Progress Software Corporation (PRGS)

Working capital turnover

Nov 30, 2025 Aug 31, 2025 May 31, 2025 Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021
Revenue (ttm) US$ in thousands 977,831 940,126 869,017 806,739 753,409 715,418 711,724 714,898 694,439 674,596 650,821 621,317 602,013 585,014 581,214 554,955 531,313 513,570 475,852 453,747
Total current assets US$ in thousands 399,965 335,545 325,651 340,675 368,813 388,557 342,983 297,256 330,788 302,840 281,082 292,701 426,053 364,434 355,869 342,622 337,808 508,897 470,968 239,309
Total current liabilities US$ in thousands 809,734 769,809 750,271 428,541 455,145 314,908 307,221 312,208 352,118 324,703 323,494 337,157 318,004 279,683 284,229 283,730 322,929 271,608 266,077 265,740
Working capital turnover 9.71 19.90 5.57 6.90 8.11 9.42 35.71 2.16 2.32

November 30, 2025 calculation

Working capital turnover = Revenue (ttm) ÷ (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
2.16
Palo Alto Networks Inc
PANW
Synopsys Inc
SNPS
3.08