Altair Engineering Inc (ALTR)
Number of days of payables
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| Number of days of payables | days | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ —
= —
The data provided regarding Altair Engineering Inc's number of days of payables is "— days" for all the reporting periods from March 31, 2020, to December 31, 2024. As such, without specific values for the number of days of payables, a detailed analysis of this ratio cannot be conducted. The number of days of payables is a crucial metric that indicates the average number of days it takes a company to pay its suppliers. Typically, a lower number of days of payables indicates that the company is paying its suppliers more quickly, while a higher number may signify that the company is taking longer to settle its payables, potentially signaling liquidity or operational efficiency concerns. In this case, the lack of specific data limits the ability to assess Altair Engineering Inc's payment practices and their impact on the company's financial health.
Peer comparison
Dec 31, 2024