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AZZ incorporated Message Board

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  • janusdealer janusdealer Jul 7, 2005 8:54 AM Flag

    cash flow statement shows

    Yea I see now I am a qtr behind and was looking at the annual number. But nonetheless still a hit to the cash flow.

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    • I see what you were looking at now -- it is best to go direct to for data -- I have found the yahoo data to not be as complete. Anyway, the ebbs and flows in receivables as adjustments to cash flows from operations are of no concern to me. AZZ has always had a good overall collection rate and the increase in receivables (hence the deduct in the reconcilation of income to cash flows for the period) is, in my opinion, a nonsubstantive issue. It merely reflects the timing of collections vs. the timing of sales recognition. On another subject, since you are no doubt the only one reading this far down, who is posting information about pipe revenue and where is that data from?

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