Veeva Payables Turnover from 2010 to 2024

VEEV Stock  USD 228.78  3.70  1.59%   
Veeva Systems Payables Turnover yearly trend continues to be fairly stable with very little volatility. Payables Turnover is likely to outpace its year average in 2024. Payables Turnover is a liquidity ratio that shows how quickly Veeva Systems Class pays off its suppliers by dividing total purchases by average accounts payable. View All Fundamentals
 
Payables Turnover  
First Reported
2010-12-31
Previous Quarter
21.49243169
Current Value
26.91
Quarterly Volatility
7.10989367
 
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' Payables Turnover Growth Pattern

Below is the plot of the Payables Turnover of Veeva Systems Class over the last few years. It is a liquidity ratio that shows how quickly a company pays off its suppliers by dividing total purchases by average accounts payable. Veeva Systems' Payables 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.
Payables Turnover10 Years Trend
Pretty Stable
   Payables Turnover   
       Timeline  

Veeva Payables Turnover Regression Statistics

Arithmetic Mean24.28
Geometric Mean23.31
Coefficient Of Variation29.29
Mean Deviation6.02
Median24.75
Standard Deviation7.11
Sample Variance50.55
Range24.3967
R-Value(0.16)
Mean Square Error53.00
R-Squared0.03
Significance0.56
Slope(0.26)
Total Sum of Squares707.71

Veeva Payables Turnover History

2024 26.91
2023 21.49
2022 14.62
2021 24.75
2020 17.59
2019 15.62
2018 26.92

About Veeva Systems Financial Statements

Veeva Systems investors use historical fundamental indicators, such as Veeva Systems' Payables 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
Payables Turnover 21.49  26.91 

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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.