Q2 Holdings (QTWO)
Number of days of payables
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Payables turnover | 36.56 | 16.64 | 30.76 | 25.83 | 28.93 | |
| Number of days of payables | days | 9.98 | 21.94 | 11.86 | 14.13 | 12.62 |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 36.56
= 9.98
Peer comparison
Dec 31, 2024
Company name
Symbol
Number of days of payables
Q2 Holdings
QTWO
9.98
Bentley Systems Inc
BSY
23.33
Guidewire Software Inc
GWRE
23.34