Progress Software (MEX:PRGS) Days Sales Outstanding: 48.91 (As of May. 2026) — 18% Below Median

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MEX:PRGS Progress Software Corp MEX:PRGS
50 GF Score
Price MXN537.00
GF Value MXN949.11
Valuation Possible Value Trap
! 7 Warning Signs
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What is Progress Software Days Sales Outstanding?

Progress Software MEX:PRGS 50 Days Sales Outstanding is 48.91 as of May. 2026, which is 18% below its 10-year median of 59.72. GuruFocus rates MEX:PRGS with a GF Score™ of 50/100 and a GF Value™ of MXN949.11 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 2,772 Software companies, Progress Software ranks better than 56.39% on this metric.

Progress Software's average Accounts Receivable for the three months ended in May. 2026 was MXN2,357 Mil. Progress Software's Revenue for the three months ended in May. 2026 was MXN4,398 Mil. Hence, Progress Software's Days Sales Outstanding for the three months ended in May. 2026 was 48.91.

The historical rank and industry rank for Progress Software's Days Sales Outstanding or its related term are showing as below:

MEX:PRGS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.29   Med: 59.72   Max: 70.1
Current: 55.29

During the past 13 years, Progress Software's highest Days Sales Outstanding was 70.10. The lowest was 55.29. And the median was 59.72.

MEX:PRGS's Days Sales Outstanding is ranked better than
56.39% of 2772 companies
in the Software industry
Industry Median: 61.135 vs MEX:PRGS: 55.29

Progress Software's Days Sales Outstanding declined from May. 2025 (52.59) to May. 2026 (48.91).


Progress Software  (MEX:PRGS) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


Progress Software Days Sales Outstanding Related Terms


Progress Software Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Progress Software's Days Sales Outstanding 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.

Progress Software Days Sales Outstanding Chart

Progress Software Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.40 63.18 61.72 65.61 70.50

Progress Software Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Days Sales Outstanding 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 52.59 54.03 63.50 65.53 48.91

MEX:PRGS vs PICS, NN, APPN: Days Sales Outstanding Comparison

For the Software - Infrastructure subindustry, Progress Software's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Progress Software Days Sales Outstanding vs Software Industry

For the Software industry and Technology sector, Progress Software's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Progress Software's Days Sales Outstanding falls into.


MEX:PRGS
50GF Score
Progress Software Corp MEX:PRGS
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Progress Software Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Progress Software's Days Sales Outstanding for the fiscal year that ended in Nov. 2025 is calculated as

Days Sales Outstanding (A: Nov. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2024 ) + Accounts Receivable (A: Nov. 2025 )) / count ) / Revenue (A: Nov. 2025 )*Days in Period
=( (3333.78 + 3586.787) / 2 ) / 17914.078*365
=3460.2835 / 17914.078*365
=70.50

Progress Software's Days Sales Outstanding for the quarter that ended in May. 2026 is calculated as:

Days Sales Outstanding (Q: May. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Feb. 2026 ) + Accounts Receivable (A: May. 2026 )) / count ) / Revenue (A: May. 2026 )*Days in Period
=( (2541.982 + 2172.351) / 2 ) / 4397.567*365 / 4
=2357.1665 / 4397.567*365 / 4
=48.91

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 48.91 mean?
Progress Software (MEX:PRGS) has a Days Sales Outstanding of 48.91 as of May. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Progress Software and its competitors. This is 18% below median its historical median of 59.72. Over the past decade, Progress Software's Days Sales Outstanding has ranged from 55.29 to 70.10. According to the industry distribution chart, Progress Software ranks #1209 out of 2772 companies in the Software industry, placing it in the top 43.6%.
Is Progress Software's Days Sales Outstanding too high?
Progress Software's current Days Sales Outstanding of 48.91 is 18% below median its 10-year median of 59.72. Over the past 10 years, this metric has ranged from a low of 55.29 to a high of 70.10. The Software industry median Days Sales Outstanding is 61.14. Progress Software's value of 48.91 is 20% below this industry median. Based on the distribution chart, Progress Software ranks #1209 out of 2772 companies in the Software industry, which is above the industry midpoint. Overall, Progress Software has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Progress Software's Days Sales Outstanding compare to PICS and NN?
According to the Software industry distribution chart, Progress Software ranks #1209 out of 2772 companies for Days Sales Outstanding. This puts Progress Software in the upper half of its industry. The industry median Days Sales Outstanding is 61.14. Progress Software's value of 48.91 is 20% below this benchmark. Historically, Progress Software's own Days Sales Outstanding has ranged from 55.29 to 70.10 over the past decade. While the company's 10-year median is 59.72 vs. the industry median of 61.14, Progress Software has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Software company?
The median Days Sales Outstanding among Software companies is 61.14, based on 2,772 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Progress Software's current Days Sales Outstanding of 48.91 is 20% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Progress Software and its competitors. For the Software industry, the median Days Sales Outstanding is 61.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progress Software's current Days Sales Outstanding is 48.91, which is 18% below median its own 10-year median of 59.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progress Software stock overvalued right now?
Based on GuruFocus' analysis, Progress Software (MEX:PRGS) is currently considered Possible Value Trap. The stock's GF Value™ is MXN949.11, compared to a current price of MXN537.00 — trading 43.4% below its estimated fair value. The current Days Sales Outstanding is 48.91, which is 18% below median its 10-year median of 59.72 and 20% below the Software industry median of 61.14. Progress Software's overall GF Score™ is 50/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Progress Software (MEX:PRGS), the current Days Sales Outstanding is 48.91 as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Progress Software (MEX:PRGS) Overvalued in 2026?

Based on GuruFocus' analysis, Progress Software stock appears to be undervalued. The current stock price of MXN537.00 is trading 43.4% below its estimated GF Value™ of MXN949.11. GuruFocus considers Progress Software to be Possible Value Trap.

Key valuation signals for MEX:PRGS:

  • Days Sales Outstanding: 48.91 (18% below median its 10-year median of 59.72)
  • GF Value™: MXN949.11 vs. price of MXN537.00 (43.4% below fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 20% below the Software median (#1209 of 2772)

No single metric tells the full story. See the MEX:PRGS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Progress Software Business Description

Other Exchanges PRGS:USAPGR:Germany
Address 15 Wayside Road, Suite 400, Burlington, MA, USA, 01803
Progress Software Corp provides software products that enable customers to develop, deploy, and manage AI-powered applications and digital experiences. The Company operates across North America, Latin America, Europe, the Middle East and Africa (EMEA), and Asia Pacific through subsidiaries and distributors, generating a majority of its revenue from the United States. Its product portfolio includes Progress Agentic RAG, Automate MFT, Chef, Corticon, DataDirect, Developer Tools, Flowmon, Kemp LoadMaster, MarkLogic, MOVEit, OpenEdge, Semaphore, ShareFile, Sitefinity, and WhatsUp Gold, offering solutions for application development, data connectivity, DevOps automation, managed file transfer, network security, and digital experience. It generates maximum revenue from the United States.
50GF Score

Get the complete analysis for MEX:PRGS

Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN537.00
Price
MXN949.11
GF Value