Certara Inc (CERT)

Days of inventory on hand (DOH)

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Inventory turnover 42.74 134.96
DOH days 8.54 2.70

December 31, 2023 calculation

DOH = 365 ÷ Inventory turnover
= 365 ÷ —
= —

Based on the information provided, the Days of Inventory on Hand (DOH) for Certara Inc is not directly available for the years 2020 to 2023. This ratio typically measures the number of days it takes for a company to sell its entire inventory.

Without the specific DOH data for these years, it is difficult to assess Certara Inc's inventory management efficiency and its ability to convert inventory into sales in a timely manner. However, it is important for the company to closely monitor its DOH to ensure optimal inventory levels, avoid excess or obsolete inventory, and manage working capital effectively.

To gain a better understanding of Certara Inc's inventory management performance, a deeper analysis involving additional financial and operational data would be required. This analysis would involve calculating and comparing the DOH over multiple periods to identify trends, potential areas for improvement, and to assess the company's overall operational efficiency.


Peer comparison

Dec 31, 2023