Alphabet Inc Class A (GOOGL)
Inventory turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 133,332,000 | 131,099,000 | 129,028,000 | 127,216,000 | 126,203,000 | 123,849,000 | 120,312,000 | 116,435,000 | 110,939,000 | 104,031,000 | 97,527,000 | 89,853,000 | 84,732,000 | 79,672,000 | 76,123,000 | 74,866,000 | 71,896,000 | 68,794,000 | 65,507,000 | 62,094,000 |
| Inventory | US$ in thousands | — | 2,957,000 | 2,231,000 | 2,315,000 | 2,670,000 | 3,156,000 | 1,980,000 | 1,369,000 | 1,170,000 | 1,278,000 | 907,000 | 888,000 | 728,000 | 835,000 | 815,000 | 889,000 | 999,000 | 1,401,000 | 964,000 | 1,053,000 |
| 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 |
December 31, 2023 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $133,332,000K ÷ $—K
= —
To analyze Alphabet Inc's inventory turnover, we can calculate the average inventory turnover for the periods provided. Inventory turnover measures how efficiently a company manages its inventory by indicating the number of times inventory is sold and replaced over a specific period.
First, we sum the inventory turnover values for each period and divide the total by the number of periods to obtain the average. The average inventory turnover for Alphabet Inc over the provided periods is:
(44.34 + 57.84 + 54.96 + 47.28 + 39.24 + 60.76 + 85.05) / 7 = 55.55
Alphabet Inc's average inventory turnover over these periods is 55.55. This indicates that, on average, the company sold and replaced its inventory 55.55 times during the period, suggesting efficient inventory management.
However, it is essential to consider industry benchmarks and historical performance when interpreting inventory turnover. Comparing this ratio to industry averages and historical data for Alphabet Inc can provide further insights into the company's inventory management efficiency.
Peer comparison
Dec 31, 2023
Dec 31, 2023