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.


See also:

Alphabet Inc Class C Average Payables Payment Period (Quarterly Data)