Progress Software PRGS
NASDAQ PRGS
$42.17 -1.88 (-4.26%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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