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% quarter-over-quarter from $2.3 billion in Q2 2023.

Alphabet (GOOG) Inventory Average (2016 - 2023) Analysis & Trends

Alphabet (GOOG) has 8 years of Inventory Average data on file, last reported at $2.6 billion in Q3 2023.

  • Inventory Average for Q3 2023 came in at $2.6 billion, up 1.01% year-over-year; the trailing twelve-month figure through Sep 2023 was $2.6 billion (up 1.01% YoY), and the FY2022 annual result was $1.9 billion, up 102.32% from the prior year.
  • Inventory Average rose to $2.6 billion in Q3 2023 per GOOG's latest filing, from $2.3 billion in the prior quarter.
  • Over five years, Inventory Average peaked at $2.9 billion in Q4 2022 and troughed at $781.5 million in Q4 2020.
  • A 5-year average of $1.5 billion and a median of $1.2 billion in 2019 frame the typical range for Inventory Average.
  • The sharpest annual moves came in 2020 and 2022: Inventory Average plunged 34.88% in 2020, then surged 137.99% in 2022.
  • A 5-year view of Inventory Average shows it stood at $1.2 billion in 2019, then sank by 34.88% to $781.5 million in 2020, then jumped by 56.62% to $1.2 billion in 2021, then surged by 137.99% to $2.9 billion in 2022, then retreated by 10.95% to $2.6 billion in 2023.
  • Business Quant data shows GOOG's Inventory Average at $2.6 billion in Q3 2023, $2.3 billion in Q2 2023, and $2.5 billion in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Nebius 2,430,078.11 Bn 2,430,078.11 Bn 295.20 Mn -
2 Alphabet 4,448.32 Bn 4,232.70 Bn 102.29 Bn -
3 Meta Platforms 1,465.06 Bn 1,383.88 Bn 46.09 Bn -
4 Spotify Technology 113.19 Bn 102.95 Bn 1.75 Bn -
5 Reddit 33.56 Bn 30.79 Bn 511.94 Mn -
6 Pinterest 12.93 Bn 11.63 Bn 768.96 Mn -
7 Kanzhun 12.77 Bn 10.67 Bn 255.62 Bn 337,338.64
8 Match 8.28 Bn 7.26 Bn 653.28 Mn -
9 Snap 7.91 Bn 5.08 Bn 1.29 Bn -
10 Zillow 7.56 Bn 6.78 Bn 519.00 Mn -

Historic Data

Download Data
DateValue
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