Altair Engineering Inc (ALTR)

Days of inventory on hand (DOH)

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Inventory turnover — — — — 55.25
DOH days — — — — 6.61

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

Altair Engineering Inc's days of inventory on hand (DOH) for the years 2019 to 2023 have been fluctuating. The company had a DOH of 6.61 days in 2019, but specific data for subsequent years is unavailable. Without exact figures for comparison, it is challenging to draw definitive conclusions regarding the trend in Altair Engineering Inc's DOH over the years. Additional information or data points would be required to conduct a more in-depth analysis of the company's inventory management efficiency.