Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Alphabet(Google)'s Average Total Inventories for the quarter that ended in Dec. 2023 was $2,957 Mil. Alphabet(Google)'s Revenue for the
three
months ended in Dec. 2023 was $86,310 Mil.
Alphabet(Google)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.03.
Alphabet(Google)'s Inventory-to-Revenue for the quarter that ended in Dec. 2023
stayed the same
from Sep. 2023 (0.03) to Sep. 2023 (0.03)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Alphabet(Google)'s Days Inventory for the
three
months ended in Dec. 2023 was 7.18.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Alphabet(Google)'s Inventory Turnover for the quarter that ended in Dec. 2023 was 12.71.
Alphabet(Google) Inventory-to-Revenue Historical Data
The historical data trend for Alphabet(Google)'s Inventory-to-Revenue can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Alphabet(Google)'s Inventory-to-Revenue
For the Internet Content & Information subindustry, Alphabet(Google)'s Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Alphabet(Google)'s Inventory-to-Revenue Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Alphabet(Google)'s Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Alphabet(Google)'s Inventory-to-Revenue falls into.
Alphabet(Google) Inventory-to-Revenue Calculation
Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.
Alphabet(Google)'s Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.
Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.
More Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Alphabet(Google)'s Days Inventory for the
three
months ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Alphabet(Google) Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Alphabet(Google)'s Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Alphabet is a holding company. Internet media giant Google is a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads. Google's other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud service fees and other licensing revenue. Sales of hardware such as Chromebooks, the Pixel smartphone, and smart home products, which include Nest and Google Home, also contribute to other revenue. Alphabet's moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), provide faster internet access (Google Fiber), enable self-driving cars (Waymo), and more.
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