Altair Engineering

Altair Engineering Cash Conversion Cycle

Delisted

The Cash Conversion Cycle (CCC) of Altair Engineering (ALTR) as of Oct 13, 2026 is 74.88. In the previous year, Cash Conversion Cycle (CCC) was 24.41 — a change of 206.75% (higher).

Cash Conversion Cycle

74.88

YoY

206.75%

Last updated:

Cash Conversion Cycle (CCC) of Altair Engineering is 2024 74.88 . Cash Conversion Cycle (CCC) of Altair Engineering was 2023 24.41 . It decreases by 206.75% higher compared to the previous year.

The Altair Engineering Cash Conversion Cycle history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Cash Conversion Cycle
Date
Cash Conversion Cycle
Jan 1, 2017
84.90 USD
Jan 1, 2018
69.02 USD
Jan 1, 2019
66.49 USD
Jan 1, 2020
65.72 USD
Jan 1, 2021
77.24 USD
Jan 1, 2022
81.66 USD
Jan 1, 2023
24.41 USD
Jan 1, 2024
74.88 USD
The Altair Engineering Cash Conversion Cycle history
YEARCash Conversion CycleYoY
74.88+206.75%
24.41-70.11%
81.66+5.72%
77.24+17.54%
65.72-1.16%
66.49-3.66%
69.02-18.71%
84.90+23.58%
68.69+1.53%
67.66—
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Altair Engineering Stock analysis

What does Altair Engineering do? Altair Engineering Inc. is a global technology company specializing in simulation, high-performance computing, and data intelligence. It was founded in 1985 by James R. Scapa and has since become a leading provider of computer-aided engineering software. Altair's portfolio includes software solutions for industries such as automotive, aerospace, construction, manufacturing, and energy. The company also offers professional services like training and consulting. Altair has various business units, including Altair HyperWorks, Altair PBS Works, Altair SimSolid, and Altair Inspire. Altair HyperWorks is a comprehensive CAE toolset, Altair PBS Works is a suite of software tools for high-performance computing, Altair SimSolid is a software solution for structural analysis, and Altair Inspire is a software solution for component weight reduction. Altair Engineering Inc. has received numerous awards for its innovation and quality assurance, and it remains focused on developing high-quality CAE solutions and providing excellent customer support. Altair Engineering is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Altair Engineering stock

Cash Conversion Cycle (CCC) of Altair Engineering is 74.88 in 2024.

Cash Conversion Cycle (CCC) of Altair Engineering changed from 24.41 to 74.88, representing a 206.75% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Cash Conversion Cycle (CCC) Altair Engineering since 2006 – with annual values, charts, and detailed analysis.

The Cash Conversion Cycle measures how long it takes to convert inventory investments into cash from sales. A shorter CCC indicates more efficient working capital management.

CCC = DSO + DIO - DPO

A 'good' varies by industry and company stage. On Eulerpool, you can compare Cash Conversion Cycle (CCC)'s Altair Engineering with sector peers and the industry average to assess whether it is attractive.

To evaluate Cash Conversion Cycle (CCC)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Cash Conversion Cycle (CCC).

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Profitability — Altair Engineering

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