Azz (AZZ) Change in Accured Expenses (2010 - 2023)

Azz's (AZZ) quarterly Change in Accured Expenses came in at -$6.3 million in Q2 2023, down 1292.66% year-on-year from $531000.0 in Q2 2022, and up 68.25% on a QoQ basis from -$19.9 million in Q1 2023.

Azz (AZZ) Change in Accured Expenses (2010 - 2023) Analysis & Trends

Azz (AZZ) has 14 years of Change in Accured Expenses data on file, last reported at -$6.3 million in Q2 2023.

  • On a quarterly basis, Change in Accured Expenses fell 1292.66% year-over-year to -$6.3 million in Q2 2023; TTM through May 2023 was -$9.4 million, a 146.2% decrease from a year earlier, with the FY2023 full-year figure at -$2.6 million, down 58.98% from the prior year.
  • Change in Accured Expenses for Q2 2023 stood at -$6.3 million, up from -$19.9 million in the prior quarter.
  • Over the last five years, Change in Accured Expenses for AZZ reached as high as $22.4 million in Q3 2022 and fell as low as -$19.9 million in Q1 2023.
  • Historically, Change in Accured Expenses has averaged $611888.9 across 5 years, with a median of $38500.0 in 2019.
  • Across the five-year window, Change in Accured Expenses plunged 4219.38% in 2020 and surged 1453.5% in 2022, its largest moves.
  • Year by year, Change in Accured Expenses stood at $21.3 million in 2019, then slumped by 57.91% to $8.9 million in 2020, then sank by 116.4% to -$1.5 million in 2021, then sank by 279.07% to -$5.6 million in 2022, then decreased by 13.88% to -$6.3 million in 2023.
  • Per Business Quant data, the three most recent Change in Accured Expenses figures were -$6.3 million in Q2 2023, -$19.9 million in Q1 2023, and -$5.6 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn 8.39 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 33.19 Mn
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn -746.23 Mn
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn -
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn -93.00 Mn
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn 183.95 Mn
10 Azz 4.59 Bn 4.59 Bn 112.17 Mn -

Historic Data

Download Data
DateValue
May 31, 2023 -6.33 Mn
May 31, 2023 -6.33 Mn
Feb 28, 2023 -19.95 Mn
Feb 28, 2023 -19.95 Mn
Nov 30, 2022 -5.56 Mn
Nov 30, 2022 -5.56 Mn
Aug 31, 2022 22.42 Mn
Aug 31, 2022 22.42 Mn
May 31, 2022 531,000.00
May 31, 2022 531,000.00
Feb 28, 2022 -4.33 Mn
Feb 28, 2022 -4.33 Mn
Nov 30, 2021 -1.47 Mn
Nov 30, 2021 -1.47 Mn
Aug 31, 2021 1.44 Mn
Aug 31, 2021 1.44 Mn
May 31, 2021 2.75 Mn
May 31, 2021 2.75 Mn
Feb 28, 2021 -1.42 Mn
Feb 28, 2021 -1.42 Mn