Certara (HAM:700) Accounts Payable & Accrued Expense : €10.9 Mil (As of Jun. 2024)

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What is Certara Accounts Payable & Accrued Expense?

Certara's quarterly accounts payable & accrued expense declined from Dec. 2023 (€11.4 Mil) to Mar. 2024 (€9.6 Mil) but then increased from Mar. 2024 (€9.6 Mil) to Jun. 2024 (€10.9 Mil).

Certara's annual accounts payable & accrued expense increased from Dec. 2021 (€10.1 Mil) to Dec. 2022 (€11.3 Mil) and increased from Dec. 2022 (€11.3 Mil) to Dec. 2023 (€11.4 Mil).

Certara Accounts Payable & Accrued Expense Historical Data

The historical data trend for Certara's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Certara Accounts Payable & Accrued Expense Chart

Certara Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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10.26

8.44

10.12

11.26

11.41

Certara Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															13.34	15.83	11.41	9.60	10.92

Certara Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Certara Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Certara Inc (HAM:700) » Definitions » Accounts Payable & Accrued Expense

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CERT:USA

Address

100 Overlook Center, Suite 101, Princeton, NJ, USA, 08540

Website

https://www.certara.com

Certara Inc accelerates medicines to patients using biosimulation software and technology to transform traditional drug discovery and development. It provides modeling and simulation, regulatory science, and assessment software and services to help clients reduce clinical trials, accelerate regulatory approval and increase patient access to medicines. The group has a business presence in the United States, EMEA, and other regions, of which a majority of revenue is derived from the United States.

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