Alphabet Inventory Turnover from 2010 to 2024

GOOG Stock  USD 157.46  0.58  0.37%   
Alphabet's Inventory Turnover is increasing over the last several years with stable swings. Inventory Turnover is estimated to finish at 48.15 this year. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
42.54
Current Value
48.15
Quarterly Volatility
35.2425938
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Alphabet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alphabet main balance sheet or income statement drivers, such as Interest Expense of 323.4 M, Selling General Administrative of 17.2 B or Total Revenue of 322.8 B, as well as many exotic indicators such as Price To Sales Ratio of 5.5, Dividend Yield of 0.0 or PTB Ratio of 5.97. Alphabet financial statements analysis is a perfect complement when working with Alphabet Valuation or Volatility modules.
  
This module can also supplement Alphabet's financial leverage analysis and stock options assessment as well as various Alphabet Technical models . Check out the analysis of Alphabet Correlation against competitors.

Latest Alphabet's Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Alphabet Inc Class C over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Alphabet's Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Alphabet's overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Pretty Stable
   Inventory Turnover   
       Timeline  

Alphabet Inventory Turnover Regression Statistics

Arithmetic Mean67.37
Geometric Mean59.21
Coefficient Of Variation52.32
Mean Deviation27.81
Median60.70
Standard Deviation35.24
Sample Variance1,242
Range112
R-Value0.13
Mean Square Error1,316
R-Squared0.02
Significance0.66
Slope0.99
Total Sum of Squares17,389

Alphabet Inventory Turnover History

2024 48.15
2023 42.54
2022 47.27
2021 94.82
2020 116.39
2019 71.97
2018 53.79

About Alphabet Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Alphabet income statement, its balance sheet, and the statement of cash flows. Alphabet investors use historical funamental indicators, such as Alphabet's Inventory Turnover, to determine how well the company is positioned to perform in the future. Although Alphabet investors may use each financial statement separately, they are all related. The changes in Alphabet's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Alphabet's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Alphabet Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Alphabet. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory Turnover 42.54  48.15 

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When determining whether Alphabet Class C is a strong investment it is important to analyze Alphabet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alphabet's future performance. For an informed investment choice regarding Alphabet Stock, refer to the following important reports:

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Is Alphabet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alphabet. If investors know Alphabet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alphabet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.56
Earnings Share
5.8
Revenue Per Share
24.338
Quarterly Revenue Growth
0.135
Return On Assets
0.1437
The market value of Alphabet Class C is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alphabet's market value can be influenced by many factors that don't directly affect Alphabet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.