Q2 Holdings (QTWO)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Receivables turnover | 13.94 | 11.99 | 10.17 | 10.21 | 10.73 | |
| DSO | days | 26.19 | 30.44 | 35.90 | 35.73 | 34.00 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 13.94
= 26.19
Peer comparison
Dec 31, 2024
Company name
Symbol
DSO
Q2 Holdings
QTWO
26.19
Adobe Systems Incorporated
ADBE
35.17
Bentley Systems Inc
BSY
84.83
Fair Isaac Corporation
FICO
97.01
Guidewire Software Inc
GWRE
82.44
PTC Inc
PTC
133.39