Welcome to WebmasterWorld Guest from 54.159.50.111

Forum Moderators: incrediBILL & martinibuster

Message Too Old, No Replies

Bet on Google Paying Early in December

Who Knows Your Views

     
4:22 pm on Dec 1, 2007 (gmt 0)

Preferred Member

5+ Year Member

joined:Oct 9, 2006
posts:375
votes: 0


Will Google Pay by the 20th of December this year, where are the speculators?

Give your view! - Also any dibs on a Google Pay check bonus?

5:38 pm on Dec 1, 2007 (gmt 0)

Junior Member

10+ Year Member

joined:Jan 26, 2006
posts:197
votes: 0


Of course they will pay early in december... the adsense team surely will want to finish all their work in order to have their nice holidays.

Well, at least it was like this the last year as I seem to recall.

BTW, it would be really nice to receive my google gift and my payment together :-D

6:15 pm on Dec 1, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Nov 11, 2005
posts:668
votes: 0


They will pay early so everything will be on the books for 2007. This will benefit them for tax purposes.
1:40 pm on Dec 2, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Apr 23, 2003
posts:670
votes: 0


I bet no.

2003 and 2004 saw payments happen before Christmas.

2005 and 2006 saw payments happen after Christmas.

I'd say the trend will remain the same - after Christmas.

4:11 am on Dec 5, 2007 (gmt 0)

Junior Member

10+ Year Member

joined:May 29, 2005
posts:132
votes: 0


They will not pay before the 25th. It would cost them in interest if they paid out early when they can just wait until the end of the month.
4:09 am on Dec 6, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Aug 23, 2004
posts:891
votes: 5


They are completely heartless. They will pay after Christmas. Bow down and be thankful for the beneficence of Google.
9:49 pm on Dec 9, 2007 (gmt 0)

Preferred Member

5+ Year Member

joined:Oct 9, 2006
posts:375
votes: 0


So guys what about the Google Gift anything forthcoming?
3:42 pm on Dec 10, 2007 (gmt 0)

Preferred Member

5+ Year Member

joined:June 8, 2006
posts:556
votes: 0


I am hoping for a $1,000 Google bonus in either my Adsense or Adwords account.

:)

10:35 pm on Dec 10, 2007 (gmt 0)

Senior Member from AU 

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month

joined:Aug 22, 2003
posts:1943
votes: 91


2003 and 2004 saw payments happen before Christmas.

2005 and 2006 saw payments happen after Christmas

So very true.

Seems they issue payments the last Tuesday of the month which this year happens to be Christmas Day.

Personally, I bet on a repetition of 2005/6 and I don't think it has anything to do with interest.

As a former corporate accountant I can tell you that is given more weight than it deserves by the uninformed.

Of course corporations use the overnight money markets but very rarely at the expense of creditors.

2:30 am on Dec 17, 2007 (gmt 0)

Full Member

5+ Year Member

joined:June 22, 2007
posts:312
votes: 0


"2003 and 2004 saw payments happen before Christmas.

2005 and 2006 saw payments happen after Christmas

So very true.

Seems they issue payments the last Tuesday of the month which this year happens to be Christmas Day.

Personally, I bet on a repetition of 2005/6 and I don't think it has anything to do with interest.

As a former corporate accountant I can tell you that is given more weight than it deserves by the uninformed.

Of course corporations use the overnight money markets but very rarely at the expense of creditors. "

--------------------------------------------------------------
My 2006 payment during the month of December came BEFORE Christmas. I can't believe that I'm the only one that got that payment before Christmas of 2006! (and in "check" form no less!)

3:35 am on Dec 17, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member farmboy is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Nov 6, 2005
posts:2717
votes: 11


In 2004, I received payment on the 16th

In 2005, I received payment on the 23rd

In 2006, I received payment on the 27th

FarmBoy

3:54 am on Dec 17, 2007 (gmt 0)

Senior Member from AU 

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month

joined:Aug 22, 2003
posts:1943
votes: 91


My 2006 payment during the month of December came BEFORE Christmas. I can't believe that I'm the only one that got that payment before Christmas of 2006! (and in "check" form no less!)

EFT in Australia 29th December which would be 28th in USA

3:56 am on Dec 17, 2007 (gmt 0)

Senior Member from AU 

WebmasterWorld Senior Member 10+ Year Member Top Contributors Of The Month

joined:Aug 22, 2003
posts:1943
votes: 91


Seems they issue payments the last Tuesday of the month which this year happens to be Christmas Day.

Perhaps this year it "might" be the second last Tuesday.

[added] Ditto the exact same situation with a firm I work for casually.

[edited by: IanCP at 3:58 am (utc) on Dec. 17, 2007]

4:51 am on Dec 17, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member jomaxx is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:Nov 6, 2002
posts:4768
votes: 0


Are you people living paycheck to paycheck or what? I can't even imagine caring about what specific day I receive the payment.
11:45 pm on Dec 17, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member farmboy is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

joined:Nov 6, 2005
posts:2717
votes: 11


I can't even imagine caring about what specific day I receive the payment.

I was thinking of that nice Christmas present I'm going to purchase for you with my November earnings. If I don't get my AdSense payment before Christmas, I might change my mind.

FarmBoy

4:33 am on Dec 18, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Apr 19, 2005
posts:797
votes: 0


What jomaxx said.
10:40 am on Dec 18, 2007 (gmt 0)

Preferred Member

10+ Year Member

joined:Mar 28, 2005
posts:552
votes: 0


>>As a former corporate accountant I can tell you that is given more weight than it deserves by the uninformed.

>> Of course corporations use the overnight money markets but very rarely at the expense of creditors.
----------------------------------------------------
As a former banker, most of our largest clients took advantage of our liquidity management services in which all of their accounts were swept clean of cash at the end of the night into overnight repos and returned to their accounts in the morning.

Doing anything less would be...

If a corporation in which I was an investor wasn't maximizing their profits by managing their cash flows I would be mad as heck.

IMO Google as a publicly traded company ought to be paying on the last possible day based on their AdSense agreement. The only reason that I can imagine they aren't already doing so is perhaps they want to provide themselves with time to correct any problems in the payment process and stay within the constraints of the agreement.

It's just bizness.

Why they haven't sent me an e-holiday card is a mystery though. :D

3:15 pm on Dec 18, 2007 (gmt 0)

Junior Member

5+ Year Member

joined:Aug 10, 2006
posts: 90
votes: 0


Hello, my website launched in early 2007 and I haven't made $100 yet :( and I have direct deposit. Will they pay me whatever I acculumated this year?
*Thanks in advance
JP
8:24 pm on Dec 18, 2007 (gmt 0)

Preferred Member

5+ Year Member

joined:Nov 1, 2007
posts:436
votes: 0


dibbern2 and jomaxx, tritto. It always feels nice to see the AdSense money safely in the bank, but if it's a week late the only thing I'll miss is that feeling.
8:43 pm on Dec 18, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Mar 29, 2002
posts:1954
votes: 0


Will they pay me whatever I acculumated this year?

I would imagine "Yes" as they need to balance their books at years end..

[edited by: The_Contractor at 8:44 pm (utc) on Dec. 18, 2007]

3:42 am on Dec 19, 2007 (gmt 0)

Full Member

10+ Year Member

joined:Feb 20, 2005
posts:281
votes: 0


I would imagine *no* because you have to reach $100 to get your first check, end of year or not. I have at least one friend who waited 1.5 years for her first check.

YM

5:10 am on Dec 19, 2007 (gmt 0)

Full Member

5+ Year Member

joined:Nov 26, 2006
posts:292
votes: 0


I've put my payment on hold since last month due to reduction in earning. I will get cheque on quarterly basis
1:19 pm on Dec 19, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member billys is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:June 1, 2004
posts:3181
votes: 0


>>As a former corporate accountant I can tell you that is given more weight than it deserves by the uninformed.

A one week delay in payments is worth at least $5 million to Google. As an uninformed person, I'd recommend a delay of a week to help keep my job.

4:37 pm on Dec 19, 2007 (gmt 0)

Preferred Member

10+ Year Member

joined:Mar 28, 2005
posts:552
votes: 0


What are your assumptions for the math on that, BillyS?
7:13 pm on Dec 19, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member jomaxx is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:Nov 6, 2002
posts:4768
votes: 0


I think he's talking about the effect of Google paying a week early permanently, not just in December. Even if you adjust for that the estimate is still exaggerated, but at least it's 12X closer.
7:25 pm on Dec 19, 2007 (gmt 0)

Preferred Member

5+ Year Member

joined:Nov 1, 2007
posts:436
votes: 0


Google has never, to my knowledge, failed to pay on time (according to their TOS). Yet when they are only five days early instead of seven there is this roar of nonsense from the hand-to-mouth crowd.

It doesn't surprise me then that it is worth something to them, perhaps millions, to maintain a few days buffer time to avoid a truly late payment because of some minor glitch. There's that word again.

7:31 pm on Dec 19, 2007 (gmt 0)

Preferred Member

5+ Year Member

joined:Nov 1, 2007
posts:436
votes: 0


Google has never, to my knowledge, failed to pay on time (according to their TOS). Yet when they are only five days early instead of seven there is this roar of nonsense from the hand-to-mouth crowd.

It doesn't surprise me then that it is worth something to them, perhaps millions, to maintain a few days buffer time to avoid a truly late payment because of some minor glitch. There's that word again.

added in edit: A late payment, no matter what the cause, would trigger wild liquidity rumors among those who short GOOG and definitely would affect their stock price and market cap. Companies as rich as Google have the luxury of extra time to maintain appearances.

1:27 am on Dec 20, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member billys is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:June 1, 2004
posts:3181
votes: 0


Googles Q3 revenues = $4,231.35 million / 3 months
= $1,410 per month x 0.4 (predicted share of Adsense Publishers as discussed elsewhere)
= $564 million in payments each month to publishers

$564 million x 4% (Fed Funds overnight rate) = $22.6 million per year
$22.6M / 52 weeks = $0.433M per week in interest
$0.433 x 12 (number of times it happens each year) = $5.2 million

So yes, my assumption was that a week delay each month.

Back on topic, I wouldn't pay early...

1:32 am on Dec 20, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member billys is a WebmasterWorld Top Contributor of All Time 10+ Year Member

joined:June 1, 2004
posts:3181
votes: 0


>>Hello, my website launched in early 2007 and I haven't made $100 yet :( and I have direct deposit. Will they pay me whatever I acculumated this year?

No you won't get paid, but Google will recognize their liability in the year it was incurred - even if not paid. Something about the Matching Principle...

7:22 pm on Dec 20, 2007 (gmt 0)

Junior Member

10+ Year Member

joined:Jan 26, 2006
posts:197
votes: 0


Back on topic, I wouldn't pay early...

However they are paying early this year...

[webmasterworld.com...]

This 32 message thread spans 2 pages: 32