Azz (AZZ) Change in Receivables (2010 - 2023)
Azz (AZZ) posted Change in Receivables of -$12.94 million for fiscal Q1 2024 (quarter ended May 31, 2023), compared with $20.94 million a year earlier.
Azz (AZZ) Change in Receivables (2010 - 2023) Analysis & Trends
For the trailing twelve months through May 31, 2023, Change in Receivables at Azz was -$7.33 million; for FY2023 (ended Feb 28, 2023), it came in at $26.55 million, up 24.7% from FY2022.
- In prior fiscal years, Azz's Change in Receivables was $21.29 million in FY2022, -$8.38 million in FY2021, $1.01 million in FY2020 (-87.6%) and $8.13 million in FY2019.
- Quarterly Change in Receivables has run from a low of -$27.08 million in fiscal Q4 2020 to a high of $20.94 million in fiscal Q1 2023 over five years.
- On a year-over-year basis, Change in Receivables increased in four of the last five quarters, with growth averaging 215.4%.
- The strongest year-over-year quarter for Change in Receivables in the past five years was fiscal Q2 2023, with growth of 576.0%; the weakest was fiscal Q3 2019, with a decline of 95.4%.
- According to Business Quant data, Change in Receivables for the three prior fiscal quarters was $10.12 million (Q4 2023), -$19.38 million (Q3 2023) and $14.87 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 2.38 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | - |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 168.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | -55.00 Mn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 586.50 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | -95.00 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 166.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 184.00 Mn |
| 10 | Azz | 4.03 Bn | 4.03 Bn | 112.17 Mn | - |
Historic Data
| Date | Value |
|---|---|
| May 31, 2023 | -12.94 Mn |
| Feb 28, 2023 | 10.12 Mn |
| Nov 30, 2022 | -19.38 Mn |
| Aug 31, 2022 | 14.87 Mn |
| May 31, 2022 | 20.94 Mn |
| Feb 28, 2022 | 4.97 Mn |
| Nov 30, 2021 | 6.16 Mn |
| Aug 31, 2021 | 2.20 Mn |
| May 31, 2021 | 7.97 Mn |
| Feb 28, 2021 | 1.33 Mn |
| Nov 30, 2020 | 9.97 Mn |
| Aug 31, 2020 | -10.97 Mn |
| May 31, 2020 | -8.72 Mn |
| Feb 29, 2020 | -27.08 Mn |
| Nov 30, 2019 | 18.91 Mn |
| Aug 31, 2019 | -5.05 Mn |
| May 31, 2019 | 14.23 Mn |
| Feb 28, 2019 | -5.82 Mn |
| Nov 30, 2018 | 776,000.00 |
| Aug 31, 2018 | -16.40 Mn |
Azz Change in Receivables 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-receivables&ticker=AZZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-receivables", "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-receivables&ticker=AZZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();