Azz (AZZ) Change in Account Payables (2010 - 2023)
Azz's (AZZ) quarterly Change in Account Payables came in at -$2.7 million in Q2 2023, down 107.03% year-on-year from $37.9 million in Q2 2022, and down 345.17% on a QoQ basis from $1.1 million in Q1 2023.
Azz (AZZ) Change in Account Payables (2010 - 2023) Analysis & Trends
Azz (AZZ) has 14 years of Change in Account Payables data on file, last reported at -$2.7 million in Q2 2023.
- On a quarterly basis, Change in Account Payables fell 107.03% year-over-year to -$2.7 million in Q2 2023; TTM through May 2023 was -$54.6 million, a 246.37% decrease from a year earlier, with the FY2023 full-year figure at -$14.0 million, down 345.41% from the prior year.
- Change in Account Payables for Q2 2023 stood at -$2.7 million, down from $1.1 million in the prior quarter.
- Over the last five years, Change in Account Payables for AZZ reached as high as $68.1 million in Q3 2019 and fell as low as -$55.1 million in Q2 2019.
- Historically, Change in Account Payables has averaged $1.4 million across 5 years, with a median of $1.3 million in 2021.
- Across the five-year window, Change in Account Payables surged 916.45% in 2019 and tumbled 3226.6% in 2022, its largest moves.
- Year by year, Change in Account Payables stood at $5.4 million in 2019, then soared by 65.61% to $8.9 million in 2020, then sank by 82.77% to $1.5 million in 2021, then tumbled by 3226.6% to -$48.0 million in 2022, then jumped by 94.44% to -$2.7 million in 2023.
- Per Business Quant data, the three most recent Change in Account Payables figures were -$2.7 million in Q2 2023, $1.1 million in Q1 2023, and -$48.0 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | -23.57 Mn |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | - |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | - |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | - |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | - |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | -2.00 Mn |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | -24.88 Mn |
| 10 | Azz | 4.59 Bn | 4.59 Bn | 112.17 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2023 | -2.67 Mn |
| May 31, 2023 | -2.67 Mn |
| Feb 28, 2023 | 1.09 Mn |
| Feb 28, 2023 | 1.09 Mn |
| Nov 30, 2022 | -47.96 Mn |
| Nov 30, 2022 | -47.96 Mn |
| Aug 31, 2022 | -5.08 Mn |
| Aug 31, 2022 | -5.08 Mn |
| May 31, 2022 | 37.92 Mn |
| May 31, 2022 | 37.92 Mn |
| Feb 28, 2022 | 3.35 Mn |
| Feb 28, 2022 | 3.35 Mn |
| Nov 30, 2021 | 1.53 Mn |
| Nov 30, 2021 | 1.53 Mn |
| Aug 31, 2021 | -5.49 Mn |
| Aug 31, 2021 | -5.49 Mn |
| May 31, 2021 | 6.32 Mn |
| May 31, 2021 | 6.32 Mn |
| Feb 28, 2021 | 25.84 Mn |
| Feb 28, 2021 | 25.84 Mn |