Alphabet Inc Class A (GOOGL)

Number of days of payables

		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
Payables turnover		17.79	22.59	24.29	30.41	24.61	19.65	27.29	33.89	18.38	22.54	20.72	18.72	15.16	18.14	18.73	18.26	12.93	16.61	16.69	16.74
Number of days of payables	days	20.51	16.16	15.03	12.00	14.83	18.58	13.38	10.77	19.86	16.20	17.62	19.50	24.08	20.12	19.49	19.98	28.23	21.98	21.87	21.81

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 shown fluctuations over the past several quarters. On December 31, 2023, the number of days of payables was 20.52 days, which increased from 16.15 days on September 30, 2023. This indicates that the company took longer to pay its suppliers and other creditors at the end of the year compared to the previous quarter.

Looking further back, there was a noticeable increase in the number of days of payables from June 30, 2022, to September 30, 2022. However, the trend reversed, and the days of payables decreased from 18.58 days on September 30, 2022, to 10.77 days on March 31, 2022. This implies that Alphabet Inc became more efficient in paying its payables during this period.

Overall, the fluctuations in the number of days of payables may indicate changes in Alphabet Inc's payment terms with suppliers and its ability to manage working capital. The company's management and investors may closely monitor this ratio to assess the efficiency of its payables management and its impact on the company's cash flow and working capital.