Certara (CERT) Receivables Refunds (2020 - 2023)

Certara (CERT) has 4 years of Receivables Refunds data on file, last reported at $3.4 million in Q1 2023.

• For the quarter ending Q1 2023, Receivables Refunds fell 31.04% year-over-year to $3.4 million; the trailing twelve-month figure through Mar 2023 stood at $3.4 million (down 31.04% YoY), and the FY2022 full-year result was $4.2 million, up 6.48% from the prior year.
• Receivables Refunds for Q1 2023 stood at $3.4 million, down from $4.2 million in the prior quarter.
• Across five years, Receivables Refunds topped out at $7.1 million in Q4 2020 and bottomed at $2.4 million in Q3 2022.
• The 4-year median for Receivables Refunds is $4.0 million (2021), against an average of $4.2 million.
• The widest annual swing landed in 2021, when Receivables Refunds tumbled 44.34%; it then increased 6.48% in 2022.
• A 4-year view of Receivables Refunds shows it stood at $7.1 million in 2020, then sank by 44.34% to $4.0 million in 2021, then gained by 6.48% to $4.2 million in 2022, then declined by 18.94% to $3.4 million in 2023.
• The last three Receivables Refunds figures came in at $3.4 million (Q1 2023), $4.2 million (Q4 2022), and $2.4 million (Q3 2022), per Business Quant data.

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