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
Bentley Systems Inc
BSY
84.83
Guidewire Software Inc
GWRE
82.44