Veeva Systems Inc.

Veeva Systems Inc.verified

VEEV

Price:

$217.48

Market Cap:

$35.22B

Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, the Middle East, Africa, and Latin America. The company offers Veeva Commercial Cloud, a suite of software, data, and analytics solutions, which include Veeva customer relationship management (CRM) and Veeva Medical CRM, Veeva CLM, Veeva CRM MyInsights, Veeva CLM, Veeva CRM Approved Email, Veeva CRM Engage, Veeva Align, Veeva CRM Events Management, Veeva Nitro, Veeva OpenData, Veeva Link, Veeva Network, Veeva Crossix, Veeva Data Cloud, and MyVeeva for Patients; and Veeva Vault, a cloud-based enterprise content and data management applications for managing commercial fun...[Read more]

Industry

Medical - Healthcare Information Services

IPO Date

2013-10-16

Stock Exchange

NYSE

Ticker

VEEV

The Current Ratio as of September 2024 (TTM) for Veeva Systems Inc. (VEEV) is 5.01

According to Veeva Systems Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.01. This represents a change of 4.53% compared to the average of 4.80 of the last 4 quarters.

Veeva Systems Inc. (VEEV) Historical Current Ratio (quarterly & annually)

How has VEEV Current Ratio performed in the past?

The mean historical Current Ratio of Veeva Systems Inc. over the last ten years is 3.39. The current 5.01 Current Ratio has changed 14.67% with respect to the historical average. Over the past ten years (40 quarters), VEEV's Current Ratio was at its highest in in the October 2023 quarter at 5.64. The Current Ratio was at its lowest in in the April 2016 quarter at 2.65.

Quarterly (TTM)
Annual

Average

3.39

Median

3.40

Minimum

2.69

Maximum

4.24

Veeva Systems Inc. (VEEV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Veeva Systems Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 16.19%

Maximum Annual Current Ratio = 4.24

Minimum Annual Increase = -27.34%

Minimum Annual Current Ratio = 2.69

Quarterly (TTM)
Annual
YearCurrent RatioChange
20244.247.65%
20233.946.68%
20223.7014.50%
20213.2316.19%
20202.78-22.28%
20193.5711.57%
20183.2011.06%
20172.887.20%
20162.69-27.34%
20153.70-9.33%

Veeva Systems Inc. (VEEV) Average Current Ratio

How has VEEV Current Ratio performed in the past?

The current Current Ratio of Veeva Systems Inc. (VEEV) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.96

5-year avg

3.58

10-year avg

3.39

Veeva Systems Inc. (VEEV) Current Ratio vs. Peers

How is VEEV’s Current Ratio compared to its peers?

Veeva Systems Inc.’s Current Ratio is greater than Progyny, Inc. (2.58), greater than Teladoc Health, Inc. (1.62), less than GoodRx Holdings, Inc. (7.32), less than 10x Genomics, Inc. (5.22), greater than Schrödinger, Inc. (4.50), less than Doximity, Inc. (6.69), greater than American Well Corporation (3.19), greater than GE HealthCare Technologies Inc. (1.01), less than Certara, Inc. (0), greater than HealthEquity, Inc. (2.61), greater than R1 RCM Inc. (4.10), greater than Accolade, Inc. (1.84), greater than null (2.75),

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