AZZ (AZZ) Accounts Receivable : $153 Mil (As of Aug. 2024)

View and export this data going back to 1984. Start your Free Trial

What is AZZ Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AZZ's accounts receivables for the quarter that ended in Aug. 2024 was $153 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AZZ's Days Sales Outstanding for the quarter that ended in Aug. 2024 was 34.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AZZ's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was $-35.68.

AZZ Accounts Receivable Historical Data

The historical data trend for AZZ's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AZZ Accounts Receivable Chart

AZZ Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Accounts Receivable

Get a 7-Day Free Trial

139.21

128.77

85.11

156.44

142.25

AZZ Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Accounts Receivable	Get a 7-Day Free Trial															183.95	142.46	142.25	144.39	153.11

AZZ Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

AZZ Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

AZZ's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	153.108	/	409.007	*	91
=	34.16

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), AZZ's accounts receivable are only considered to be worth 75% of book value:

AZZ's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2.152	+	0.75 * 153.108	+	0.5 * 115.249	-	1240.574
-	0	-	0)	/	29.877
=	-35.68

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

AZZ Accounts Receivable Related Terms

Thank you for viewing the detailed overview of AZZ's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

AZZ Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » AZZ Inc (NYSE:AZZ) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

3100 West 7th Street, Suite 500, One Museum Place, Fort Worth, TX, USA, 76107

Website

https://www.azz.com

AZZ Inc is a provider of galvanizing and a variety of metal coating solutions and coil coating solutions to a broad range of end markets in North America. In its Metal Coatings segment, the company offers metal finishing services to protect against corrosion, such as hot dip galvanizing, spin galvanizing, powder coating, anodizing, and plating. The Precoat Metals Segment offers aesthetic and corrosion-resistant coatings for steel and aluminum coils.

Executives

Bryan Lee Stovall	officer: SVP - Metal Coatings	ONE MUSEUM PLACE, SUITE 500, 3100 WEST 7TH STREET, FORT WORTH TX 76107
Tara D Mackey	officer: VP Chief Legal Officer	ONE MUSEUM PLACE, SUITE 500, 3100 WEST 7TH STREET, FORT WORTH TX 76116
Thomas E Ferguson	director, officer: President and CEO	ONE MUSEUM PLACE, SUITE 500, 3100 WEST 7TH STREET, FORT WORTH TX 76107
Tiffany Moseley	officer: Chief Accounting Officer	ONE MUSEUM PLACE, 3100 WEST 7TH STREET, SUITE 500, FORT WORTH TX 76107
Kurt L. Russell	officer: COO - Precoat Metals	ONE MUSEUM PLACE, 3100 WEST 7TH STREET, SUITE 500, FORT WORTH TX 76107
Ken Lavelle	officer: President & GM - Electrical	ONE MUSEUM PLACE, 3100 W. 7TH STREET, SUITE 500, FORT WORTH TX 76107
Philip A Schlom	officer: VP, Chief Accounting Officer	C/O PARKER DRILLING COMPANY, 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
David Kaden	director	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Clive A Grannum	director	OLIN CORPORATION, 190 CARONDELET PLAZA, SUITE 1530, CLAYTON MO 63105
Carol R Jackson	director	777 E. WISCONSIN AVENUE, MILWAUKEE WI 53202
Gary L. Hill	officer: President & GM-Industrial	ONE MUSEUM PLACE, 3100 W. 7TH STREET, SUITE 500, FORT WORTH TX 76107
Michael Doucet	officer: SVP - Alternative Coatings	ONE MUSEUM PLACE, 3100 W. 7TH STREET, SUITE 500, FORT WORTH TX 76107
Kevern R Joyce	director	ONE MUSEUM PLACE, SUITE 500, 3100 WEST 7TH STREET, FORT WORTH TX 76107
Paul Wesley Fehlman	other: Finance	ONE MUSEUM PLACE, SUITE 500, 3100 WEST 7TH STREET, FORT WORTH TX 76107
Matthew Varley Emery	officer: VP CHIEF INFORMATION OFFICER	ONE MUSEUM PLACE, SUITE 500, 3100 WEST 7TH STREET, FORT WORTH TX 76107