Azz (AZZ) Change in Inventory (2010 - 2023)

Azz's (AZZ) quarterly Change in Inventory came in at $1.2 million in Q2 2023, down 88.44% year-on-year from $10.4 million in Q2 2022, and down 53.06% on a QoQ basis from $2.6 million in Q1 2023.

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

Azz (AZZ) has 14 years of Change in Inventory data on file, last reported at $1.2 million in Q2 2023.

  • On a quarterly basis, Change in Inventory fell 88.44% year-over-year to $1.2 million in Q2 2023; TTM through May 2023 was $8.0 million, a 61.51% decrease from a year earlier, with the FY2023 full-year figure at $17.2 million, down 8.35% from the prior year.
  • Change in Inventory for Q2 2023 stood at $1.2 million, down from $2.6 million in the prior quarter.
  • Over the last five years, Change in Inventory for AZZ reached as high as $10.4 million in Q2 2022 and fell as low as -$19.6 million in Q1 2020.
  • Historically, Change in Inventory has averaged $688944.4 across 5 years, with a median of $1.7 million in 2019.
  • Across the five-year window, Change in Inventory plunged 1072.68% in 2019 and jumped 429.28% in 2022, its largest moves.
  • Year by year, Change in Inventory stood at $9.3 million in 2019, then tumbled by 86.21% to $1.3 million in 2020, then surged by 217.69% to $4.1 million in 2021, then slumped by 135.21% to -$1.4 million in 2022, then soared by 183.48% to $1.2 million in 2023.
  • Per Business Quant data, the three most recent Change in Inventory figures were $1.2 million in Q2 2023, $2.6 million in Q1 2023, and -$1.4 million in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn 2.69 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 7.86 Mn
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn -
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn -
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn -
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn 39.01 Mn
10 Azz 4.59 Bn 4.59 Bn 112.17 Mn -

Historic Data

Download Data
DateValue
May 31, 2023 1.20 Mn
May 31, 2023 1.20 Mn
Feb 28, 2023 2.55 Mn
Feb 28, 2023 2.55 Mn
Nov 30, 2022 -1.44 Mn
Nov 30, 2022 -1.44 Mn
Aug 31, 2022 5.72 Mn
Aug 31, 2022 5.72 Mn
May 31, 2022 10.36 Mn
May 31, 2022 10.36 Mn
Feb 28, 2022 9.24 Mn
Feb 28, 2022 9.24 Mn
Nov 30, 2021 4.08 Mn
Nov 30, 2021 4.08 Mn
Aug 31, 2021 -2.81 Mn
Aug 31, 2021 -2.81 Mn
May 31, 2021 8.25 Mn
May 31, 2021 8.25 Mn
Feb 28, 2021 -2.81 Mn
Feb 28, 2021 -2.81 Mn