Alphabet Inc Class C (GOOG)
Days of inventory on hand (DOH)
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 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Inventory turnover | — | — | — | — | — | 44.34 | 57.83 | 54.95 | 47.27 | 39.24 | 60.76 | 85.05 | 94.82 | 81.40 | 107.53 | 101.19 | 116.39 | 95.42 | 93.40 | 84.21 | |
DOH | days | — | — | — | — | — | 8.23 | 6.31 | 6.64 | 7.72 | 9.30 | 6.01 | 4.29 | 3.85 | 4.48 | 3.39 | 3.61 | 3.14 | 3.83 | 3.91 | 4.33 |
December 31, 2024 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
Days of Inventory on Hand (DOH) is a financial ratio that measures the average number of days it takes for a company to sell its inventory. A lower DOH is generally considered more favorable as it indicates the company is efficiently managing its inventory levels.
Analyzing the DOH trend for Alphabet Inc Class C from March 31, 2020, to June 30, 2024, we observe fluctuations in the metric. The DOH decreased from 4.33 days on March 31, 2020, to a low of 3.14 days on December 31, 2020, suggesting improved inventory management efficiency during that period. Subsequently, the DOH increased to 9.30 days on September 30, 2022, before gradually decreasing to 6.31 days on June 30, 2023.
The significant increase in DOH from September 30, 2022, to December 31, 2022, followed by a decline by June 30, 2023, indicates potential fluctuations in inventory levels, possibly due to changes in demand, production, or supply chain disruptions. The DOH increasing again to 8.23 days on September 30, 2023, suggests a prolonged period of inventory turnover compared to earlier periods.
As of December 31, 2023, the DOH data is unavailable, which hinders the complete assessment of the trend. The subsequent quarters up to June 30, 2024, also lack data, making it challenging to analyze the current state of Alphabet Inc Class C's inventory management efficiency.
In conclusion, while the historical data provides insights into Alphabet Inc Class C's inventory turnover, the incomplete information limits a thorough assessment of the company's recent inventory management performance. Monitoring future DOH figures will be essential to gauge any ongoing trends or changes in Alphabet Inc Class C's inventory efficiency.
Peer comparison
Dec 31, 2024
See also:
Alphabet Inc Class C Average Inventory Processing Period (Quarterly Data)