Azz (AZZ) Change in Accured Expenses (2010 - 2023)
Azz (AZZ) reported Change in Accured Expenses of -$6.3 million for Q2 2023, down 1292.66% year-over-year from $531000.0 in Q2 2022, and up 68.25% quarter-over-quarter 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.
- Change in Accured Expenses for Q2 2023 came in at -$6.3 million, down 1292.66% year-over-year; the trailing twelve-month figure through May 2023 was -$9.4 million (down 146.2% YoY), and the FY2023 annual result was -$2.6 million, down 58.98% from the prior year.
- Change in Accured Expenses improved to -$6.3 million in Q2 2023 per AZZ's latest filing, from -$19.9 million in the prior quarter.
- Over five years, Change in Accured Expenses peaked at $22.4 million in Q3 2022 and troughed at -$19.9 million in Q1 2023.
- A 5-year average of $611888.9 and a median of $38500.0 in 2019 frame the typical range for Change in Accured Expenses.
- The sharpest annual moves came in 2020 and 2022: Change in Accured Expenses slumped 4219.38% in 2020, then jumped 1453.5% in 2022.
- A 5-year view of Change in Accured Expenses shows it stood at $21.3 million in 2019, then sank by 57.91% to $8.9 million in 2020, then plunged by 116.4% to -$1.5 million in 2021, then plunged by 279.07% to -$5.6 million in 2022, then declined by 13.88% to -$6.3 million in 2023.
- Business Quant data shows AZZ's Change in Accured Expenses at -$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 | 70.95 Bn | 70.77 Bn | 1.45 Bn | 70.86 Mn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 33.19 Mn |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | - |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | -93.00 Mn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | -746.23 Mn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 183.95 Mn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 90.00 Mn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 39.30 Mn |
| 10 | Azz | 4.53 Bn | 4.53 Bn | 87.59 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |