Alphabet Inc Class A (GOOGL)

Receivables turnover

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	US$ in thousands	305,559,000	281,279,000	257,637,000	182,527,000	161,857,000
Receivables	US$ in thousands	47,964,000	40,258,000	40,270,000	31,384,000	27,492,000
Receivables turnover		6.37	6.99	6.40	5.82	5.89

December 31, 2023 calculation

Receivables turnover = Revenue ÷ Receivables
= $305,559,000K ÷ $47,964,000K
= 6.37

The receivables turnover of Alphabet Inc has fluctuated over the past five years. The ratio has ranged from 5.82 in 2020 to 7.03 in 2022, indicating varying efficiencies in collecting receivables. In 2023, the receivables turnover decreased to 6.41. This suggests that Alphabet Inc took approximately 6.41 days to collect its accounts receivable during the year, a slight decrease from the previous year. Overall, the trend indicates some fluctuations in the efficiency of Alphabet Inc in collecting payments from its customers over the years.