Certara Inc (CERT)
Payables 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 180,735 | 188,652 | 187,339 | 170,560 | 153,136 | 138,738 | 135,674 | 134,644 | 132,577 | 130,084 | 126,041 | 118,389 | 111,616 | 117,232 | 111,493 | 104,598 | 100,765 | 87,813 | 83,676 | 82,491 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $180,735K ÷ $—K
= —
The payables turnover ratio for Certara Inc based on the provided data is not available for any of the reported periods from March 31, 2020, through December 31, 2024. This indicates that the company's financial statements do not provide the necessary information to calculate the payables turnover ratio, which is a key indicator of how efficiently a company is managing its accounts payable and paying off its suppliers. The payables turnover ratio helps in assessing the liquidity and efficiency of the company's working capital management. Without this data, it is difficult to evaluate Certara Inc's ability to effectively manage its payables and the speed at which it is paying its creditors.
Peer comparison
Dec 31, 2024