Alphabet Inc Class C (GOOG)
Number of days of payables
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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Payables turnover | 18.32 | 20.32 | 22.98 | 22.01 | 17.79 | 22.59 | 24.29 | 30.41 | 24.61 | 19.65 | 27.29 | 33.89 | 18.38 | 22.54 | 20.72 | 18.72 | 15.16 | 18.14 | 18.73 | 18.26 | |
Number of days of payables | days | 19.93 | 17.96 | 15.88 | 16.58 | 20.51 | 16.16 | 15.03 | 12.00 | 14.83 | 18.58 | 13.38 | 10.77 | 19.86 | 16.20 | 17.62 | 19.50 | 24.08 | 20.12 | 19.49 | 19.98 |
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 some fluctuations over the past few years. The trend indicates that the company takes, on average, about 17 to 20 days to pay its creditors.
From March 2020 to December 2020, the number of days of payables increased from around 20 days to 24 days, suggesting a slight delay in settling its payables. However, from March 2021 to September 2021, there was a noticeable improvement, with the number of days decreasing to around 16 days.
In the most recent periods, the trend continues to fluctuate but generally stays within the range of 10 to 20 days. This indicates that Alphabet Inc Class C generally manages its accounts payable efficiently, with occasional variations in payment timing.
Overall, the company seems to strike a balance between managing its cash flow effectively and maintaining good relationships with its suppliers by settling its payables within a reasonable timeframe.
Peer comparison
Dec 31, 2024
See also:
Alphabet Inc Class C Average Payables Payment Period (Quarterly Data)