Alphabet (GOOG) Inventory Average (2016 - 2023)
Alphabet (GOOG) reported Inventory Average of $2.6 billion for Q3 2023, up 1.01% year-over-year from $2.6 billion in Q3 2022, and up 14.12% on a QoQ basis from $2.3 billion in Q2 2023.
Alphabet (GOOG) has 8 years of Inventory Average data on file, last reported at $2.6 billion in Q3 2023.
- Quarterly Inventory Average rose 1.01% year-over-year to $2.6 billion in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $2.6 billion (up 1.01% YoY) and the FY2022 annual result came in at $1.9 billion, up 102.32% from the prior year.
- Inventory Average grew to $2.6 billion in Q3 2023 per GOOG's latest filing, from $2.3 billion in the prior quarter.
- Across five years, Inventory Average topped out at $2.9 billion in Q4 2022 and bottomed at $781.5 million in Q4 2020.
- The 5-year median for Inventory Average is $1.2 billion (2019), against an average of $1.5 billion.
- The widest annual swing landed in 2020, when Inventory Average slumped 34.88%; it then soared 137.99% in 2022.
- Tracing GOOG's Inventory Average over 5 years: stood at $1.2 billion in 2019, then tumbled 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 declined by 10.95% to $2.6 billion in 2023.
- Per Business Quant, the three latest GOOG Inventory Average figures stand at $2.6 billion (Q3 2023), $2.3 billion (Q2 2023), and $2.5 billion (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | - |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | - |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | - |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | - | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | - |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | - | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 337,338.64 |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | - |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | - |
| 10 | Zillow | 8.25 Bn | 7.47 Bn | 519.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 2.59 Bn |
| Jun 30, 2023 | 2.27 Bn |
| Mar 31, 2023 | 2.49 Bn |
| Dec 31, 2022 | 2.91 Bn |
| Sep 30, 2022 | 2.57 Bn |
| Jun 30, 2022 | 1.67 Bn |
| Mar 31, 2022 | 1.27 Bn |
| Dec 31, 2021 | 1.22 Bn |
| Sep 30, 2021 | 1.09 Bn |
| Jun 30, 2021 | 897.50 Mn |
| Mar 31, 2021 | 808.00 Mn |
| Dec 31, 2020 | 781.50 Mn |
| Sep 30, 2020 | 825.00 Mn |
| Jun 30, 2020 | 852.00 Mn |
| Mar 31, 2020 | 944.00 Mn |
| Dec 31, 2019 | 1.20 Bn |
| Sep 30, 2019 | 1.18 Bn |
| Jun 30, 2019 | 1.01 Bn |
| Mar 31, 2019 | 1.08 Bn |
| Dec 31, 2018 | 1.16 Bn |
| Sep 30, 2018 | 955.00 Mn |
| Jun 30, 2018 | 667.00 Mn |
| Mar 31, 2018 | 692.50 Mn |
| Dec 31, 2017 | 757.00 Mn |
| Sep 30, 2017 | 581.50 Mn |
| Jun 30, 2017 | 339.00 Mn |
| Mar 31, 2017 | 274.00 Mn |
| Dec 31, 2016 | 413.50 Mn |