Azek Change In Working Capital from 2010 to 2024

AZEK Stock  USD 53.51  0.74  1.36%   
Azek Change In Working Capital yearly trend continues to be quite stable with very little volatility. Change In Working Capital may rise above about 161 M this year. Change In Working Capital is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. View All Fundamentals
 
Change In Working Capital  
First Reported
2018-12-31
Previous Quarter
109.4 M
Current Value
2.1 M
Quarterly Volatility
61.9 M
 
Covid
Check Azek financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Azek's main balance sheet or income statement drivers, such as Interest Expense of 38.5 M, Other Operating Expenses of 858.1 M or Net Income Applicable To Common Shares of 82.1 M, as well as many indicators such as Price To Sales Ratio of 4.85, Dividend Yield of 0.0 or PTB Ratio of 5.54. Azek financial statements analysis is a perfect complement when working with Azek Valuation or Volatility modules.
  
Check out the analysis of Azek Correlation against competitors.

Latest Azek's Change In Working Capital Growth Pattern

Below is the plot of the Change In Working Capital of Azek Company over the last few years. It is the difference in the amount of working capital from one period to the next, indicating the change in a company's short-term assets and liabilities. Azek's Change In Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Azek's overall financial position and show how it may be relating to other accounts over time.
Change In Working Capital10 Years Trend
Slightly volatile
   Change In Working Capital   
       Timeline  

Azek Change In Working Capital Regression Statistics

Arithmetic Mean18,303,970
Coefficient Of Variation436.39
Mean Deviation54,416,352
Median979,000
Standard Deviation79,877,333
Sample Variance6380.4T
Range302.3M
R-Value0.41
Mean Square Error5736.4T
R-Squared0.17
Significance0.13
Slope7,258,549
Total Sum of Squares89325.4T

Azek Change In Working Capital History

2024161 M
2023153.4 M
2022148.7 M
2021-141.3 M
2020-39.2 M
2019-32.2 M
201816.4 M

About Azek Financial Statements

Azek investors utilize fundamental indicators, such as Change In Working Capital, to predict how Azek Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Change In Working Capital153.4 M161 M

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When determining whether Azek Company is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Azek Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Azek Company Stock. Highlighted below are key reports to facilitate an investment decision about Azek Company Stock:
Check out the analysis of Azek Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Azek. If investors know Azek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Azek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.478
Earnings Share
1.04
Revenue Per Share
10.094
Quarterly Revenue Growth
0.121
Return On Assets
0.0603
The market value of Azek Company is measured differently than its book value, which is the value of Azek that is recorded on the company's balance sheet. Investors also form their own opinion of Azek's value that differs from its market value or its book value, called intrinsic value, which is Azek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Azek's market value can be influenced by many factors that don't directly affect Azek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Azek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.