Veeva Systems (BSP:V2EE34) Days Sales Outstanding : 80.66 (As of Jan. 2024)

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What is Veeva Systems Days Sales Outstanding?

Veeva Systems's average Accounts Receivable for the three months ended in Jan. 2024 was R$2,741 Mil. Veeva Systems's Revenue for the three months ended in Jan. 2024 was R$3,102 Mil. Hence, Veeva Systems's Days Sales Outstanding for the three months ended in Jan. 2024 was 80.66.

The historical rank and industry rank for Veeva Systems's Days Sales Outstanding or its related term are showing as below:

BSP:V2EE34' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.38 Med: 112.39 Max: 120.08
Current: 80.38

During the past 13 years, Veeva Systems's highest Days Sales Outstanding was 120.08. The lowest was 80.38. And the median was 112.39.

BSP:V2EE34's Days Sales Outstanding is ranked worse than
78.81% of 637 companies
in the Healthcare Providers & Services industry
Industry Median: 46.01 vs BSP:V2EE34: 80.38

Veeva Systems's Days Sales Outstanding increased from Jan. 2023 (76.83) to Jan. 2024 (80.66).

Veeva Systems Days Sales Outstanding Historical Data

The historical data trend for Veeva Systems's Days Sales Outstanding 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 Days Sales Outstanding Chart

Veeva Systems Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Sales Outstanding

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109.55

107.85

116.25

116.46

123.10

Veeva Systems Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															76.83	98.81	62.69	45.54	80.66

Competitive Comparison of Veeva Systems's Days Sales Outstanding

For the Health Information Services subindustry, Veeva Systems's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Veeva Systems's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Veeva Systems's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Veeva Systems's Days Sales Outstanding falls into.

Veeva Systems Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Veeva Systems's Days Sales Outstanding for the fiscal year that ended in Jan. 2024 is calculated as

	Days Sales Outstanding (A: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (3650.402	+	4191.152)	/	2 )	/	11625.017	*	365
=	3920.777					/	11625.017	*	365
=	123.10

Veeva Systems's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (1291.803	+	4191.152)	/	2 )	/	3101.505	*	365 / 4
=	2741.4775					/	3101.505	*	365 / 4
=	80.66

Veeva Systems (BSP:V2EE34) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Veeva Systems Days Sales Outstanding Related Terms

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Veeva Systems (BSP:V2EE34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veeva Systems Inc (BSP:V2EE34) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

VEEV:USA VEEV:Mexico VEE:Germany 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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