Veeva Good Will from 2010 to 2024

VEEV Stock  USD 224.69  4.09  1.79%   
Veeva Systems Good Will yearly trend continues to be fairly stable with very little volatility. Good Will will likely drop to about 258.7 M in 2024. Good Will is an intangible asset that arises when Veeva Systems Class acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2013-07-31
Previous Quarter
439.9 M
Current Value
439.9 M
Quarterly Volatility
190.3 M
 
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' Good Will Growth Pattern

Below is the plot of the Good Will of Veeva Systems Class over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Veeva Systems' Good Will 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.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Veeva Good Will Regression Statistics

Arithmetic Mean195,070,737
Geometric Mean63,465,238
Coefficient Of Variation102.36
Mean Deviation179,790,751
Median95,804,000
Standard Deviation199,681,115
Sample Variance39872.5T
Range501M
R-Value0.85
Mean Square Error11617.7T
R-Squared0.73
Significance0.000051
Slope38,134,439
Total Sum of Squares558215.7T

Veeva Good Will History

2024258.7 M
2023505.9 M
2021439.9 M
2020436 M
2019438.5 M
201695.8 M
201595.5 M

About Veeva Systems Financial Statements

Veeva Systems investors use historical fundamental indicators, such as Veeva Systems' Good Will, 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
Good Will505.9 M258.7 M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

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.