AZZ Incorporated (AZZ)
Receivables 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 1,577,744 | 1,592,438 | 1,570,389 | 1,559,924 | 1,537,589 | 1,507,524 | 1,499,220 | 1,507,388 | 1,430,913 | 1,319,063 | 1,177,499 | 987,236 | 902,664 | 873,639 | 868,525 | 855,450 | 838,917 | 888,653 | 953,169 | 985,987 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
February 28, 2025 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $1,577,744K ÷ $—K
= —
The receivables turnover ratio for AZZ Incorporated is not available for all the periods listed in the provided data. This indicates that specific information regarding the company's accounts receivable management and sales on credit is not currently accessible for analysis. Receivables turnover is a key financial metric that measures how efficiently a company is able to collect outstanding payments from its customers within a specific period.
In general, a higher receivables turnover ratio signifies that the company is effectively managing its accounts receivable and converting credit sales into cash quickly. On the other hand, a lower turnover ratio may indicate potential issues with collections or an inefficient credit policy.
It is essential for companies to monitor their receivables turnover ratio regularly to assess their liquidity and collection efficiency. By comparing this ratio over different periods, management can gain insights into changes in customer payment behavior, credit policies, and overall business performance.
Without the specific receivables turnover data for AZZ Incorporated, it is challenging to provide a detailed analysis of how the company is managing its accounts receivable. Tracking this metric in conjunction with other financial ratios and industry benchmarks would provide a more comprehensive understanding of the company's financial health and operational effectiveness in managing its receivables.
Peer comparison
Feb 28, 2025