Progress Accounts Payable vs Cash Analysis

PRGS Stock

USD 57.32 0.59 1.02%

Progress Software financial indicator trend analysis is much more than just breaking down Progress Software prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Progress Software is a good investment. Please check the relationship between Progress Software Accounts Payable and its Cash accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progress Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.

Accounts Payable vs Cash

Accounts Payable vs Cash Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Progress Software Accounts Payable account and Cash. At this time, the significance of the direction appears to have strong relationship.

The correlation between Progress Software's Accounts Payable and Cash is 0.63. Overlapping area represents the amount of variation of Accounts Payable that can explain the historical movement of Cash in the same time period over historical financial statements of Progress Software, assuming nothing else is changed. The correlation between historical values of Progress Software's Accounts Payable and Cash is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Accounts Payable of Progress Software are associated (or correlated) with its Cash. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash has no effect on the direction of Accounts Payable i.e., Progress Software's Accounts Payable and Cash go up and down completely randomly.

Correlation Coefficient

0.63

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Accounts Payable

An accounting item on the balance sheet that represents Progress Software obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Progress Software are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.

Cash

Cash refers to the most liquid asset of Progress Software, which is listed under current asset account on Progress Software balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Progress Software customers. The amounts must be unrestricted with restricted cash listed in a different Progress Software account. The total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts.

Most indicators from Progress Software's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Progress Software current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Progress Software. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.

For more information on how to buy Progress Stock please use our How to Invest in Progress Software guide.At this time, Progress Software's Selling General Administrative is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.14 in 2025, whereas Issuance Of Capital Stock is likely to drop slightly above 25.6 M in 2025.

	2022	2024	2025 (projected)
Interest Expense	30.8M	36.8M	38.7M
Depreciation And Amortization	103.1M	118.6M	124.6M

Interest Expense Depreciation And Amortization

Progress Software fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Short Term Investments
Total Assets		0.95	-0.05	0.98	0.25	0.18	0.88	-0.04	-0.09	0.99	0.9	-0.12	0.99	-0.39	0.98	-0.05	0.85	0.84	0.99	0.85	0.39	-0.14	0.98	-0.46	-0.38	0.76
Short Long Term Debt Total	0.95		-0.23	0.95	0.14	0.03	0.95	-0.23	-0.17	0.95	0.79	-0.24	0.98	-0.52	0.95	-0.09	0.87	0.95	0.96	0.71	0.32	-0.1	0.93	-0.64	-0.32	0.81
Other Current Liab	-0.05	-0.23		-0.02	0.25	0.48	-0.23	0.29	0.07	-0.06	0.17	0.24	-0.07	0.21	-0.12	-0.23	-0.14	-0.34	-0.1	0.12	0.04	-0.06	-0.08	0.5	-0.5	-0.4
Total Current Liabilities	0.98	0.95	-0.02		0.3	0.22	0.87	-0.08	-0.02	0.96	0.86	-0.05	0.98	-0.35	0.94	0.03	0.87	0.85	0.96	0.82	0.46	-0.1	0.94	-0.41	-0.5	0.72
Total Stockholder Equity	0.25	0.14	0.25	0.3		0.85	-0.13	0.77	0.8	0.15	0.13	0.77	0.24	0.62	0.06	0.38	0.44	0.04	0.1	0.56	0.91	0.62	0.07	0.48	-0.76	0.03
Property Plant And Equipment Net	0.18	0.03	0.48	0.22	0.85		-0.19	0.72	0.64	0.09	0.2	0.66	0.17	0.6	0.01	0.3	0.26	0.0	0.04	0.45	0.7	0.58	0.05	0.43	-0.7	-0.19
Net Debt	0.88	0.95	-0.23	0.87	-0.13	-0.19		-0.46	-0.45	0.91	0.75	-0.5	0.9	-0.73	0.93	-0.24	0.72	0.94	0.93	0.56	0.04	-0.34	0.92	-0.77	-0.15	0.77
Retained Earnings	-0.04	-0.23	0.29	-0.08	0.77	0.72	-0.46		0.73	-0.13	-0.05	0.77	-0.09	0.78	-0.2	0.25	0.08	-0.34	-0.18	0.42	0.58	0.59	-0.16	0.63	-0.33	-0.16
Cash	-0.09	-0.17	0.07	-0.02	0.8	0.64	-0.45	0.73		-0.2	-0.17	0.97	-0.1	0.77	-0.26	0.53	0.14	-0.24	-0.22	0.17	0.83	0.62	-0.28	0.63	-0.52	-0.12
Non Current Assets Total	0.99	0.95	-0.06	0.96	0.15	0.09	0.91	-0.13	-0.2		0.91	-0.23	0.98	-0.48	0.99	-0.12	0.82	0.86	1.0	0.81	0.29	-0.22	0.99	-0.53	-0.31	0.77
Non Currrent Assets Other	0.9	0.79	0.17	0.86	0.13	0.2	0.75	-0.05	-0.17	0.91		-0.18	0.87	-0.36	0.9	-0.02	0.65	0.65	0.9	0.75	0.24	-0.26	0.91	-0.33	-0.28	0.56
Cash And Short Term Investments	-0.12	-0.24	0.24	-0.05	0.77	0.66	-0.5	0.77	0.97	-0.23	-0.18		-0.14	0.8	-0.29	0.44	0.08	-0.33	-0.25	0.18	0.77	0.56	-0.3	0.71	-0.56	-0.2
Net Receivables	0.99	0.98	-0.07	0.98	0.24	0.17	0.9	-0.09	-0.1	0.98	0.87	-0.14		-0.42	0.97	-0.06	0.88	0.89	0.98	0.82	0.39	-0.09	0.96	-0.51	-0.41	0.77
Common Stock Shares Outstanding	-0.39	-0.52	0.21	-0.35	0.62	0.6	-0.73	0.78	0.77	-0.48	-0.36	0.8	-0.42		-0.54	0.61	-0.19	-0.57	-0.51	0.01	0.49	0.68	-0.53	0.84	-0.28	-0.44
Non Current Liabilities Total	0.98	0.95	-0.12	0.94	0.06	0.01	0.93	-0.2	-0.26	0.99	0.9	-0.29	0.97	-0.54		-0.15	0.79	0.86	1.0	0.76	0.22	-0.28	0.99	-0.59	-0.22	0.79
Inventory	-0.05	-0.09	-0.23	0.03	0.38	0.3	-0.24	0.25	0.53	-0.12	-0.02	0.44	-0.06	0.61	-0.15		0.06	-0.09	-0.12	0.02	0.47	0.48	-0.16	0.45	-0.13	-0.16
Other Current Assets	0.85	0.87	-0.14	0.87	0.44	0.26	0.72	0.08	0.14	0.82	0.65	0.08	0.88	-0.19	0.79	0.06		0.79	0.81	0.77	0.58	0.27	0.77	-0.36	-0.53	0.62
Other Stockholder Equity	0.84	0.95	-0.34	0.85	0.04	0.0	0.94	-0.34	-0.24	0.86	0.65	-0.33	0.89	-0.57	0.86	-0.09	0.79		0.86	0.55	0.22	-0.06	0.84	-0.77	-0.25	0.72
Total Liab	0.99	0.96	-0.1	0.96	0.1	0.04	0.93	-0.18	-0.22	1.0	0.9	-0.25	0.98	-0.51	1.0	-0.12	0.81	0.86		0.78	0.27	-0.25	0.99	-0.56	-0.27	0.79
Property Plant And Equipment Gross	0.85	0.71	0.12	0.82	0.56	0.45	0.56	0.42	0.17	0.81	0.75	0.18	0.82	0.01	0.76	0.02	0.77	0.55	0.78		0.56	0.11	0.79	-0.09	-0.48	0.62
Total Current Assets	0.39	0.32	0.04	0.46	0.91	0.7	0.04	0.58	0.83	0.29	0.24	0.77	0.39	0.49	0.22	0.47	0.58	0.22	0.27	0.56		0.53	0.21	0.34	-0.73	0.24
Short Term Debt	-0.14	-0.1	-0.06	-0.1	0.62	0.58	-0.34	0.59	0.62	-0.22	-0.26	0.56	-0.09	0.68	-0.28	0.48	0.27	-0.06	-0.25	0.11	0.53		-0.28	0.31	-0.31	-0.25
Intangible Assets	0.98	0.93	-0.08	0.94	0.07	0.05	0.92	-0.16	-0.28	0.99	0.91	-0.3	0.96	-0.53	0.99	-0.16	0.77	0.84	0.99	0.79	0.21	-0.28		-0.57	-0.23	0.76
Accounts Payable	-0.46	-0.64	0.5	-0.41	0.48	0.43	-0.77	0.63	0.63	-0.53	-0.33	0.71	-0.51	0.84	-0.59	0.45	-0.36	-0.77	-0.56	-0.09	0.34	0.31	-0.57		-0.29	-0.55
Common Stock Total Equity	-0.38	-0.32	-0.5	-0.5	-0.76	-0.7	-0.15	-0.33	-0.52	-0.31	-0.28	-0.56	-0.41	-0.28	-0.22	-0.13	-0.53	-0.25	-0.27	-0.48	-0.73	-0.31	-0.23	-0.29		-0.06
Short Term Investments	0.76	0.81	-0.4	0.72	0.03	-0.19	0.77	-0.16	-0.12	0.77	0.56	-0.2	0.77	-0.44	0.79	-0.16	0.62	0.72	0.79	0.62	0.24	-0.25	0.76	-0.55	-0.06

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Progress Software Account Relationship Matchups

Progress Software fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.4B	1.4B	1.6B	2.5B	2.9B	3.1B
Short Long Term Debt Total	591.4M	640.6M	747.1M	831.7M	956.5M	1.0B
Other Current Liab	19.5M	17.4M	20.8M	35.2M	40.5M	46.4M
Total Current Liabilities	322.9M	318.0M	352.1M	455.1M	523.4M	549.6M
Total Stockholder Equity	412.5M	394.0M	459.7M	438.8M	504.6M	343.4M
Property Plant And Equipment Net	39.6M	32.5M	33.9M	44.6M	51.3M	41.7M
Net Debt	435.9M	384.3M	620.1M	713.7M	820.7M	861.7M
Retained Earnings	57.8M	61.9M	120.9M	120.4M	138.5M	163.4M
Cash	155.4M	256.3M	127.0M	118.1M	135.8M	127.9M
Non Current Assets Total	1.0B	985.4M	1.3B	2.2B	2.5B	2.6B
Non Currrent Assets Other	10.3M	8.4M	8.3M	41.6M	47.8M	50.2M
Cash And Short Term Investments	157.4M	251.8M	127.0M	118.1M	135.8M	174.2M
Net Receivables	125.6M	127.0M	155.8M	198.2M	228.0M	239.4M
Common Stock Shares Outstanding	44.6M	44.2M	44.7M	44.4M	40.0M	44.1M
Liabilities And Stockholders Equity	1.4B	1.4B	1.6B	2.5B	2.9B	3.1B
Non Current Liabilities Total	628.1M	695.0M	791.0M	1.6B	1.9B	2.0B
Other Current Assets	54.8M	42.8M	48.0M	52.5M	60.4M	60.6M
Other Stockholder Equity	354.2M	331.7M	370.6M	354.2M	407.3M	427.6M
Total Liab	951.0M	1.0B	1.1B	2.1B	2.4B	2.5B
Property Plant And Equipment Gross	39.6M	32.5M	79.1M	89.3M	102.7M	107.8M
Total Current Assets	337.8M	421.5M	330.8M	368.8M	424.1M	292.0M
Accumulated Other Comprehensive Income	(32.4M)	(35.2M)	(32.2M)	(36.2M)	(32.6M)	(34.2M)
Short Term Debt	41.6M	21.2M	33.3M	9.2M	10.6M	15.0M
Intangible Assets	287.2M	217.4M	354.3M	723.6M	832.1M	873.7M
Accounts Payable	9.7M	9.3M	12.4M	13.9M	16.0M	15.2M
Common Stock Total Equity	450K	442K	441K	433K	389.7K	370.2K
Short Term Investments	19.4M	8.0M	2.0M	256.3M	230.6M	242.2M
Common Stock	354.7M	332.1M	438K	434K	499.1K	474.1K
Other Assets	34.6M	68.6M	27.8M	60.1M	69.1M	72.6M
Property Plant Equipment	29.8M	29.8M	39.6M	14.9M	13.4M	12.8M
Current Deferred Revenue	205.0M	227.7M	236.1M	332.1M	382.0M	401.1M
Good Will	671.2M	671.0M	832.1M	1.3B	1.5B	1.6B
Other Liab	24.0M	42M	70.5M	68.1M	78.3M	82.2M
Long Term Debt	534.5M	611.8M	710.9M	1.5B	1.8B	1.8B
Net Tangible Assets	(201.9M)	187.1M	(545.8M)	251.0M	225.9M	237.2M
Long Term Debt Total	284.0M	364.3M	534.5M	611.8M	703.6M	738.8M

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