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
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