Progress Software (PRGS) Change in Inventory (2021 - 2023)
Progress Software (PRGS) posted Change in Inventory of -$280000.0 for Q4 2023, up 60.73% on a QoQ basis from -$713000.0 in Q3 2023, and down 195.89% year-over-year from $292000.0 in Q4 2022.
Analysis
Progress Software (PRGS) Change in Inventory (2021 - 2023) Analysis & Trends
Progress Software has reported Change in Inventory for 3 years, with the latest figure at -$280000.0 in 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 was -$280000.0 for Q4 2023 at Progress Software, 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.
- Average Change in Inventory over 3 years is -$130888.9, with a median of -$280000.0 recorded in 2023.
- The largest YoY upside for Change in Inventory was 244.5% in 2023 against a maximum downside of 556.25% in 2023.
- Over 3 years, Change in Inventory stood at -$245000.0 in 2021, then jumped by 219.18% to $292000.0 in 2022, then plunged 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Unity Software | 18.69 Bn | 16.34 Bn | 434.76 Mn | - |
| 2 | JFrog | 10.57 Bn | 9.74 Bn | 127.62 Mn | - |
| 3 | Gitlab | 7.94 Bn | 6.68 Bn | 240.62 Mn | - |
| 4 | Aurora Mobile | 4.05 Bn | 4.02 Bn | 10.20 Mn | - |
| 5 | Progress Software | 1.77 Bn | 1.66 Bn | 208.59 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Nov 30, 2023 | -280,000.00 |
| Aug 31, 2023 | -713,000.00 |
| May 31, 2023 | -2.10 Mn |
| Feb 28, 2023 | 604,000.00 |
| Nov 30, 2022 | 292,000.00 |
| Aug 31, 2022 | 2.00 Mn |
| May 31, 2022 | -320,000.00 |
| Feb 28, 2022 | -418,000.00 |
| Nov 30, 2021 | -245,000.00 |