Azz (AZZ) Change in Inventory (2010 - 2023)
Azz (AZZ) reported Change in Inventory of $1.2 million for 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.
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.
- Change in Inventory for Q2 2023 came in at $1.2 million, down 88.44% year-over-year; the trailing twelve-month figure through May 2023 was $8.0 million (down 61.51% YoY), and the FY2023 annual result was $17.2 million, down 8.35% from the prior year.
- Change in Inventory retreated to $1.2 million in Q2 2023 per AZZ's latest filing, 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.
- The sharpest annual moves came in 2019 and 2022: Change in Inventory slumped 1072.68% in 2019, then soared 429.28% in 2022.
- A 5-year view of Change in Inventory shows it stood at $9.3 million in 2019, then slumped by 86.21% to $1.3 million in 2020, then surged by 217.69% to $4.1 million in 2021, then sank by 135.21% to -$1.4 million in 2022, then soared by 183.48% to $1.2 million in 2023.
- Business Quant data shows AZZ's Change in Inventory at $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 | 70.95 Bn | 70.77 Bn | 1.45 Bn | 2.69 Mn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 7.86 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 | - |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | - |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 39.01 Mn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | - |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | -2.97 Mn |
| 10 | Azz | 4.53 Bn | 4.53 Bn | 87.59 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 |