Q2 Holdings (QTWO)
Working capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 742,949 | 720,691 | 696,464 | 675,537 | 655,483 | 637,124 | 624,624 | 609,048 | 598,832 | 584,610 | 565,673 | 551,022 | 533,007 | 516,271 | 498,720 | 475,815 | 452,883 | 426,891 | 402,751 | 380,605 |
| Total current assets | US$ in thousands | 659,746 | 618,775 | 558,660 | 526,339 | 455,313 | 421,131 | 427,964 | 396,695 | 379,202 | 375,115 | 531,076 | 499,294 | 496,207 | 511,590 | 522,450 | 504,081 | 495,359 | 616,944 | 616,216 | 480,593 |
| Total current liabilities | US$ in thousands | 732,281 | 432,160 | 398,900 | 210,804 | 201,204 | 192,652 | 191,563 | 176,092 | 168,899 | 176,901 | 192,042 | 166,228 | 160,291 | 171,847 | 168,358 | 163,938 | 153,035 | 153,403 | 145,826 | 145,055 |
| Working capital turnover | — | 3.86 | 4.36 | 2.14 | 2.58 | 2.79 | 2.64 | 2.76 | 2.85 | 2.95 | 1.67 | 1.65 | 1.59 | 1.52 | 1.41 | 1.40 | 1.32 | 0.92 | 0.86 | 1.13 |
June 30, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $742,949K ÷ ($659,746K – $732,281K)
= —
Peer comparison
Jun 30, 2025
Company name
Symbol
Working capital turnover
Q2 Holdings
QTWO
—
Bentley Systems Inc
BSY
—
Guidewire Software Inc
GWRE
1.25