Altair Engineering Inc (ALTR)

Receivables 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
Revenue (ttm)	US$ in thousands	665,788	644,660	627,213	619,579	612,701	601,631	586,979	578,474	572,221	552,585	554,541	541,797	532,179	524,823	509,972	488,621	469,921	460,357	454,307	462,519
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $665,788K ÷ $—K
= —

Based on the provided data, the receivables turnover ratio for Altair Engineering Inc is not available for the periods up to December 31, 2024. This means that we do not have specific information on how many times Altair Engineering Inc collected its accounts receivable during these periods.

The receivables turnover ratio is a measure of how efficiently a company is managing its accounts receivable and collecting outstanding payments from its customers. A higher receivables turnover ratio generally indicates that the company is collecting payments more quickly, which could suggest effective credit policies or a strong customer base.

Without the receivables turnover data, it is challenging to assess Altair Engineering Inc's ability to collect outstanding payments from its customers in a timely manner and manage its accounts receivable effectively. It is advisable to monitor this ratio in the future to gain insights into the company's financial performance and operational efficiency in managing receivables.