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-over-year from $10.4 million in Q2 2022, and down 53.06% quarter-over-quarter from $2.6 million in Q1 2023.
Analysis
Azz (AZZ) Change in Inventory (2010 - 2023) Analysis & Trends
Azz (AZZ) has reported Change in Inventory for 14 consecutive years, with $1.2 million the latest figure, recorded 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 was $1.2 million for Q2 2023 at Azz, down from $2.6 million in the prior quarter.
- Over five years, Change in Inventory peaked at $10.4 million in Q2 2022 and troughed at -$19.6 million in Q1 2020.
- A 5-year average of $688944.4 and a median of $1.7 million in 2019 frame the typical range for Change in Inventory.
- Across the five-year window, Change in Inventory tumbled 1072.68% in 2019 and surged 429.28% in 2022, its largest moves.
- Over 5 years, Change in Inventory stood at $9.3 million in 2019, then tumbled by 86.21% to $1.3 million in 2020, then jumped by 217.69% to $4.1 million in 2021, then slumped by 135.21% to -$1.4 million in 2022, then surged by 183.48% to $1.2 million in 2023.
- The last three Change in Inventory figures came in at $1.2 million (Q2 2023), $2.6 million (Q1 2023), and -$1.4 million (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 29.94 Bn | 20.91 Bn | 984.66 Mn | - |
| 2 | Mueller Industries | 13.06 Bn | 11.65 Bn | 395.35 Mn | 45.23 Mn |
| 3 | Arcosa | 7.13 Bn | 6.70 Bn | 155.70 Mn | 8.00 Mn |
| 4 | Azz | 4.08 Bn | 4.07 Bn | 112.17 Mn | - |
| 5 | Constellium Se | 3.53 Bn | 3.36 Bn | 480.00 Mn | 216.00 Mn |
| 6 | Lci Industries | 2.26 Bn | 2.05 Bn | 301.14 Mn | -66.06 Mn |
| 7 | Worthington Steel | 1.68 Bn | 1.60 Bn | 118.80 Mn | -18.70 Mn |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | -20.20 Mn |
| 9 | Park Ohio Holdings | 636.20 Mn | 587.90 Mn | 78.90 Mn | 1.10 Mn |
| 10 | Insteel Industries | 591.92 Mn | 568.98 Mn | 20.10 Mn | 7.94 Mn |
Historic Data
Download Data
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 |