Altair Engineering

Altair Engineering Inventory Turnover

Delisted

The Inventory Turnover Ratio of Altair Engineering (ALTR) as of Oct 12, 2026 is -5.60. In the previous year, Inventory Turnover Ratio was 121.31 M — a change of -100.00% (lower).

Inventory Turnover

-5.60

YoY

-100.00%

Last updated:

Inventory Turnover Ratio of Altair Engineering is 2023 -5.60 . Inventory Turnover Ratio of Altair Engineering was 2022 121.31 M . It decreases by -100.00% lower compared to the previous year.

The Altair Engineering Inventory Turnover history

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Inventory Turnover
Date
Inventory Turnover
Jan 1, 2015
47.81 USD
Jan 1, 2016
83.62 USD
Jan 1, 2017
53.83 USD
Jan 1, 2018
59.05 USD
Jan 1, 2019
55.25 USD
Jan 1, 2020
121.31 M USD
Jan 1, 2023
-5.60 USD
The Altair Engineering Inventory Turnover history
YEARInventory TurnoverYoY
-5.60-100.00%
121.31 M+219.56 M%
55.25-6.43%
59.05+9.69%
53.83-35.62%
83.62+74.89%
47.81—
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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

Inventory Turnover Ratio of Altair Engineering is -5.60 in 2023.

Inventory Turnover Ratio of Altair Engineering changed from 121.31 M to -5.60, representing a -100.00% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Inventory Turnover Ratio Altair Engineering since 2006 – with annual values, charts, and detailed analysis.

Inventory turnover measures how many times inventory is sold and replaced during a period. Higher turnover indicates efficient inventory management.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Inventory Turnover Ratio's Altair Engineering with sector peers and the industry average to assess whether it is attractive.

To evaluate Inventory Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Inventory Turnover Ratio.

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Profitability — Altair Engineering

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