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Progress Software (FRA:PGR) Accounts Payable & Accrued Expense : €87.1 Mil (As of Feb. 2025)


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What is Progress Software Accounts Payable & Accrued Expense?

Progress Software's quarterly accounts payable & accrued expense increased from Aug. 2024 (€79.8 Mil) to Nov. 2024 (€107.2 Mil) but then declined from Nov. 2024 (€107.2 Mil) to Feb. 2025 (€87.1 Mil).

Progress Software's annual accounts payable & accrued expense increased from Nov. 2022 (€75.2 Mil) to Nov. 2023 (€85.8 Mil) and increased from Nov. 2023 (€85.8 Mil) to Nov. 2024 (€107.2 Mil).

Progress Software Accounts Payable & Accrued Expense Historical Data

The historical data trend for Progress Software's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Progress Software Accounts Payable & Accrued Expense Chart

Progress Software Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.98 73.77 75.17 85.75 107.20

Progress Software Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.72 65.86 79.82 107.20 87.14

Progress Software Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Progress Software Business Description

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PRGS:USA
Address
15 Wayside Road, Suite 400, Burlington, MA, USA, 01803
Website
https://www.progress.com
Progress Software Corporation provides software operate in one operating segment: software products for the development, deployment, and management of responsible, AI-powered applications and digital experiences. Following are products: Chef, Corticon, Data Direct, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, WhatsUp Gold. Geographical regions include United States, Canada, EMEA, Latin America, and Asia Pacific.