AZZ Incorporated (AZZ)
Payables turnover
| Feb 28, 2025 | Nov 30, 2024 | Aug 31, 2024 | May 31, 2024 | Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 1,195,064 | 1,207,429 | 1,195,009 | 1,190,812 | 1,174,128 | 1,163,857 | 1,170,620 | 1,174,479 | 1,110,567 | 1,004,753 | 879,307 | 735,484 | 677,441 | 657,863 | 655,038 | 650,984 | 650,170 | 694,572 | 746,432 | 772,658 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
February 28, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $1,195,064K ÷ $—K
= —
The payables turnover ratio for AZZ Incorporated is unavailable for the periods provided (May 31, 2020 to February 28, 2025). The payables turnover ratio is used to assess how efficiently a company is managing its payments to suppliers by measuring how many times a company pays off its average accounts payable balance over a period.
Without the specific values for accounts payable and cost of sales, it is not possible to calculate the payables turnover ratio. However, a higher payables turnover ratio generally indicates that a company is paying its suppliers more quickly, which could imply efficient working capital management. Conversely, a low turnover ratio could indicate potential liquidity issues or unfavorable payment terms with suppliers.
To gain a better understanding of AZZ Incorporated's liquidity and efficiency in managing its payables, it would be advisable to have access to the necessary financial data to compute the payables turnover ratio accurately and perform a more detailed analysis.
Peer comparison
Feb 28, 2025