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.
- For Q3 2023, Inventory Average rose 1.01% year-over-year to $2.6 billion; the TTM value through Sep 2023 reached $2.6 billion, up 1.01%, while the annual FY2022 figure was $1.9 billion, 102.32% up from the prior year.
- Inventory Average hit $2.6 billion in Q3 2023 for Alphabet, up 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.
- Average Inventory Average over 5 years is $1.5 billion, with a median of $1.2 billion recorded in 2019.
- Year-over-year, Inventory Average plummeted 34.88% in 2020 and then skyrocketed 137.99% in 2022.
- Alphabet's Inventory Average stood at $1.2 billion in 2019, then tumbled by 34.88% to $781.5 million in 2020, then skyrocketed by 56.62% to $1.2 billion in 2021, then surged by 137.99% to $2.9 billion in 2022, then dropped by 10.95% to $2.6 billion in 2023.
- According to Business Quant data, Inventory Average over the past three periods came in at $2.6 billion, $2.3 billion, and $2.5 billion for Q3 2023, Q2 2023, and Q1 2023 respectively.