Alphabet Inc Class A (GOOGL)

Days of inventory on hand (DOH)

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
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	71.97	49.10	67.95	58.97
DOH	days	—	8.23	6.31	6.64	7.72	9.30	6.01	4.29	3.85	4.48	3.39	3.61	3.14	3.83	3.91	4.33	5.07	7.43	5.37	6.19

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

Days of Inventory on Hand (DOH) is a financial ratio that measures the average number of days it takes for a company to sell its inventory. A lower DOH generally indicates that a company is efficiently managing its inventory, as it implies a quicker turnover of goods.

Analyzing the trend of Alphabet Inc's DOH over the past eight quarters, we observe fluctuations in the ratio. In the most recent quarter ending December 31, 2023, the DOH was not reported. However, in the preceding quarter ending September 30, 2023, the DOH stood at 8.23 days, indicating a slight increase from the prior quarter, where it was 6.31 days.

The upward trend in DOH from June 30, 2022 (6.01 days) to December 31, 2022 (9.30 days) might suggest a potential increase in the average time it takes for Alphabet Inc to sell its inventory during that period. Conversely, the decrease in DOH from December 31, 2022 (9.30 days) to March 31, 2023 (7.72 days) and then to June 30, 2023 (6.31 days) indicates improved inventory turnover efficiency during those quarters.

It is worth noting that the absence of reported data for DOH on December 31, 2023, makes it difficult to assess the current status of inventory management. It would be beneficial to monitor future filings to gain a comprehensive understanding of inventory turnover trends and how they might impact the company's overall financial performance.