Alphabet Inc Class C (GOOG)

Number of days of payables

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Payables turnover		18.32	17.79	24.61	18.38	15.16
Number of days of payables	days	19.93	20.51	14.83	19.86	24.08

December 31, 2024 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 18.32
= 19.93

The number of days of payables for Alphabet Inc Class C has shown a declining trend over the years, decreasing from 24.08 days as of December 31, 2020, to 19.86 days as of December 31, 2021, further dropping to 14.83 days by December 31, 2022. However, there was a slight increase to 20.51 days by December 31, 2023, followed by a slight decrease to 19.93 days by December 31, 2024.

This decreasing trend in the number of days of payables indicates that Alphabet Inc Class C has been able to manage its accounts payable more efficiently over the years, potentially negotiating better payment terms with its suppliers or managing its working capital more effectively.

A lower number of days of payables suggests that the company takes fewer days to pay its suppliers, which could indicate a stronger bargaining position or operational efficiency. However, it is important to note that an excessively low number of days of payables could also indicate a cash flow issue or strained supplier relationships.

Overall, the decreasing trend in Alphabet Inc Class C's number of days of payables reflects positively on its financial management practices and working capital efficiency.