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| 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 |