Veeva Systems (XTER:VEE) Tax Rate % : 19.32% (As of Jan. 2024)

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What is Veeva Systems Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Veeva Systems's Tax Expense for the three months ended in Jan. 2024 was €32 Mil. Veeva Systems's Pre-Tax Income for the three months ended in Jan. 2024 was €168 Mil. Therefore, Veeva Systems's Tax Rate % for the quarter that ended in Jan. 2024 was 19.32%.

Veeva Systems Tax Rate % Historical Data

The historical data trend for Veeva Systems's Tax Rate % 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 Tax Rate % Chart

Veeva Systems Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Tax Rate %

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4.01

3.55

16.58

4.20

10.60

Veeva Systems Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Tax Rate %	Get a 7-Day Free Trial															-39.28	-43.30	21.87	20.81	19.32

Veeva Systems Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Veeva Systems's Tax Rate % for the fiscal year that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Jan. 2024 )	/	Pre-Tax Income (A: Jan. 2024 )
	=	57.208	/	539.805
	=	10.60 %

Veeva Systems's Tax Rate % for the quarter that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Jan. 2024 )	/	Pre-Tax Income (Q: Jan. 2024 )
	=	32.401	/	167.712
	=	19.32 %

Veeva Systems Tax Rate % Related Terms

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Veeva Systems (XTER:VEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Veeva Systems Inc (XTER:VEE) » Definitions » Tax Rate %

Comparable Companies

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VEEV:USA VEEV:Mexico 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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