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AZZ (FRA:AI7) Change In Inventory : €7 Mil (TTM As of Feb. 2024)


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What is AZZ Change In Inventory?

AZZ's change in inventory for the quarter that ended in Feb. 2024 was €0 Mil. It means AZZ's inventory stayed the same from Nov. 2023 to Feb. 2024 .

AZZ's change in inventory for the fiscal year that ended in Feb. 2024 was €0 Mil. It means AZZ's inventory stayed the same from Feb. 2023 to Feb. 2024 .

AZZ's Total Inventories for the quarter that ended in Feb. 2024 was €109 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AZZ's Days Inventory for the quarter that ended in Feb. 2024 was 38.99.

Inventory Turnover measures how fast the company turns over its inventory within a year. AZZ's Inventory Turnover for the quarter that ended in Feb. 2024 was 2.34.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. AZZ's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.33.


AZZ Change In Inventory Historical Data

The historical data trend for AZZ's Change In Inventory 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 Change In Inventory Chart

AZZ Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.73 0.86 -24.55 -16.06 -

AZZ Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.38 -1.10 7.94 - -

AZZ Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €7 Mil.

* 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.


AZZ  (FRA:AI7) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

AZZ's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=113.086/264.678*365 / 4
=38.99

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

AZZ's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

AZZ's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

* 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.


AZZ Change In Inventory Related Terms

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AZZ (FRA:AI7) Business Description

Traded in Other Exchanges
Address
3100 West 7th Street, Suite 500, One Museum Place, Fort Worth, TX, USA, 76107
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.

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