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