Progress Payables Turnover from 2010 to 2025

PRGS Stock  USD 55.16  0.16  0.29%   
Progress Software Payables Turnover yearly trend continues to be comparatively stable with very little volatility. Payables Turnover will likely drop to 4.87 in 2025. Payables Turnover is a liquidity ratio that shows how quickly Progress Software pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
8.44
Current Value
4.87
Quarterly Volatility
2.24504846
 
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 38.7 M or Total Revenue of 909.7 M, as well as many indicators such as Price To Sales Ratio of 2.46, Dividend Yield of 0.0154 or PTB Ratio of 4.73. 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 Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Progress Software over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Progress Software's Payables Turnover 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.
Payables Turnover10 Years Trend
Slightly volatile
   Payables Turnover   
       Timeline  

Progress Payables Turnover Regression Statistics

Arithmetic Mean6.70
Geometric Mean6.32
Coefficient Of Variation33.50
Mean Deviation1.84
Median7.10
Standard Deviation2.25
Sample Variance5.04
Range7.3158
R-Value0.60
Mean Square Error3.46
R-Squared0.36
Significance0.01
Slope0.28
Total Sum of Squares75.60

Progress Payables Turnover History

2025 4.87
2024 8.44
2023 9.38
2022 10.23
2021 10.18
2020 8.1
2019 6.23

About Progress Software Financial Statements

Progress Software shareholders use historical fundamental indicators, such as Payables Turnover, 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
Payables Turnover 8.44  4.87 

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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.