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
Adobe Systems Incorporated
ADBE
10.38
Bentley Systems Inc
BSY
4.30
Fair Isaac Corporation
FICO
3.76
Guidewire Software Inc
GWRE
4.43
PTC Inc
PTC
2.74