Q2 Holdings (QTWO)
Payables turnover
Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cost of revenue (ttm) | US$ in thousands | 351,993 | 352,260 | 351,599 | 345,622 | 340,494 | 330,346 | 321,973 | 321,588 | 318,649 | 315,367 | 309,328 | 301,395 | 293,226 | 284,038 | 273,685 | 265,754 | 253,394 | 238,364 | 228,152 | 208,478 |
Payables | US$ in thousands | 6,136 | 14,580 | 9,354 | 13,230 | 14,249 | 12,599 | 19,353 | 15,113 | 14,139 | 13,906 | 10,055 | 11,660 | 12,850 | 13,418 | 10,597 | 5,402 | 11,357 | 14,263 | 7,887 | 15,414 |
Payables turnover | 57.37 | 24.16 | 37.59 | 26.12 | 23.90 | 26.22 | 16.64 | 21.28 | 22.54 | 22.68 | 30.76 | 25.85 | 22.82 | 21.17 | 25.83 | 49.20 | 22.31 | 16.71 | 28.93 | 13.53 |
June 30, 2025 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $351,993K ÷ $6,136K
= 57.37
Peer comparison
Jun 30, 2025
Company name
Symbol
Payables turnover
Q2 Holdings
QTWO
57.37
Bentley Systems Inc
BSY
11.25
Guidewire Software Inc
GWRE
15.64