Alphabet (GOOG) Inventory Average (2016 - 2023)
Alphabet (GOOG) has disclosed Inventory Average for 8 consecutive years, with $2.6 billion as the latest value for Q3 2023.
- On a quarterly basis, Inventory Average rose 1.01% to $2.6 billion in Q3 2023 year-over-year; TTM through Sep 2023 was $2.6 billion, a 1.01% increase, with the full-year FY2022 number at $1.9 billion, up 102.32% from a year prior.
- Inventory Average was $2.6 billion for Q3 2023 at Alphabet, up from $2.3 billion in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $2.9 billion in Q4 2022 to a low of $781.5 million in Q4 2020.
- A 5-year average of $1.5 billion and a median of $1.2 billion in 2019 define the central range for Inventory Average.
- Peak YoY movement for Inventory Average: tumbled 34.88% in 2020, then surged 137.99% in 2022.
- Alphabet's Inventory Average stood at $1.2 billion in 2019, then crashed by 34.88% to $781.5 million in 2020, then surged by 56.62% to $1.2 billion in 2021, then soared by 137.99% to $2.9 billion in 2022, then decreased by 10.95% to $2.6 billion in 2023.
- Per Business Quant, the three most recent readings for GOOG's Inventory Average are $2.6 billion (Q3 2023), $2.3 billion (Q2 2023), and $2.5 billion (Q1 2023).