Certara Inc (CERT)

Fixed asset turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Revenue (ttm)	US$ in thousands	385,148	372,797	363,553	360,690	354,337	352,960	352,084	344,394	335,644	324,357	313,601	300,937	286,104	275,399	261,772	252,799	243,530	232,746	225,915	215,376
Property, plant and equipment	US$ in thousands	—	—	—	—	—	—	2,206	2,317	2,400	2,609	2,749	2,927	15,569	3,005	3,069	3,505	3,872	—	—	—
Fixed asset turnover		—	—	—	—	—	—	159.60	148.64	139.85	124.32	114.08	102.81	18.38	91.65	85.30	72.13	62.90	—	—	—

December 31, 2024 calculation

Fixed asset turnover = Revenue (ttm) ÷ Property, plant and equipment
= $385,148K ÷ $—K
= —

The fixed asset turnover ratio measures a company's ability to generate sales from its investment in fixed assets such as property, plant, and equipment. A higher fixed asset turnover ratio indicates that the company is more efficient in utilizing its fixed assets to generate revenue.

For Certara Inc, the fixed asset turnover has shown an upward trend over the years, starting at 62.90 in December 2020 and increasing to 139.85 by December 2022. This upward trend suggests that Certara Inc has been able to increase its revenue generated from its fixed assets over this period.

The company's fixed asset turnover peaked at 159.60 in June 2023, indicating a significant improvement in efficiency in utilizing its fixed assets to generate sales. However, the ratio dropped to 148.64 in March 2023, which may indicate a slight dip in efficiency during that period.

It is worth noting that there is missing data for some quarters, which limits the ability to analyze the trend consistently. Nevertheless, based on the available data, Certara Inc has shown a positive trend in its fixed asset turnover, indicating improved efficiency in leveraging its fixed assets to drive sales growth over the years.