Alphabet Inc Class A (GOOGL)

Number of days of payables

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Payables turnover		17.79	24.61	18.38	15.16	12.93
Number of days of payables	days	20.51	14.83	19.86	24.08	28.23

December 31, 2023 calculation

Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 17.79
= 20.51

The number of days of payables for Alphabet Inc has exhibited a fluctuating trend over the past five years. As of December 31, 2023, the company's days of payables stood at 20.52 days, representing an increase from the prior year's figure of 14.83 days. This suggests that Alphabet Inc took longer to pay its suppliers and vendors in 2023 compared to 2022.

While the increase in days of payables may indicate a potential strain on supplier relationships, it can also signify a more efficient management of cash flow. However, it is important to assess this ratio in conjunction with other financial metrics to gain a comprehensive understanding of the company's liquidity and working capital management.