Certara Inc (CERT)
Receivables 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 |
| Receivables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Receivables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Receivables turnover = Revenue (ttm) ÷ Receivables
= $385,148K ÷ $—K
= —
The receivables turnover ratio for Certara Inc is not available based on the provided data for the periods up to December 31, 2024. The receivables turnover ratio is a financial metric used to evaluate a company's efficiency in collecting outstanding receivables from customers during a specific period. This ratio indicates how many times during a period the company collects its average accounts receivable balance.
A higher receivables turnover ratio is generally preferred as it suggests that the company is collecting its receivables more frequently, which could indicate effective credit and collection policies. On the other hand, a low turnover ratio may indicate inefficiencies in the collections process or potential issues with credit policies.
Without the specific receivables turnover figures, it is challenging to assess Certara Inc's effectiveness in managing its accounts receivable and its overall financial health. Monitoring this ratio over time can provide insights into the company's liquidity, operational efficiency, and customer credit risk management.
Peer comparison
Dec 31, 2024