Veeva Systems (FRA:VEE) Current Deferred Revenue : €964 Mil (As of Jan. 2024)

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What is Veeva Systems Current Deferred Revenue?

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Veeva Systems's current deferred revenue for the quarter that ended in Jan. 2024 was €964 Mil.

Veeva Systems Current Deferred Revenue Historical Data

The historical data trend for Veeva Systems's Current Deferred Revenue 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 Current Deferred Revenue Chart

Veeva Systems Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Current Deferred Revenue

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422.47

506.55

646.86

806.70

963.68

Veeva Systems Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Current Deferred Revenue	Get a 7-Day Free Trial															806.70	793.37	756.20	610.31	963.68

Veeva Systems Current Deferred Revenue Related Terms

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Veeva Systems (FRA:VEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veeva Systems Inc (FRA:VEE) » Definitions » Current Deferred Revenue

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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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