Q2 Holdings (QTWO)
Total asset 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 |
| Total assets | US$ in thousands | 1,294,800 | 1,201,420 | 1,349,730 | 1,385,040 | 1,416,700 |
| Total asset turnover | 0.54 | 0.52 | 0.42 | 0.36 | 0.28 |
December 31, 2024 calculation
Total asset turnover = Revenue ÷ Total assets
= $696,464K ÷ $1,294,800K
= 0.54
Peer comparison
Dec 31, 2024
Company name
Symbol
Total asset turnover
Q2 Holdings
QTWO
0.54
Bentley Systems Inc
BSY
0.40
Guidewire Software Inc
GWRE
0.44