Progress Software (PRGS) Change in Inventory (2021 - 2023)
Progress Software (PRGS) posted quarterly Change in Inventory of -$280000.0 for Q4 2023, down 195.89% year-over-year from $292000.0 in Q4 2022, and up 60.73% quarter-over-quarter from -$713000.0 in Q3 2023.
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 for Q4 2023 stood at -$280000.0, up from -$713000.0 in the prior quarter.
- The five-year high for Change in Inventory was $2.0 million in Q3 2022, with the low at -$2.1 million in Q2 2023.
- The 3-year median for Change in Inventory is -$280000.0 (2023), against an average of -$130888.9.
- Peak annual rise in Change in Inventory reached 244.5% in 2023, while the deepest fall reached 556.25% in 2023.
- Progress Software's Change in Inventory stood at -$245000.0 in 2021, then surged by 219.18% to $292000.0 in 2022, then plunged by 195.89% to -$280000.0 in 2023.
- Business Quant data shows PRGS's Change in Inventory at -$280000.0 in Q4 2023, -$713000.0 in Q3 2023, and -$2.1 million in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 178.00 Mn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | - |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 61.60 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | - |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 29.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | - |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | - |
| 10 | Progress Software | 1.81 Bn | 1.70 Bn | 208.59 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |