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
—