Balance Sheet Data
Forward Air Corporation (FWRD)
$65.76
+0.18 (+0.27%)
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Total Cash | 25.66 | 64.75 | 40.25 | 37.32 | 45.82 | 62.86 | 70.16 | 78.31 | 87.40 | 97.55 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 156.36 | 150.20 | 156.49 | 216.18 | 221.03 | 259.97 | 290.16 | 323.85 | 361.45 | 403.41 |
| Account Receivables (%) | ||||||||||
| Inventories | 2.24 | 2.13 | 21 | 10.94 | 12.99 | 14.50 | 16.18 | 18.06 | 20.16 | 22.50 |
| Inventories (%) | ||||||||||
| Accounts Payable | 34.63 | 29.99 | 38.37 | 44.84 | 54.60 | 58.30 | 65.06 | 72.62 | 81.05 | 90.46 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -42.29 | -30.67 | -20.27 | -39.11 | -40.73 | -50.17 | -55.99 | -62.50 | -69.75 | -77.85 |
| Capital Expenditure (%) |
To support growth, companies need to keep investing in capital items – including property, plants and equipment.
To calculate this net investment,we take capital expenditure (found in the company’s statement of cash flows)
and subtract non-cash depreciation (found on the income statement).
Working capital refers to the cash a company needs for day-to-day operations.
The faster a company expands, the more cash it will need.
To calculate working capital, we take current assets and subtract current liabilities.
You can find both of these on a company’s balance sheet, which is published in its quarterly and annual financial statements.