Progress Operating Cycle from 2010 to 2024

PRGS Stock  USD 68.41  0.85  1.26%   
Progress Software Operating Cycle yearly trend continues to be comparatively stable with very little volatility. Operating Cycle is likely to outpace its year average in 2024. From the period from 2010 to 2024, Progress Software Operating Cycle quarterly data regression had r-value of (0.30) and coefficient of variation of  119.11. View All Fundamentals
 
Operating Cycle  
First Reported
2010-12-31
Previous Quarter
94.17
Current Value
98.87
Quarterly Volatility
146.86858248
 
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 Operating Cycle Growth Pattern

Below is the plot of the Operating Cycle of Progress Software over the last few years. It is Progress Software's Operating Cycle 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.
Operating Cycle10 Years Trend
Slightly volatile
   Operating Cycle   
       Timeline  

Progress Operating Cycle Regression Statistics

Arithmetic Mean123.31
Geometric Mean95.27
Coefficient Of Variation119.11
Mean Deviation74.37
Median87.66
Standard Deviation146.87
Sample Variance21,570
Range591
R-Value(0.30)
Mean Square Error21,076
R-Squared0.09
Significance0.27
Slope(10.00)
Total Sum of Squares301,985

Progress Operating Cycle History

2024 98.87
2023 94.17
2022 81.88
2021 96.47
2020 157.28
2019 89.95
2018 73.92

About Progress Software Financial Statements

Progress Software shareholders use historical fundamental indicators, such as Operating Cycle, 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
Operating Cycle 94.17  98.87 

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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.