Progress Average Inventory from 2010 to 2024

PRGS Stock  USD 68.41  0.85  1.26%   
Progress Software Average Inventory yearly trend continues to be comparatively stable with very little volatility. Average Inventory will likely drop to 0.55 in 2024. Average Inventory is the average amount of inventory Progress Software holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. View All Fundamentals
 
Average Inventory  
First Reported
2010-12-31
Previous Quarter
0.57
Current Value
0.55
Quarterly Volatility
14.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Progress Software financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Progress Software's main balance sheet or income statement drivers, such as Depreciation And Amortization of 124.6 M, Interest Expense of 37.2 M or Total Revenue of 838.5 M, as well as many indicators such as Price To Sales Ratio of 2.44, Dividend Yield of 0.016 or PTB Ratio of 4.65. Progress financial statements analysis is a perfect complement when working with Progress Software Valuation or Volatility modules.
  
Check out the analysis of Progress Software Correlation against competitors.
For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.

Latest Progress Software's Average Inventory Growth Pattern

Below is the plot of the Average Inventory of Progress Software over the last few years. It is the average amount of inventory a company holds over a certain period, which is used to calculate inventory turnover and efficiency in managing stock levels. Progress Software's Average Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Progress Software's overall financial position and show how it may be relating to other accounts over time.
Average Inventory10 Years Trend
Slightly volatile
   Average Inventory   
       Timeline  

Progress Average Inventory Regression Statistics

Arithmetic Mean6,802,901
Geometric Mean18.71
Coefficient Of Variation207.02
Mean Deviation10,884,640
Median0.50
Standard Deviation14,083,341
Sample Variance198.3T
Range34M
R-Value(0.69)
Mean Square Error110.6T
R-Squared0.48
Significance0
Slope(2,186,646)
Total Sum of Squares2776.8T

Progress Average Inventory History

2024 0.55
2023 0.57
2013 0.5

About Progress Software Financial Statements

Progress Software shareholders use historical fundamental indicators, such as Average Inventory, to determine how well the company is positioned to perform in the future. Although Progress Software investors may analyze each financial statement separately, they are all interrelated. The changes in Progress Software's assets and liabilities, for example, are also reflected in the revenues and expenses on on Progress Software's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Average Inventory 0.57  0.55 

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Additional Tools for Progress Stock Analysis

When running Progress Software's price analysis, check to measure Progress Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.