Azz (AZZ) Change in Inventory (2010 - 2023)
Azz (AZZ) posted Change in Inventory of $1.2 million for fiscal Q1 2024 (quarter ended May 31, 2023), down 88.4% from $10.36 million a year earlier and down 53.1% from the prior quarter.
Azz (AZZ) Change in Inventory (2010 - 2023) Analysis & Trends
For the trailing twelve months through May 31, 2023, Change in Inventory at Azz was $8.03 million, down 61.5% year-over-year; for FY2023 (ended Feb 28, 2023), it came in at $17.2 million, down 8.4% from FY2022.
- Annual Change in Inventory shows a five-year compound annual growth rate of 11.6% (FY2018 to FY2023).
- In prior fiscal years, Azz's Change in Inventory was $18.77 million in FY2022, -$1.04 million in FY2021, -$25.88 million in FY2020 and $595,000 in FY2019 (-94.0%).
- Quarterly Change in Inventory has run from a low of -$19.63 million in fiscal Q4 2020 to a high of $10.36 million in fiscal Q1 2023 over five years.
- On a year-over-year basis, Change in Inventory increased in two of the last four quarters, with growth averaging 20.6%.
- According to Business Quant data, Change in Inventory for the three prior fiscal quarters was $2.55 million (Q4 2023), -$1.44 million (Q3 2023) and $5.72 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 1.05 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | - |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | -295.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | -7.00 Mn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 663.80 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 60.00 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 81.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 32.00 Mn |
| 10 | Azz | 4.03 Bn | 4.03 Bn | 112.17 Mn | - |
Historic Data
| Date | Value |
|---|---|
| May 31, 2023 | 1.20 Mn |
| Feb 28, 2023 | 2.55 Mn |
| Nov 30, 2022 | -1.44 Mn |
| Aug 31, 2022 | 5.72 Mn |
| May 31, 2022 | 10.36 Mn |
| Feb 28, 2022 | 9.24 Mn |
| Nov 30, 2021 | 4.08 Mn |
| Aug 31, 2021 | -2.81 Mn |
| May 31, 2021 | 8.25 Mn |
| Feb 28, 2021 | -2.81 Mn |
| Nov 30, 2020 | 1.28 Mn |
| Aug 31, 2020 | -3.97 Mn |
| May 31, 2020 | 4.45 Mn |
| Feb 29, 2020 | -19.63 Mn |
| Nov 30, 2019 | 9.31 Mn |
| Aug 31, 2019 | -7.87 Mn |
| May 31, 2019 | -7.68 Mn |
| Feb 28, 2019 | 2.16 Mn |
| Nov 30, 2018 | -3.74 Mn |
| Aug 31, 2018 | 809,000.00 |
Azz Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=AZZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "AZZ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=AZZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();