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Altair Engineering (FRA:8A2) Current Deferred Revenue : €113.1 Mil (As of Mar. 2024)


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What is Altair Engineering Current Deferred Revenue?

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Altair Engineering's current deferred revenue for the quarter that ended in Mar. 2024 was €113.1 Mil.

Altair Engineering Current Deferred Revenue Historical Data

The historical data trend for Altair Engineering's Current Deferred Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Altair Engineering Current Deferred Revenue Chart

Altair Engineering Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Current Deferred Revenue
Get a 7-Day Free Trial Premium Member Only 68.68 71.35 83.74 109.39 125.12

Altair Engineering Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Current Deferred Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 108.52 114.03 105.40 125.12 113.12

Altair Engineering Current Deferred Revenue Related Terms

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Altair Engineering (FRA:8A2) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Altair Engineering Inc (FRA:8A2) » Definitions » Current Deferred Revenue
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Traded in Other Exchanges
ALTR:USA ALTR:Mexico 8A2:Germany
Address
1820 East Big Beaver Road, Troy, MI, USA, 48083
Website
https://www.altair.com
Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Majority of its revenue comes from the software segment.

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