The Brazilian was a stand out performer during another inconsistent month for the Reds.
The month for the club as a whole could've been better for the club. They started the month with a win over West Bromwich Albion, which was followed by an unconvincing victory of Queens Park Rangers - where Coutinho played a crucial role from the bench.
Subsequently was the 3-0 hammering at the hands of Real Madrid, and a 0-0 draw at home to Hull City but they managed to progress to the quarter-finals of the League Cup after a 2-1 win over Swansea City.
Though Liverpool have been inconsistent, Coutinho's form hasn't as he has starred even when the team has been below par, as his craft and creativity have caused headaches in the midfield for many sides.
On receiving his award, he told the Liverpool website: "I constantly receive positive messages from the fans and that makes me happy. It's very nice and an extra motivation for me to keep improving and bring them joy on the pitch."
The Reds face a difficult task at Anfield tomorrow when they take on Chelsea at Anfield, and as one of the players who was rested by Brendan Rodgers from the start of the 1-0 defeat to Real Madrid in Spain, the Brazilian is likely to feature in the starting XI for the clash with the Premier League leaders.
He added: "Our focus is on improving in the competition to achieve our goals. It's a massive game and we're ready to face it and hopefully win three points, which would be very important for us.
"We've been improving over the last few games but we're conscious we must do more. We expect to be fighting for a top-four spot. Liverpool is a great club and must always be challenging for the top positions."