Alphabet Inc Class C (GOOG)

Inventory turnover

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cost of revenue	US$ in thousands	146,306,000	133,332,000	126,203,000	110,939,000	84,732,000
Inventory	US$ in thousands	—	—	2,670,000	1,170,000	728,000
Inventory turnover		—	—	47.27	94.82	116.39

December 31, 2024 calculation

Inventory turnover = Cost of revenue ÷ Inventory
= $146,306,000K ÷ $—K
= —

The inventory turnover for Alphabet Inc Class C has exhibited a declining trend over the years. In December 31, 2020, the inventory turnover stood at 116.39, indicating that the company sold and replaced its inventory more than 116 times during that year. However, by December 31, 2023, and December 31, 2024, the inventory turnover figures were not available, denoted by "—", suggesting a lack of data or a non-disclosure of information. In December 31, 2021, the inventory turnover decreased to 94.82, reflecting a slightly slower rate of inventory turnover compared to the previous year. Subsequently, by December 31, 2022, the inventory turnover dropped further to 47.27, signaling a significant decrease in the efficiency of managing and selling inventory. This declining trend in inventory turnover may indicate potential issues such as excess inventory levels, ineffective inventory management, or changing market dynamics affecting the company's ability to efficiently turn over its inventory. It is essential for Alphabet Inc to assess and improve its inventory turnover to optimize its inventory management practices and enhance operational efficiency.