Q2 Holdings (Q2 Holdings) Change In Working Capital : $-24.9 Mil (TTM As of Mar. 2024)

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What is Q2 Holdings Change In Working Capital?

Q2 Holdings's change in working capital for the quarter that ended in Mar. 2024 was $-17.7 Mil.

Q2 Holdings's change in working capital for the fiscal year that ended in Dec. 2023 was $-25.7 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Q2 Holdings Change In Working Capital Historical Data

The historical data trend for Q2 Holdings's Change In Working Capital 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.

* Premium members only.

Q2 Holdings Change In Working Capital Chart

Q2 Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Working Capital

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-16.12

-26.89

-24.48

-20.49

-25.69

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 Working Capital	Get a 7-Day Free Trial															-18.55	-8.50	-8.28	9.63	-17.72

Q2 Holdings Change In Working Capital Calculation

Change In Working Capital 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 $-24.9 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows	Fiscal Years Ended	January 31,	(Amounts in millions)
Cash flows from operating activities:	2014	2013	2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net	(566)	(614)	(796)
Inventories	(1,667)	(2,759)	(3,727)
Accounts payable	531	1,061	2,687
Accrued liabilities	103	271	(935)
Accrued income taxes	(1,224)	981	994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

Q2 Holdings Change In Working Capital 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 Working Capital

Comparable Companies

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