Alphabet Inc Class A (GOOGL)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 348,963,000 | 305,559,000 | 281,279,000 | 257,637,000 | 182,527,000 |
| Receivables | US$ in thousands | 52,340,000 | 47,964,000 | 40,258,000 | 40,270,000 | 31,384,000 |
| Receivables turnover | 6.67 | 6.37 | 6.99 | 6.40 | 5.82 |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $348,963,000K ÷ $52,340,000K
= 6.67
The receivables turnover for Alphabet Inc Class A has shown a generally increasing trend over the years, indicating that the company is collecting its accounts receivable more efficiently. In December 31, 2020, the receivables turnover was 5.82, which improved to 6.40 by December 31, 2021, and further increased to 6.99 by December 31, 2022. However, there was a slight dip in the ratio to 6.37 by December 31, 2023, before rising again to 6.67 by December 31, 2024. Overall, the upward trend suggests that Alphabet Inc has been effectively managing its receivables and converting them into cash, a positive sign for the company's liquidity and financial health.
Peer comparison
Dec 31, 2024