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Veeva Systems (XTER:VEE) Days Inventory : 0.00 (As of Oct. 2024)


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What is Veeva Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Veeva Systems's Average Total Inventories for the three months ended in Oct. 2024 was €0 Mil. Veeva Systems's Cost of Goods Sold for the three months ended in Oct. 2024 was €160 Mil. Hence, Veeva Systems's Days Inventory for the three months ended in Oct. 2024 was 0.00.

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

XTER:VEE's Days Inventory is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 31.015
* Ranked among companies with meaningful Days Inventory only.

Veeva Systems's Days Inventory stayed the same from Oct. 2023 (0.00) to Oct. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Veeva Systems's Inventory-to-Revenue for the three months ended in Oct. 2024 was 0.00.


Veeva Systems Days Inventory Historical Data

The historical data trend for Veeva Systems's Days Inventory 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.

* Premium members only.

Veeva Systems Days Inventory Chart

Veeva Systems Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
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Veeva Systems Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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Competitive Comparison of Veeva Systems's Days Inventory

For the Health Information Services subindustry, Veeva Systems's Days Inventory, along with its competitors' market caps and Days Inventory 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 Inventory Distribution in the Healthcare Providers & Services Industry

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

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



Veeva Systems Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 621.753*365
=0 / 621.753*365
=0.00

Veeva Systems's Days Inventory for the quarter that ended in Oct. 2024 is calculated as:

Days Inventory (Q: Oct. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2024 ) + Total Inventories (Q: Oct. 2024 )) / count ) / Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 160.089*365 / 4
=0 / 160.089*365 / 4
=0.00

* 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.


Veeva Systems  (XTER:VEE) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Veeva Systems's Inventory Turnover for the three months ended in Oct. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Veeva Systems's Inventory to Revenue for the three months ended in Oct. 2024 is calculated as

* 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.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Veeva Systems Days Inventory Related Terms

Thank you for viewing the detailed overview of Veeva Systems's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Veeva Systems Business Description

Address
4280 Hacienda Drive, Pleasanton, CA, USA, 94588
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.

Veeva Systems Headlines

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