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-on-year from $20.9 million in Q2 2022, and down 227.89% on a QoQ basis 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.
- 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 for Q2 2023 stood at -$12.9 million, down from $10.1 million in the prior quarter.
- Over the last five years, Change in Receivables for AZZ reached as high as $20.9 million in Q2 2022 and fell as low as -$27.1 million in Q1 2020.
- Historically, Change in Receivables has averaged $1.2 million across 5 years, with a median of $3.6 million in 2021.
- Across the five-year window, Change in Receivables surged 2336.73% in 2019 and tumbled 414.86% in 2022, its largest moves.
- Year by year, 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 soared by 33.26% to -$12.9 million in 2023.
- Per Business Quant data, the three most recent Change in Receivables figures were -$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 | 81.31 Bn | 81.12 Bn | 1.45 Bn | 56.46 Mn |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | - |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | -67.52 Mn |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | -44.18 Mn |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | - |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 87.00 Mn |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | -7.48 Mn |
| 10 | Azz | 4.59 Bn | 4.59 Bn | 112.17 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 |