Alphabet (GOOGL) Inventory Average (2016 - 2023)
Alphabet (GOOGL) posted quarterly Inventory Average of $2.6 billion for Q3 2023, up 1.01% YoY from $2.6 billion in Q3 2022, and up 14.12% sequentially from $2.3 billion in Q2 2023.
Alphabet (GOOGL) Inventory Average (2016 - 2023) Analysis & Trends
Alphabet has disclosed Inventory Average across 8 years of filings, most recently posting $2.6 billion for Q3 2023.
- In Q3 2023, Inventory Average rose 1.01% year-over-year to $2.6 billion; the TTM figure through Sep 2023 stood at $2.6 billion (up 1.01% YoY), while the FY2022 annual figure was $1.9 billion, up 102.32% from the prior year.
- Inventory Average advanced to $2.6 billion in Q3 2023, from $2.3 billion in the prior quarter.
- Over the last five years, Inventory Average for GOOGL reached as high as $2.9 billion in Q4 2022 and fell as low as $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.
- Annual changes were most pronounced in 2020 — Inventory Average slumped 34.88% — and 2022, when it surged 137.99%.
- A 5-year view of Inventory Average shows it stood at $1.2 billion in 2019, then tumbled 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.
- According to Business Quant data, Inventory Average over the past three periods registered $2.6 billion, $2.3 billion, and $2.5 billion for Q3 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,330.11 Bn | 4,114.49 Bn | 102.29 Bn | - |
| 2 | Meta Platforms | 1,553.11 Bn | 1,471.93 Bn | 46.09 Bn | - |
| 3 | Baidu | 320.91 Bn | 305.99 Bn | 1.88 Mn | - |
| 4 | BILI Social International | 84.82 Bn | 84.82 Bn | 405,933.00 | - |
| 5 | Joyy | 70.39 Bn | 70.39 Bn | 205.64 Mn | - |
| 6 | Nebius | 59.20 Bn | 49.90 Bn | 295.20 Mn | - |
| 7 | 37.81 Bn | 35.04 Bn | 511.94 Mn | - | |
| 8 | Scienjoy Holding | 37.35 Bn | -14.16 Bn | 7.27 Mn | - |
| 9 | Tencent Music Entertainment | 26.62 Bn | 24.37 Bn | 514.00 Mn | 6.39 Mn |
| 10 | Alphabet | - | - | 102.29 Bn | - |
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 |