Alphabet Inc Class C (GOOG)
Inventory turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 146,306,000 | 143,268,000 | 140,023,000 | 136,432,000 | 133,332,000 | 131,099,000 | 129,028,000 | 127,216,000 | 126,203,000 | 123,849,000 | 120,312,000 | 116,435,000 | 110,939,000 | 104,031,000 | 97,527,000 | 89,853,000 | 84,732,000 | 79,672,000 | 76,123,000 | 74,866,000 |
| Inventory | US$ in thousands | — | — | — | — | — | 2,957,000 | 2,231,000 | 2,315,000 | 2,670,000 | 3,156,000 | 1,980,000 | 1,369,000 | 1,170,000 | 1,278,000 | 907,000 | 888,000 | 728,000 | 835,000 | 815,000 | 889,000 |
| 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 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $146,306,000K ÷ $—K
= —
The inventory turnover ratio is a key efficiency metric that measures how efficiently a company manages its inventory by assessing the number of times inventory is sold and replaced over a specific period. By analyzing the inventory turnover of Alphabet Inc Class C based on the provided data, we observe fluctuations in the ratio over the quarters.
From March 31, 2020, to June 30, 2022, the inventory turnover ratio consistently increased from 84.21 to 60.76, indicating an improvement in the company's inventory management efficiency. This upward trend suggests Alphabet Inc has been selling and replenishing its inventory at a faster pace during this period.
However, a significant drop in the inventory turnover ratio from June 30, 2022, to December 31, 2023, is noted, decreasing from 60.76 to 44.34. This decline may indicate challenges in managing inventory levels or slower sales relative to the volume of inventory held by the company during these quarters.
The absence of data for December 31, 2023, to December 31, 2024, prevents a complete analysis of the most recent period, but the overall trend highlights the importance of monitoring inventory turnover to assess operational efficiency and inventory management practices within Alphabet Inc Class C. Continued monitoring and evaluation of this ratio will be crucial for understanding the company's performance in handling its inventory in the future.
Peer comparison
Dec 31, 2024
Dec 31, 2024