Pegasystems Inc (PEGA)

Based on the provided data, Pegasystems Inc. reported that the days of inventory on hand (DOH) were consistently unspecified across the fiscal years ending December 31, 2020, through December 31, 2024. Specifically, the data indicates that the DOH figures are unavailable or not disclosed for each year within this period, as represented by the notation "— days."

This consistent absence of inventory data suggests that Pegasystems Inc. either maintains negligible physical inventory, which is typical for software and technology services companies that primarily deal with intangible assets, or that the company chose not to disclose detailed inventory metrics in its financial statements for these years.

As a software-oriented firm, it is common to have minimal inventory levels, often limited to office supplies or ancillary hardware, which do not significantly impact operational liquidity or inventory management metrics. Consequently, the absence of DOH data aligns with the nature of the company's business model, which relies mainly on intellectual property, software development, and cloud services rather than physical inventory management.

In broader analytical terms, the lack of inventory figures implies that inventory turnover ratios are not applicable or are minimal, reducing the relevance of inventory management analysis for assessing operational efficiency in Pegasystems Inc.

Peer comparison

Dec 31, 2024