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