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
DateValue
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