Alphabet Inc. (GOOGL) Inventory Average (2016 - 2023)

Alphabet (GOOGL) has reported Inventory Average for 8 consecutive years, with $2.6 billion the latest figure, recorded in Q3 2023.

• On a quarterly basis, Inventory Average rose 1.01% year-over-year to $2.6 billion in Q3 2023; TTM through Sep 2023 was $2.6 billion, a 1.01% increase from a year earlier, with the FY2022 full-year figure at $1.9 billion, up 102.32% from the prior year.
• Inventory Average was $2.6 billion for Q3 2023 at Alphabet, up 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.
• Across the five-year window, Inventory Average sank 34.88% in 2020 and jumped 137.99% in 2022, its largest moves.
• Over 5 years, Inventory Average stood at $1.2 billion in 2019, then slumped by 34.88% to $781.5 million in 2020, then soared by 56.62% to $1.2 billion in 2021, then jumped by 137.99% to $2.9 billion in 2022, then fell by 10.95% to $2.6 billion in 2023.
• The last three Inventory Average figures came in at $2.6 billion (Q3 2023), $2.3 billion (Q2 2023), and $2.5 billion (Q1 2023), per Business Quant data.