Veeva Fixed Asset Turnover from 2010 to 2024

VEEV Stock  USD 226.76  0.00  0.00%   
Veeva Systems Fixed Asset Turnover yearly trend continues to be fairly stable with very little volatility. Fixed Asset Turnover is likely to outpace its year average in 2024. During the period from 2010 to 2024, Veeva Systems Fixed Asset Turnover regression line of quarterly data had mean square error of  635.68 and geometric mean of  23.53. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
22.69837901
Current Value
33.72
Quarterly Volatility
31.13443919
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Veeva Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Veeva Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 18.3 M, Interest Expense of 60.4 M or Selling General Administrative of 258.9 M, as well as many indicators such as Price To Sales Ratio of 13.38, Dividend Yield of 0.0 or PTB Ratio of 6.81. Veeva financial statements analysis is a perfect complement when working with Veeva Systems Valuation or Volatility modules.
  
Check out the analysis of Veeva Systems Correlation against competitors.

Latest Veeva Systems' Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of Veeva Systems Class over the last few years. It is Veeva Systems' Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Veeva Systems' overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

Veeva Fixed Asset Turnover Regression Statistics

Arithmetic Mean33.77
Geometric Mean23.53
Coefficient Of Variation92.19
Mean Deviation25.80
Median17.77
Standard Deviation31.13
Sample Variance969.35
Range85.3226
R-Value(0.63)
Mean Square Error635.68
R-Squared0.39
Significance0.01
Slope(4.35)
Total Sum of Squares13,571

Veeva Fixed Asset Turnover History

2024 33.72
2023 22.7
2022 20.49
2021 17.77
2020 13.25
2019 10.63
2018 15.69

About Veeva Systems Financial Statements

Veeva Systems investors use historical fundamental indicators, such as Veeva Systems' Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Veeva Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Fixed Asset Turnover 22.70  33.72 

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Additional Tools for Veeva Stock Analysis

When running Veeva Systems' price analysis, check to measure Veeva Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Veeva Systems is operating at the current time. Most of Veeva Systems' value examination focuses on studying past and present price action to predict the probability of Veeva Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Veeva Systems' price. Additionally, you may evaluate how the addition of Veeva Systems to your portfolios can decrease your overall portfolio volatility.