Company / Inventory
Forward Industries, Inc. Inventory History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Inventory
$490.0K
FY2024
5-year range
$334.4K / $2.1M
FY2020-FY2024
Trend
+46.5%
vs FY2023
Sector context
#10 of 9
Financials
What the data says
At $489,996, Forward Industries, Inc.'s inventory ranks #10 of 9 in the Financials sector. Inventory returned to growth in FY2024 after 2 years of decline, reaching $489,996.
Based on SEC 10-K filings.
$489,996 in FY2024 with a 5-year CAGR of -21.2%.
Declined from $650,853 to $489,996 over the past 2 years.
Financials sector context is included.
Inventory over time
Growth rates
- 3-Year CAGR
- -38.1%
- 5-Year CAGR
- -21.2%
- 10-Year CAGR
- -
Sector benchmark
#10 of 9 in Financials
Key checks
Key Insights
- 5-year CAGR of -21.2%, indicating a declining trend.
- In FY2024, inventory increased 46.5% year-over-year.
- Ranks #10 out of 9 companies in the Financials sector.
- Peak inventory was recorded in FY2016.
Company context
Key Data Points
- Altman Z-Score 128.18 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | InventoryValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $490.0K | +46.5% |
| FY2023 | $334.4K | -48.6% |
| FY2022 | $650.9K | -68.4% |
| FY2021 | $2.1M | +61.7% |
| FY2020 | $1.3M | -20.7% |
| FY2019 | $1.6M | +2.5% |
| FY2018 | $1.6M | -26.0% |
| FY2017 | $2.1M | -17.6% |
| FY2016 | $2.6M | -10.2% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026