Q2 Holdings (QTWO)

Inventory turnover

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cost of revenue US$ in thousands 341,983 321,973 309,328 273,685 228,152
Inventory US$ in thousands 40,239 31,247 35,369 30,782
Inventory turnover 8.00 9.90 7.74 7.41

December 31, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $341,983K ÷ $—K
= —


Peer comparison

Dec 31, 2024

Company name
Symbol
Inventory turnover
Q2 Holdings
QTWO
Bentley Systems Inc
BSY
Guidewire Software Inc
GWRE