Growth Metrics

Azz (AZZ) Change in Receivables (2016 - 2023)

Azz (AZZ) has disclosed Change in Receivables for 14 consecutive years, with -$12.9 million as the latest value for Q2 2023.

  • On a quarterly basis, Change in Receivables fell 161.77% to -$12.9 million in Q2 2023 year-over-year; TTM through May 2023 was -$7.3 million, a 121.4% decrease, with the full-year FY2023 number at $26.5 million, up 24.68% from a year prior.
  • Change in Receivables was -$12.9 million for Q2 2023 at Azz, down from $10.1 million in the prior quarter.
  • In the past five years, Change in Receivables ranged from a high of $20.9 million in Q2 2022 to a low of -$27.1 million in Q1 2020.
  • A 5-year average of $1.2 million and a median of $3.6 million in 2021 define the central range for Change in Receivables.
  • Peak YoY movement for Change in Receivables: skyrocketed 2336.73% in 2019, then plummeted 414.86% in 2022.
  • Azz's Change in Receivables stood at $18.9 million in 2019, then plummeted by 47.27% to $10.0 million in 2020, then crashed by 38.26% to $6.2 million in 2021, then tumbled by 414.86% to -$19.4 million in 2022, then skyrocketed by 33.26% to -$12.9 million in 2023.
  • Per Business Quant, the three most recent readings for AZZ's Change in Receivables are -$12.9 million (Q2 2023), $10.1 million (Q1 2023), and -$19.4 million (Q4 2022).