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

Progress Software's (PRGS) quarterly Change in Inventory came in at -$280000.0 in Q4 2023, down 195.89% year-on-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.

  • On a quarterly basis, Change in Inventory fell 195.89% year-over-year to -$280000.0 in Q4 2023; TTM through Aug 2024 was -$280000.0, a 85.39% increase from a year earlier, with the FY2023 full-year figure at -$2.5 million, down 259.96% from the prior year.
  • Change in Inventory rose to -$280000.0 in Q4 2023 per PRGS's latest filing, from -$713000.0 in the prior quarter.
  • Across five years, Change in Inventory topped out at $2.0 million in Q3 2022 and bottomed 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.
  • Biggest YoY gain for Change in Inventory was 244.5% in 2023; the steepest drop was 556.25% in 2023.
  • Year by year, Change in Inventory stood at -$245000.0 in 2021, then soared by 219.18% to $292000.0 in 2022, then tumbled by 195.89% to -$280000.0 in 2023.
  • Per Business Quant, the three latest PRGS Change in Inventory figures stand at -$280000.0 (Q4 2023), -$713000.0 (Q3 2023), and -$2.1 million (Q2 2023).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 161.00 Mn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -
3 Oracle 344.13 Bn 312.24 Bn - -
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn -
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn -
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn -
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn -23.60 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -
10 Progress Software 1.68 Bn 1.58 Bn 208.59 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