Forward Air Corporation Accounts Payables 2011-2026 | FWRD

Accounts payable — are the obligations of an organization to other legal entities or individuals that arise in cases when the company has acquired goods or services on deferred payment terms, has not paid taxes and fees, has wage arrears to employees, or has received loans and other liabilities. Accounts payable arise when an organization has already received some benefit but has not yet paid for it.

Main types of accounts payable

Type of liability	Example
To suppliers and contractors	Goods received but not yet paid for
Taxes and fees	VAT, income tax, etc., not paid on time
Salaries	Employee wages not paid
To budgets	Insurance contributions to funds not paid
To founders	Founders provided borrowed funds
To banks	Overdue loan payments
Other	Fines, penalties, forfeits, customer prepayments, etc.

Impact on the company's financial performance

Liquidity and solvency
Accounts payable are part of short-term liabilities, so they affect liquidity ratios
Financial stability
The higher the share of borrowed funds (including accounts payable), the lower the company's level of independence
Capital turnover
Moderate accounts payable can positively affect working capital by allowing the company to use “free” financing from suppliers (payment deferrals)
Risks and reputation
Large and especially overdue accounts payable may indicate financial difficulties. This can deter investors, partners, and lenders, and at a critical level of debt and lack of resources to repay it, bankruptcy proceedings may be initiated

Annual Accounts Payables Forward Air Corporation

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
122 M	106 M	45.4 M	50.1 M	44.8 M	38.4 M	30 M	34.6 M	24.7 M	18 M	23.3 M	20.6 M	16.3 M	11.2 M	12.4 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
122 M	11.2 M	39.8 M

Quarterly Accounts Payables Forward Air Corporation

2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
125 M	115 M	112 M	106 M	157 M	143 M	131 M	45.4 M	45.7 M	-	43 M	54.6 M	50.7 M	42.1 M	54.4 M	44.8 M	42.9 M	43.7 M	40.7 M	38.4 M	38.4 M	38.4 M	38.4 M	25.4 M	25.4 M	25.4 M	30 M	34.6 M	34.6 M	34.6 M	34.6 M	30.7 M	30.7 M	30.7 M	30.7 M	18 M	18 M	18 M	18 M	23.3 M	23.3 M	23.3 M	23.3 M	20.6 M	20.6 M	20.6 M	20.6 M	16.3 M	16.3 M	16.3 M	16.3 M	11.2 M	11.2 M	11.2 M	11.2 M	12.4 M	12.4 M	12.4 M	12.4 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
157 M	11.2 M	40.1 M

Accounts Payables of other stocks in the Transport logistics industry

Issuer	Accounts Payables	Price	% 24h	Market Cap	Country
Heartland Express HTLD	31.7 M	$ 10.31	1.18 %	$ 812 M	USA
Air Transport Services Group ATSG	237 M	-	0.04 %	$ 1.46 B	USA
Knight-Swift Transportation Holdings KNX	201 M	$ 56.05	1.84 %	$ 9.09 B	USA
Daseke DSKE	13.6 M	-	-0.12 %	$ 380 M	USA
Radiant Logistics RLGT	74.4 M	$ 7.13	-0.14 %	$ 335 M	USA
Golden Ocean Group Limited GOGL	3.23 M	-	-	$ 1.6 B	Bermuda
SFL Corporation Ltd. SFL	1.25 M	$ 10.66	-1.34 %	$ 1.38 B	Bermuda
Marten Transport, Ltd. MRTN	25.8 M	$ 12.92	0.47 %	$ 1.05 B	USA
Old Dominion Freight Line ODFL	62.7 M	$ 185.63	0.32 %	$ 39.1 B	USA
Schneider National SNDR	209 M	$ 25.58	1.19 %	$ 4.48 B	USA
Golar LNG Limited GLNG	199 M	$ 53.34	-2.15 %	$ 5.56 B	Bermuda
Landstar System LSTR	384 M	$ 155.74	-0.53 %	$ 5.53 B	USA
Saia SAIA	107 M	$ 336.14	1.78 %	$ 8.99 B	USA
Global Ship Lease GSL	10.6 M	$ 39.25	-0.51 %	$ 1.41 B	Britain
P.A.M. Transportation Services PTSI	62.7 M	-	1.0 %	$ 425 M	USA
Universal Logistics Holdings ULH	61.1 M	$ 20.32	3.7 %	$ 535 M	USA
United Parcel Service UPS	6.63 B	$ 99.01	0.56 %	$ 84.1 B	USA
MingZhu Logistics Holdings Limited YGMZ	1.34 M	-	-	$ 381 K	China
C.H. Robinson Worldwide CHRW	1.21 B	$ 170.14	0.56 %	$ 20.5 B	USA
Expeditors International of Washington EXPD	1.12 B	$ 143.08	0.75 %	$ 19.4 B	USA
FedEx Corporation FDX	3.69 B	$ 361.08	0.34 %	$ 87 B	USA
Hub Group HUBG	280 M	$ 36.31	0.67 %	$ 2.2 M	USA
J.B. Hunt Transport Services JBHT	656 M	$ 206.86	0.84 %	$ 20.1 B	USA
Werner Enterprises WERN	95.1 M	$ 29.37	1.73 %	$ 1.78 B	USA
Patriot Transportation Holding PATI	2.61 M	-	-	$ 57.2 M	USA
ZTO Express (Cayman) ZTO	1.64 B	$ 24.56	-2.73 %	$ 19.8 B	China
ArcBest Corporation ARCB	154 M	$ 94.8	0.21 %	$ 2.16 B	USA
Covenant Logistics Group CVLG	31.9 M	$ 26.61	0.04 %	$ 700 M	USA
Steel Connect STCN	25.2 M	-	-2.33 %	$ 75.7 M	USA
Yellow Corporation YELL	189 M	-	-29.03 %	$ 56.5 M	USA
XPO Logistics XPO	455 M	$ 190.04	2.04 %	$ 22.4 B	USA
USA Truck USAK	36.4 M	-	0.03 %	$ 286 M	USA
U.S. Xpress Enterprises USX	111 M	-	-	$ 332 M	USA
Air T AIRT	17.8 M	$ 22.37	1.04 %	$ 61.5 M	USA