Growth Metrics

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 Reddit 33.71 Bn 30.94 Bn 511.94 Mn -
5 Nebius 22.38 Bn 22.38 Bn 295.20 Mn -
6 Pinterest 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 🔒
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
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