Veeva Systems (FRA:VEE) Accounts Payable & Accrued Expense : €92 Mil (As of Jan. 2024)

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What is Veeva Systems Accounts Payable & Accrued Expense?

Veeva Systems's quarterly accounts payable & accrued expense declined from Jul. 2023 (€96 Mil) to Oct. 2023 (€91 Mil) but then increased from Oct. 2023 (€91 Mil) to Jan. 2024 (€92 Mil).

Veeva Systems's annual accounts payable & accrued expense increased from Jan. 2022 (€73 Mil) to Jan. 2023 (€102 Mil) but then declined from Jan. 2023 (€102 Mil) to Jan. 2024 (€92 Mil).

Veeva Systems Accounts Payable & Accrued Expense Historical Data

The historical data trend for Veeva Systems'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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Veeva Systems Accounts Payable & Accrued Expense Chart

Veeva Systems Annual Data

Trend

Jan15

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Jan17

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Jan21

Jan22

Jan23

Jan24

Accounts Payable & Accrued Expense

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42.03

46.65

72.72

101.52

91.83

Veeva Systems Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															101.52	74.14	96.28	90.72	91.83

Veeva Systems 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.

Veeva Systems (FRA:VEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veeva Systems Inc (FRA:VEE) » Definitions » Accounts Payable & Accrued Expense

Comparable Companies

Traded in Other Exchanges

VEEV:USA VEEV:Mexico VEE:Germany V2EE34:Brazil VEEV:Austria

Address

4280 Hacienda Drive, Pleasanton, CA, USA, 94588

Website

https://www.veeva.com

Veeva is the global leading supplier of cloud-based software solutions for the life sciences industry. The company's best-of-breed offerings address operating and regulatory requirements for customers ranging from small, emerging biotechnology companies to departments of global pharmaceutical manufacturers. The company leverages its domain expertise to improve the efficiency and compliance of the underserved life sciences industry, displacing large, highly customized and dated enterprise resource planning systems that have limited flexibility. Its two main products are Veeva CRM, a customer relationship management platform for companies with a salesforce, and Veeva Vault, a content management platform that tackles various functions within any life sciences company.

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