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| 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 |