Alphabet Inc Class A (GOOGL)
Inventory turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 146,306,000 | 143,268,000 | 140,023,000 | 136,432,000 | 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 |
| 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 |
| 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 |
December 31, 2024 calculation
Inventory turnover = Cost of revenue (ttm) ÷ Inventory
= $146,306,000K ÷ $—K
= —
Inventory turnover is a key financial ratio that measures how efficiently a company manages its inventory by indicating the number of times inventory is sold and replaced over a specific period. For Alphabet Inc Class A, the inventory turnover ratio has fluctuated over the past few years.
From March 31, 2020, to June 30, 2022, the inventory turnover ratio increased steadily from 84.21 to 60.76, indicating that the company's inventory was being sold and replaced more frequently during this period. This trend suggests improved inventory management efficiency.
However, there was a notable decrease in inventory turnover from June 30, 2022, to September 30, 2023, where the ratio dropped from 60.76 to 44.34. This decline may indicate possible challenges in managing inventory levels effectively or changes in demand for Alphabet's products.
The absence of data for inventory turnover beyond December 31, 2023, limits the ability to evaluate the most recent trends in inventory management for Alphabet Inc Class A. It is important for investors and stakeholders to monitor future financial reports to assess whether the company is able to maintain a healthy balance between inventory levels and sales.
Peer comparison
Dec 31, 2024
Dec 31, 2024