AZZ Inventory Turnover from 2010 to 2024

AZZ Stock  USD 93.14  1.99  2.18%   
AZZ Incorporated Inventory Turnover yearly trend continues to be fairly stable with very little volatility. Inventory Turnover is likely to outpace its year average in 2024. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
9.97932957
Current Value
10.48
Quarterly Volatility
1.86303925
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check AZZ Incorporated financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among AZZ Incorporated's main balance sheet or income statement drivers, such as Depreciation And Amortization of 83.4 M, Interest Expense of 112.4 M or Selling General Administrative of 134.8 M, as well as many indicators such as Price To Sales Ratio of 0.86, Dividend Yield of 0.011 or PTB Ratio of 1.48. AZZ financial statements analysis is a perfect complement when working with AZZ Incorporated Valuation or Volatility modules.
  
Check out the analysis of AZZ Incorporated Correlation against competitors.
For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.

Latest AZZ Incorporated's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of AZZ Incorporated over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. AZZ Incorporated's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in AZZ Incorporated's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Slightly volatile
   Inventory Turnover   
       Timeline  

AZZ Inventory Turnover Regression Statistics

Arithmetic Mean6.61
Geometric Mean6.40
Coefficient Of Variation28.19
Mean Deviation1.49
Median5.83
Standard Deviation1.86
Sample Variance3.47
Range5.5436
R-Value0.51
Mean Square Error2.78
R-Squared0.26
Significance0.05
Slope0.21
Total Sum of Squares48.59

AZZ Inventory Turnover History

2024 10.48
2023 9.98
2022 7.14
2021 5.37
2019 7.0
2018 5.83
2017 5.87

About AZZ Incorporated Financial Statements

AZZ Incorporated investors use historical fundamental indicators, such as AZZ Incorporated's Inventory Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in AZZ Incorporated. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 9.98  10.48 

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Additional Tools for AZZ Stock Analysis

When running AZZ Incorporated's price analysis, check to measure AZZ Incorporated's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AZZ Incorporated is operating at the current time. Most of AZZ Incorporated's value examination focuses on studying past and present price action to predict the probability of AZZ Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AZZ Incorporated's price. Additionally, you may evaluate how the addition of AZZ Incorporated to your portfolios can decrease your overall portfolio volatility.