Certara (HAM:700) Change In Receivables : €-5.6 Mil (TTM As of Jun. 2024)

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What is Certara Change In Receivables?

Certara's change in receivables for the quarter that ended in Jun. 2024 was €-9.5 Mil. It means Certara's Accounts Receivable increased by €9.5 Mil from Mar. 2024 to Jun. 2024 .

Certara's change in receivables for the fiscal year that ended in Dec. 2023 was €0.1 Mil. It means Certara's Accounts Receivable declined by €0.1 Mil from Dec. 2022 to Dec. 2023 .

Certara's Accounts Receivable for the quarter that ended in Jun. 2024 was €69.9 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Certara's Days Sales Outstanding for the three months ended in Jun. 2024 was 73.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Certara's liquidation value for the three months ended in Jun. 2024 was €-199.9 Mil.

Certara Change In Receivables Historical Data

The historical data trend for Certara's Change In Receivables 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 Change In Receivables Chart

Certara Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.37

-3.23

-8.91

-14.17

0.14

Certara Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															-0.85	6.29	-5.77	3.34	-9.51

Certara Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-5.6 Mil.

Certara (HAM:700) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Certara's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	69.851	/	86.688	*	91
=	73.53

2. In Ben Graham's calculation of liquidation value, Certara's accounts receivable are only considered to be worth 75% of book value:

Certara's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	208.652	-	460.981	+	0.75 * 69.851	+	0.5 * 0
=	-199.9

Certara Change In Receivables Related Terms

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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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