Alphabet Inc Class A (GOOGL)
Working capital 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 |
| Total current assets | US$ in thousands | 163,711,000 | 157,541,000 | 161,995,000 | 165,471,000 | 171,530,000 | 176,310,000 | 168,788,000 | 161,985,000 | 164,795,000 | 166,109,000 | 172,371,000 | 177,853,000 | 188,143,000 | 184,110,000 | 175,697,000 | 172,137,000 | 174,296,000 | 164,369,000 | 149,069,000 | 147,018,000 |
| Total current liabilities | US$ in thousands | 89,122,000 | 80,803,000 | 77,913,000 | 76,997,000 | 81,814,000 | 86,295,000 | 77,709,000 | 68,854,000 | 69,300,000 | 65,979,000 | 61,354,000 | 61,948,000 | 64,254,000 | 61,782,000 | 55,741,000 | 55,453,000 | 56,834,000 | 48,200,000 | 43,658,000 | 40,189,000 |
| Working capital turnover | 4.68 | 4.41 | 3.88 | 3.57 | 3.40 | 3.27 | 3.16 | 3.04 | 2.95 | 2.82 | 2.50 | 2.33 | 2.08 | 1.95 | 1.83 | 1.68 | 1.55 | 1.47 | 1.57 | 1.56 |
December 31, 2024 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $348,853,000K ÷ ($163,711,000K – $89,122,000K)
= 4.68
The working capital turnover of Alphabet Inc Class A has shown a steady increase over the past several quarters, indicating an improvement in the efficiency of utilizing its working capital to generate revenue. The ratio has progressed from 1.56 in March 31, 2020, to 4.68 in December 31, 2024. This upward trend suggests that the company is managing its working capital more effectively and is able to generate more revenue per dollar of working capital invested. A higher working capital turnover ratio typically signifies better short-term liquidity management and operational efficiency. Alphabet Inc Class A's increasing working capital turnover ratio reflects positively on its ability to efficiently use its resources to support its business operations.
Peer comparison
Dec 31, 2024