Alphabet Inc Class A (GOOGL)
Days of inventory on hand (DOH)
Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
---|---|---|---|---|---|---|
Inventory turnover | — | 47.27 | 94.82 | 116.39 | 71.97 | |
DOH | days | — | 7.72 | 3.85 | 3.14 | 5.07 |
December 31, 2023 calculation
DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —
The days of inventory on hand (DOH) for Alphabet Inc have fluctuated over the past five years. In 2019, the DOH stood at 5.07 days, indicating that the company held inventory for an average of approximately five days. However, this figure decreased to 3.14 days in 2020, suggesting an improvement in inventory management efficiency. Subsequently, in 2021, Alphabet Inc reduced its DOH further to 3.85 days, before experiencing an increase to 7.72 days in 2022. The absence of data for 2023 prevents a direct comparison, but it is evident that the DOH has been variable in recent years. This trend may imply changes in demand, production processes, or inventory control policies within the company. Overall, a lower DOH signifies more effective inventory management, while a higher DOH may suggest potential challenges in managing and selling inventory efficiently.
Peer comparison
Dec 31, 2023