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| Date | Value |
|---|---|
| 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 |