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