Q2 Holdings (Q2 Holdings) Total Current Assets : $458.5 Mil (As of Mar. 2024)

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What is Q2 Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Q2 Holdings's total current assets for the quarter that ended in Mar. 2024 was $458.5 Mil.

Q2 Holdings Total Current Assets Historical Data

The historical data trend for Q2 Holdings's Total Current Assets 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 Total Current Assets Chart

Q2 Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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186.34

616.22

522.45

531.08

427.96

Q2 Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															375.12	379.20	396.70	427.96	458.50

Q2 Holdings Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Q2 Holdings's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	324.008	+	52.092	+	0	+	51.864
	=	428.0

Q2 Holdings's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	338.461	+	62.871	+	0	+	57.166
	=	458.5

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Q2 Holdings (NYSE:QTWO) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Q2 Holdings's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	338.461	-	763.416	+	0.75 * 54.292	+	0.5 * 0
=	-384.2

Q2 Holdings Total Current Assets 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 » Total Current Assets

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