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
DateValue
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