Altair Engineering Inc (ALTR)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| DSO | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ —
= —
The days of sales outstanding (DSO) for Altair Engineering Inc have not been provided in the data for the periods ranging from March 31, 2020, to December 31, 2024. As such, it is not possible to analyze the trend or assess the efficiency of Altair Engineering Inc's accounts receivable management based on this ratio.
DSO is a key ratio that indicates the average number of days it takes for a company to collect its accounts receivable. A lower DSO value typically signifies that a company is collecting payments from its customers more quickly, which is often seen as a positive indicator of liquidity and operational efficiency. Conversely, a higher DSO value may indicate potential issues with collections and working capital management.
Given that there is no data provided on DSO for Altair Engineering Inc, further insights or conclusions regarding the company's accounts receivable management cannot be drawn at this time. It is essential for stakeholders to closely monitor this metric in the future financial statements to better understand Altair Engineering Inc's performance in managing its accounts receivable effectively.
Peer comparison
Dec 31, 2024