Q2 Holdings (Q2 Holdings) Change In Inventory : $0.0 Mil (TTM As of Mar. 2024)

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What is Q2 Holdings Change In Inventory?

Q2 Holdings's change in inventory for the quarter that ended in Mar. 2024 was $0.0 Mil. It means Q2 Holdings's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Q2 Holdings's change in inventory for the fiscal year that ended in Dec. 2023 was $0.0 Mil. It means Q2 Holdings's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Q2 Holdings's Total Inventories for the quarter that ended in Mar. 2024 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Q2 Holdings's Days Inventory for the quarter that ended in Mar. 2024 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Q2 Holdings's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Q2 Holdings Change In Inventory Historical Data

The historical data trend for Q2 Holdings's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Q2 Holdings Change In Inventory Chart

Q2 Holdings Annual Data

Trend

Dec14

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Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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Q2 Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Q2 Holdings Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

Q2 Holdings (NYSE:QTWO) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Q2 Holdings's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	83.256	*	365 / 4
	=	0.00

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Q2 Holdings's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	83.256	/	0
	=	N/A

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Q2 Holdings's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	165.508
	=	0.00

Q2 Holdings Change In Inventory Related Terms

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Q2 Holdings (Q2 Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Q2 Holdings Inc (NYSE:QTWO) » Definitions » Change In Inventory

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Traded in Other Exchanges

0Q2:Germany

Address

10355 Pecan Park Boulevard, Austin, TX, USA, 78729

Website

https://www.q2ebanking.com

Q2 Holdings Inc. is a provider of cloud-based virtual banking solutions for regional financial institutions to deliver mobile banking services to retail and commercial end-users who wish to bank anywhere and anytime. Its solutions operate on an integrated tablet-first platform which provides financial institutions a comprehensive view of account holder activity and meets the regulatory and security requirements applicable to the industry. The firm generates revenue from subscription-based arrangements for software offerings, typically for five years. A large majority of the firm's revenue is generated in the United States.

Executives

John E Breeden	officer: EVP, Operations	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Kirk L Coleman	officer: Chief Banking Officer	10355 PECAN PARK BLVD, AUSITN TX 78729
Kim Rutledge	officer: SVP, Human Resources	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
James Offerdahl	director	11501 DOMAIN DRIVE, SUITE 200, AUSTIN TX 78758
Michael A. Volanoski	officer: Chief Revenue Officer	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
David J Mehok	officer: Chief Financial Officer	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
R. H. Seale	director, 10 percent owner, officer: Chairman	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Michael S Kerr	officer: SVP, General Counsel	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Jonathan Price	officer: SVP, Corp and Business Dev	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Matthew P Flake	director, officer: President and CEO	10355 PECAN PARK BOULEVARD CONTACT STREE, AUSTIN TX 78729
Barry G Benton	officer: SVP, General Counsel	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Lynn Antipas Tyson	director	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Rebecca Lynn Atchison	director	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Adam D Anderson	officer: EVP, Chief Technology Officer	13785 RESEARCH BLVD., SUITE 150, AUSTIN TX 78750
Bharath Oruganti	officer: SVP, Service Delivery	C/O SHORETEL, INC., 960 STEWART DRIVE, SUNNYVALE CA 94085