Alphabet Inc Class A (GOOGL)
Receivables 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 348,853,000 | 338,527,000 | 326,485,000 | 316,133,000 | 305,445,000 | 294,667,000 | 287,780,000 | 283,140,000 | 281,513,000 | 282,362,000 | 277,870,000 | 270,007,000 | 257,262,000 | 238,240,000 | 219,442,000 | 195,859,000 | 181,704,000 | 171,155,000 | 165,528,000 | 166,276,000 |
| Receivables | US$ in thousands | 52,340,000 | 49,104,000 | 47,087,000 | 44,552,000 | 47,964,000 | 41,020,000 | 38,804,000 | 36,036,000 | 40,258,000 | 36,176,000 | 37,073,000 | 35,622,000 | 40,270,000 | 34,800,000 | 32,851,000 | 28,499,000 | 31,384,000 | 25,513,000 | 21,595,000 | 23,735,000 |
| Receivables turnover | 6.67 | 6.89 | 6.93 | 7.10 | 6.37 | 7.18 | 7.42 | 7.86 | 6.99 | 7.81 | 7.50 | 7.58 | 6.39 | 6.85 | 6.68 | 6.87 | 5.79 | 6.71 | 7.67 | 7.01 |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $348,853,000K ÷ $52,340,000K
= 6.67
The receivables turnover for Alphabet Inc Class A has shown some fluctuations over the past few years, ranging from a low of 5.79 in December 31, 2020, to a high of 7.86 in March 31, 2023. Overall, the company has managed to maintain a relatively stable receivables turnover ratio, indicating the efficiency with which it collects outstanding receivables.
There was a notable increase in receivables turnover from September 30, 2022, to March 31, 2023, suggesting an improvement in the company's ability to collect its accounts receivable during that period. However, there was a slight decline in the ratio from June 30, 2023, to December 31, 2023, followed by another increase in the first quarter of 2024.
As of December 31, 2024, the receivables turnover ratio stood at 6.67, indicating that Alphabet Inc Class A was able to convert its accounts receivable into cash approximately 6.67 times during the year. This ratio provides insight into the company's effectiveness in managing its credit sales and monitoring its accounts receivable collection process.
Peer comparison
Dec 31, 2024