Azz (AZZ) Change in Receivables (2010 - 2023)
Azz (AZZ) reported Change in Receivables of -$12.9 million for Q2 2023, down 161.77% year-over-year from $20.9 million in Q2 2022, and down 227.89% quarter-over-quarter from $10.1 million in Q1 2023.
Azz (AZZ) Change in Receivables (2010 - 2023) Analysis & Trends
Azz (AZZ) has 14 years of Change in Receivables data on file, last reported at -$12.9 million in Q2 2023.
- Change in Receivables for Q2 2023 came in at -$12.9 million, down 161.77% year-over-year; the trailing twelve-month figure through May 2023 was -$7.3 million (down 121.4% YoY), and the FY2023 annual result was $26.5 million, up 24.68% from the prior year.
- Change in Receivables declined to -$12.9 million in Q2 2023 per AZZ's latest filing, from $10.1 million in the prior quarter.
- Over five years, Change in Receivables peaked at $20.9 million in Q2 2022 and troughed at -$27.1 million in Q1 2020.
- A 5-year average of $1.2 million and a median of $3.6 million in 2021 frame the typical range for Change in Receivables.
- The sharpest annual moves came in 2019 and 2022: Change in Receivables jumped 2336.73% in 2019, then sank 414.86% in 2022.
- A 5-year view of Change in Receivables shows it stood at $18.9 million in 2019, then plunged by 47.27% to $10.0 million in 2020, then sank by 38.26% to $6.2 million in 2021, then slumped by 414.86% to -$19.4 million in 2022, then soared by 33.26% to -$12.9 million in 2023.
- Business Quant data shows AZZ's Change in Receivables at -$12.9 million in Q2 2023, $10.1 million in Q1 2023, and -$19.4 million in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 56.46 Mn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | -67.52 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 | 87.00 Mn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | -44.18 Mn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | -7.48 Mn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | -95.00 Mn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 21.13 Mn |
| 10 | Azz | 4.53 Bn | 4.53 Bn | 87.59 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2023 | -12.94 Mn |
| May 31, 2023 | -12.94 Mn |
| Feb 28, 2023 | 10.12 Mn |
| Feb 28, 2023 | 10.12 Mn |
| Nov 30, 2022 | -19.38 Mn |
| Nov 30, 2022 | -19.38 Mn |
| Aug 31, 2022 | 14.87 Mn |
| Aug 31, 2022 | 14.87 Mn |
| May 31, 2022 | 20.94 Mn |
| May 31, 2022 | 20.94 Mn |
| Feb 28, 2022 | 4.97 Mn |
| Feb 28, 2022 | 4.97 Mn |
| Nov 30, 2021 | 6.16 Mn |
| Nov 30, 2021 | 6.16 Mn |
| Aug 31, 2021 | 2.20 Mn |
| Aug 31, 2021 | 2.20 Mn |
| May 31, 2021 | 7.97 Mn |
| May 31, 2021 | 7.97 Mn |
| Feb 28, 2021 | 1.33 Mn |
| Feb 28, 2021 | 1.33 Mn |