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
Adobe Systems Incorporated
ADBE
6.21
Bentley Systems Inc
BSY
11.25
Fair Isaac Corporation
FICO
2.41
Guidewire Software Inc
GWRE
15.64
PTC Inc
PTC
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