Azz (AZZ) Change in Account Payables (2010 - 2023)

Azz (AZZ) reported Change in Account Payables of -$2.7 million for Q2 2023, down 107.03% year-over-year from $37.9 million in Q2 2022, and down 345.17% quarter-over-quarter 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.

  • Change in Account Payables for Q2 2023 came in at -$2.7 million, down 107.03% year-over-year; the trailing twelve-month figure through May 2023 was -$54.6 million (down 246.37% YoY), and the FY2023 annual result was -$14.0 million, down 345.41% from the prior year.
  • Change in Account Payables fell to -$2.7 million in Q2 2023 per AZZ's latest filing, from $1.1 million in the prior quarter.
  • Over five years, Change in Account Payables peaked at $37.9 million in Q2 2022 and troughed at -$48.0 million in Q4 2022.
  • A 5-year average of $1.4 million and a median of $2.4 million in 2021 frame the typical range for Change in Account Payables.
  • The sharpest annual moves came in 2019 and 2022: Change in Account Payables jumped 916.45% in 2019, then sank 3226.6% in 2022.
  • A 5-year view of Change in Account Payables shows it stood at $5.4 million in 2019, then soared by 65.61% to $8.9 million in 2020, then plunged by 82.77% to $1.5 million in 2021, then slumped by 3226.6% to -$48.0 million in 2022, then jumped by 94.44% to -$2.7 million in 2023.
  • Business Quant data shows AZZ's Change in Account Payables at -$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 70.95 Bn 70.77 Bn 1.45 Bn -23.57 Mn
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn -
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn -
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn -2.00 Mn
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn -
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn -24.88 Mn
7 Relx 11.84 Bn 11.60 Bn - -
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn -
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn -
10 Azz 4.53 Bn 4.53 Bn 87.59 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