Q2 Holdings (QTWO)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 696,464 | 624,624 | 565,673 | 498,720 | 402,751 |
| Receivables | US$ in thousands | 49,972 | 52,092 | 55,644 | 48,824 | 37,518 |
| Receivables turnover | 13.94 | 11.99 | 10.17 | 10.21 | 10.73 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $696,464K ÷ $49,972K
= 13.94
Peer comparison
Dec 31, 2024
Company name
Symbol
Receivables turnover
Q2 Holdings
QTWO
13.94
Bentley Systems Inc
BSY
4.30
Guidewire Software Inc
GWRE
4.43