Altair Engineering

Altair Engineering Payables Turnover

Delisted

The Payables Turnover Ratio of Altair Engineering (ALTR) as of Oct 31, 2026 is 17.06. In the previous year, Payables Turnover Ratio was 13.54 — a change of 25.99% (higher).

Payables Turnover

17.06

YoY

25.99%

Last updated:

Payables Turnover Ratio of Altair Engineering is 2024 17.06 . Payables Turnover Ratio of Altair Engineering was 2023 13.54 . It decreases by 25.99% higher compared to the previous year.

The Altair Engineering Payables Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Payables Turnover
Date
Payables Turnover
Jan 1, 2017
21.84 USD
Jan 1, 2018
13.88 USD
Jan 1, 2019
15.45 USD
Jan 1, 2020
14.12 USD
Jan 1, 2021
19.51 USD
Jan 1, 2022
11.78 USD
Jan 1, 2023
13.54 USD
Jan 1, 2024
17.06 USD
The Altair Engineering Payables Turnover history
YEARPayables TurnoverYoY
17.06+25.99%
13.54+14.96%
11.78-39.62%
19.51+38.20%
14.12-8.61%
15.45+11.30%
13.88-36.47%
21.84+6.64%
20.48+28.34%
15.96—

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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

Payables Turnover Ratio of Altair Engineering is 17.06 in 2024.

Payables Turnover Ratio of Altair Engineering changed from 13.54 to 17.06, representing a 25.99% change. The value is higher than the previous year.

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

Payables turnover measures how quickly a company pays its suppliers. Lower turnover may indicate better payment terms or cash flow management.

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

To evaluate Payables 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 Payables Turnover Ratio.

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Profitability — Altair Engineering

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