Certara Inc (CERT)
Receivables turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 385,148 | 354,337 | 335,644 | 286,104 | 243,530 |
| Receivables | US$ in thousands | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue ÷ Receivables
= $385,148K ÷ $—K
= —
The Receivables turnover ratio for Certara Inc has been indicated as not available (N/A) for the years December 31, 2020 through December 31, 2024. The absence of data on receivables turnover makes it challenging to assess the effectiveness of the company in collecting its accounts receivable during these periods. A higher receivables turnover ratio typically suggests that the company efficiently collects payments from its customers, while a lower ratio may indicate issues with credit policies or difficulties in collecting outstanding receivables. Due to the lack of specific figures, further insights into Certara Inc's receivables management performance cannot be provided at this time.
Peer comparison
Dec 31, 2024