Azz (AZZ) Work In Process (2011 - 2023)
Azz (AZZ) posted quarterly Work In Process of $2.2 million for Q3 2023, up 27.39% year-over-year from $1.7 million in Q3 2022, and down 2.5% quarter-over-quarter from $2.2 million in Q2 2023.
Azz (AZZ) Work In Process (2011 - 2023) Analysis & Trends
Azz (AZZ) has reported Work In Process for 13 consecutive years, with $2.2 million the latest figure, recorded in Q3 2023.
- In Q3 2023, Work In Process rose 27.39% year-over-year to $2.2 million; the TTM figure through Aug 2023 stood at $2.2 million (up 27.39% YoY), while the FY2023 annual figure was $1.6 million, up 85.48% from the prior year.
- Work In Process slipped to $2.2 million in Q3 2023 per AZZ's latest filing, from $2.2 million in the prior quarter.
- Across five years, Work In Process topped out at $19.1 million in Q1 2019 and bottomed at $840000.0 in Q1 2022.
- Historically, Work In Process has averaged $6.9 million across 5 years, with a median of $6.2 million in 2021.
- Annual changes were most pronounced in 2019 — Work In Process jumped 2277.97% — and 2022, when it plunged 81.13%.
- Azz's Work In Process stood at $18.1 million in 2019, then sank by 58.59% to $7.5 million in 2020, then dropped by 17.7% to $6.2 million in 2021, then plunged by 71.34% to $1.8 million in 2022, then gained by 23.99% to $2.2 million in 2023.
- Business Quant data shows AZZ's Work In Process at $2.2 million in Q3 2023, $2.2 million in Q2 2023, and $1.6 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 81.84 Bn | 81.56 Bn | 1.48 Bn |
| 2 | Relx | 65.92 Bn | 65.74 Bn | - |
| 3 | Copart | 31.68 Bn | 28.33 Bn | 732.88 Mn |
| 4 | Global Payments | 25.34 Bn | 19.93 Bn | 2.03 Bn |
| 5 | Rb Global | 16.15 Bn | 15.62 Bn | 935.50 Mn |
| 6 | Aramark | 15.72 Bn | 15.22 Bn | 430.34 Mn |
| 7 | UL Solutions | 15.16 Bn | 14.72 Bn | 417.00 Mn |
| 8 | Rentokil Initial | 11.92 Bn | 9.40 Bn | - |
| 9 | Dolby Laboratories | 6.14 Bn | 5.47 Bn | 264.68 Mn |
| 10 | Azz | 4.23 Bn | 4.22 Bn | 112.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Aug 31, 2023 | 2.19 Mn |
| May 31, 2023 | 2.24 Mn |
| Feb 28, 2023 | 1.56 Mn |
| Nov 30, 2022 | 1.76 Mn |
| Aug 31, 2022 | 1.72 Mn |
| May 31, 2022 | 9.03 Mn |
| Feb 28, 2022 | 840,000.00 |
| Nov 30, 2021 | 6.15 Mn |
| Aug 31, 2021 | 6.53 Mn |
| May 31, 2021 | 6.21 Mn |
| Feb 28, 2021 | 4.45 Mn |
| Nov 30, 2020 | 7.48 Mn |
| Aug 31, 2020 | 8.97 Mn |
| May 31, 2020 | 8.15 Mn |
| Feb 29, 2020 | 5.54 Mn |
| Nov 30, 2019 | 18.05 Mn |
| Aug 31, 2019 | 8.42 Mn |
| May 31, 2019 | 12.64 Mn |
| Feb 28, 2019 | 19.07 Mn |
| Nov 30, 2018 | 1.69 Mn |