Progress Software (PRGS) Change in Inventory (2021 - 2023)

Progress Software (PRGS) recorded quarterly Change in Inventory of -$280000.0 in Q4 2023, up 60.73% quarter-over-quarter from -$713000.0 in Q3 2023, and down 195.89% on a YoY basis from $292000.0 in Q4 2022.

Progress Software (PRGS) Change in Inventory (2021 - 2023) Analysis & Trends

Progress Software's Change in Inventory history runs 3 years deep, the most recent figure standing at -$280000.0 for Q4 2023.

  • In Q4 2023, Change in Inventory fell 195.89% year-over-year to -$280000.0; the TTM figure through Aug 2024 stood at -$280000.0 (up 85.39% YoY), while the FY2023 annual figure was -$2.5 million, down 259.96% from the prior year.
  • Change in Inventory was -$280000.0 for Q4 2023 at Progress Software, up from -$713000.0 in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $2.0 million in Q3 2022 to a low of -$2.1 million in Q2 2023.
  • Historically, Change in Inventory has averaged -$130888.9 across 3 years, with a median of -$280000.0 in 2023.
  • Biggest YoY gain for Change in Inventory was 244.5% in 2023; the steepest drop was 556.25% in 2023.
  • A 3-year view of Change in Inventory shows it stood at -$245000.0 in 2021, then soared by 219.18% to $292000.0 in 2022, then sank by 195.89% to -$280000.0 in 2023.
  • The last three Change in Inventory figures came in at -$280000.0 (Q4 2023), -$713000.0 (Q3 2023), and -$2.1 million (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Microsoft 2,903.35 Bn 2,825.07 Bn 56.06 Bn 161.00 Mn
2 Alarum Technologies 1,127.45 Bn 1,113.30 Bn 7.23 Mn -
3 Oracle 528.84 Bn 490.27 Bn 15.14 Bn -
4 Palantir Technologies 306.36 Bn 298.44 Bn 1.42 Bn -
5 Palo Alto Networks 194.33 Bn 189.79 Bn 1.91 Bn -
6 CrowdStrike Holdings 171.19 Bn 168.13 Bn 993.68 Mn -
7 Fortinet 108.13 Bn 104.84 Bn 1.49 Bn -23.60 Mn
8 Synopsys 86.21 Bn 86.09 Bn 1.77 Bn 29.38 Mn
9 Cloudflare 80.35 Bn 79.41 Bn 455.60 Mn -
10 Progress Software 1.33 Bn 1.21 Bn 203.94 Mn -

Historic Data

Download Data
DateValue
Nov 30, 2023 -280,000.00
Nov 30, 2023 -280,000.00
Aug 31, 2023 -713,000.00
Aug 31, 2023 -713,000.00
May 31, 2023 -2.10 Mn
May 31, 2023 -2.10 Mn
Feb 28, 2023 604,000.00
Feb 28, 2023 604,000.00
Nov 30, 2022 292,000.00
Nov 30, 2022 292,000.00
Aug 31, 2022 2.00 Mn
Aug 31, 2022 2.00 Mn
May 31, 2022 -320,000.00
May 31, 2022 -320,000.00
Feb 28, 2022 -418,000.00
Feb 28, 2022 -418,000.00
Nov 30, 2021 -245,000.00
Nov 30, 2021 -245,000.00