Progress Software Corporation (PRGS)

Working capital turnover

Nov 30, 2025 Nov 30, 2024 Nov 30, 2023 Nov 30, 2022 Nov 30, 2021
Revenue US$ in thousands 977,831 753,409 694,439 602,013 531,313
Total current assets US$ in thousands 399,965 368,813 330,788 426,053 337,808
Total current liabilities US$ in thousands 809,734 455,145 352,118 318,004 322,929
Working capital turnover 5.57 35.71

November 30, 2025 calculation

Working capital turnover = Revenue ÷ (Total current assets – Total current liabilities)
= $977,831K ÷ ($399,965K – $809,734K)
= —


Peer comparison

Nov 30, 2025

Company name
Symbol
Working capital turnover
Progress Software Corporation
PRGS
F5 Networks Inc
FFIV
3.41
Nutanix Inc
NTNX
2.48
Palo Alto Networks Inc
PANW
Synopsys Inc
SNPS
3.08