Azz (AZZ) Change in Receivables (2010 - 2023)
Azz's (AZZ) quarterly Change in Receivables came in at -$12.9 million in 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.
Analysis
Azz (AZZ) Change in Receivables (2010 - 2023) Analysis & Trends
Azz (AZZ) has reported Change in Receivables for 14 consecutive years, with -$12.9 million the latest figure, recorded in Q2 2023.
- On a quarterly basis, Change in Receivables fell 161.77% year-over-year to -$12.9 million in Q2 2023; TTM through May 2023 was -$7.3 million, a 121.4% decrease from a year earlier, with the FY2023 full-year figure at $26.5 million, up 24.68% from the prior year.
- Change in Receivables was -$12.9 million for Q2 2023 at Azz, down 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.
- Across the five-year window, Change in Receivables soared 2336.73% in 2019 and slumped 414.86% in 2022, its largest moves.
- Over 5 years, Change in Receivables stood at $18.9 million in 2019, then sank by 47.27% to $10.0 million in 2020, then slumped by 38.26% to $6.2 million in 2021, then tumbled by 414.86% to -$19.4 million in 2022, then surged by 33.26% to -$12.9 million in 2023.
- The last three Change in Receivables figures came in at -$12.9 million (Q2 2023), $10.1 million (Q1 2023), and -$19.4 million (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Tenaris | 29.94 Bn | 20.91 Bn | 984.66 Mn | - |
| 2 | Mueller Industries | 13.06 Bn | 11.65 Bn | 395.35 Mn | 92.05 Mn |
| 3 | Arcosa | 7.13 Bn | 6.70 Bn | 155.70 Mn | 140.10 Mn |
| 4 | Azz | 4.08 Bn | 4.07 Bn | 112.17 Mn | - |
| 5 | Constellium Se | 3.53 Bn | 3.36 Bn | 480.00 Mn | 169.00 Mn |
| 6 | Lci Industries | 2.26 Bn | 2.05 Bn | 301.14 Mn | 6.13 Mn |
| 7 | Worthington Steel | 1.68 Bn | 1.60 Bn | 118.80 Mn | 40.90 Mn |
| 8 | Leggett & Platt | 1.26 Bn | 711.32 Mn | 203.20 Mn | 50.20 Mn |
| 9 | Park Ohio Holdings | 636.20 Mn | 587.90 Mn | 78.90 Mn | 9.70 Mn |
| 10 | Insteel Industries | 591.92 Mn | 568.98 Mn | 20.10 Mn | -699,000.00 |
Historic Data
Download Data
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 |