventory-to-Revenue is calculated from a company's financial statements. For Forward Air (FWRD), the current Inventory-to-Revenue is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Forward Air (FWRD) Overvalued in 2026?
Based on GuruFocus' analysis, Forward Air stock appears to be undervalued.
The current stock price of $17.27 is trading 37.2% below its estimated GF Value™ of $27.49.
GuruFocus considers Forward Air to be Possible Value Trap.
Key valuation signals for FWRD:
Inventory-to-Revenue: 0.00
GF Value™: $27.49 vs. price of $17.27 (37.2% below fair value)
No single metric tells the full story. See the FWRD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight, Omni Logistics, and Intermodal and Corporate. The company generates maximum revenue from the Omni Logistics segment. The 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. The Company conducts business in North and South America, Europe, and Asia.
60GF Score
Get the complete analysis for FWRD
Inventory-to-Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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