Altair Engineering Inc (ALTR)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 665,788 | 612,701 | 572,221 | 532,179 | 469,921 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $665,788K ÷ $—K
= —
The data provided for Altair Engineering Inc's receivables turnover ratio shows that actual figures are not available for the years ranging from December 31, 2020, to December 31, 2024. The lack of specific values for this ratio during these periods indicates a limitation in assessing the company's efficiency in collecting its accounts receivable within a given timeframe. Without numerical data, it is challenging to evaluate Altair Engineering's effectiveness in managing its receivables turnover and the turnover speed of its outstanding customer balances. This information gap hinders a comprehensive analysis of the company's financial performance in terms of its accounts receivable turnover.
Peer comparison
Dec 31, 2024