Progress Software (STU:PGR) Book to Bill Ratio : 0.00 (As of . 20)

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What is Progress Software Book to Bill Ratio?

Book to Bill Ratio is the ratio of orders received to units billed for a specified period.

The historical rank and industry rank for Progress Software's Book to Bill Ratio or its related term are showing as below:

STU:PGR's Book to Bill Ratio is not ranked ^*
in the Software industry.
Industry Median:
* Ranked among companies with meaningful Book to Bill Ratio only.

Progress Software Book to Bill Ratio Historical Data

The historical data trend for Progress Software's Book to Bill Ratio 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.

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Progress Software Book to Bill Ratio Chart

Progress Software (STU:PGR) Book to Bill Ratio Calculation

Book to Bill Ratio is calculated as

Book to Bill Ratio

Orders Received

Orders Shipped

Progress Software (STU:PGR) Book to Bill Ratio Explanation

The book-to-bill ratio is the ratio of orders received to units shipped and billed for a specified period, generally a month or quarter. It is a widely used metric in the technology industry, specifically in the semiconductor equipment sector. The book-to-bill ratio reveals how quickly a business fulfills the demand for its products.

Investors and analysts closely watch this ratio for an indication of the performance and outlook for individual companies and the technology sector as a whole. A ratio above 1.0 implies more orders were received than filled, indicating strong demand, while a ratio below 1.0 implies weaker demand.

Progress Software Book to Bill Ratio Related Terms

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Progress Software (STU:PGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Progress Software Corp (STU:PGR) » Definitions » Book to Bill Ratio

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Traded in Other Exchanges

PRGS:USA

Address

15 Wayside Road, Suite 400, Burlington, MA, USA, 01803

Website

https://www.progress.com

Progress Software Corporation is a provider of cloud-based security solutions to large- and mid-sized organizations in a wide range of industries. Its product includes OpenEdge; Chef; Developer Tools; Kemp LoadMaster; MOVEit; DataDirect; WhatsUp Gold; Sitefinity; Flowmon and Corticon. The company derives revenue from perpetual licenses to its products, but some products also use term licensing models. Its cloud-based offerings use a subscription-based model. A majority of the firm's revenue is generated in the United States and also has a presence in Canada, the Middle East, and Africa (EMEA), Latin America, and Asia Pacific.