Alphabet Inc Class A (GOOGL)
Inventory turnover
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Cost of revenue | US$ in thousands | 146,306,000 | 133,332,000 | 126,203,000 | 110,939,000 | 84,732,000 |
Inventory | US$ in thousands | — | — | 2,670,000 | 1,170,000 | 728,000 |
Inventory turnover | — | — | 47.27 | 94.82 | 116.39 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue ÷ Inventory
= $146,306,000K ÷ $—K
= —
Alphabet Inc Class A's inventory turnover has experienced a declining trend over the years. In December 31, 2020, the inventory turnover stood at 116.39, indicating that the company's inventory was sold and replaced approximately 116 times during that year. However, by December 31, 2021, the turnover decreased to 94.82, suggesting a slower rate of inventory turnover compared to the previous year.
The trend continued in December 31, 2022, with the inventory turnover further decreasing to 47.27. This significant drop may indicate challenges in effectively managing and selling inventory. The absence of data for December 31, 2023 and 2024 prevents a complete assessment of the inventory turnover performance for those years.
Overall, the decreasing trend in inventory turnover from 2020 to 2022 signals potential issues with inventory management efficiency at Alphabet Inc Class A. Further analysis and investigation into the factors influencing this decline would be necessary to improve inventory turnover and optimize operational performance.
Peer comparison
Dec 31, 2024