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| 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 |