Altair Engineering Inc (ALTR)
Payables turnover
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 132,432 | 128,226 | 127,297 | 119,949 | 121,791 | 126,472 | 125,295 | 124,021 | 122,889 | 121,832 | 125,424 | 127,847 | 129,666 | 129,560 | 127,095 | 120,230 | 121,305 | 125,564 | 128,269 | 134,211 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $132,432K ÷ $—K
= —
The payables turnover ratio for Altair Engineering Inc is not available for the periods provided in the data. Without the specific values of accounts payable and cost of goods sold, it is not possible to calculate the payables turnover ratio. The payables turnover ratio is a liquidity ratio that measures the number of times a company pays off its accounts payable during a specific period. A higher payables turnover ratio indicates that the company is efficiently managing its accounts payable by paying them off quickly.
Without the concrete values of accounts payable and cost of goods sold, we cannot provide a detailed analysis of Altair Engineering Inc's payables turnover performance. It is recommended to gather the necessary financial data to calculate the payables turnover ratio for a thorough evaluation of the company's liquidity management.
Peer comparison
Dec 31, 2024