Veeva Retained Earnings vs Net Working Capital Analysis

VEEV Stock

USD 224.69 4.09 1.79%

Veeva Systems financial indicator trend analysis is much more than just breaking down Veeva Systems Class prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Veeva Systems Class is a good investment. Please check the relationship between Veeva Systems Retained Earnings and its Net Working Capital accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeva Systems Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

Retained Earnings vs Net Working Capital

Retained Earnings vs Net Working Capital Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Veeva Systems Class Retained Earnings account and Net Working Capital. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Veeva Systems' Retained Earnings and Net Working Capital is 0.92. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Net Working Capital in the same time period over historical financial statements of Veeva Systems Class, assuming nothing else is changed. The correlation between historical values of Veeva Systems' Retained Earnings and Net Working Capital is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of Veeva Systems Class are associated (or correlated) with its Net Working Capital. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Working Capital has no effect on the direction of Retained Earnings i.e., Veeva Systems' Retained Earnings and Net Working Capital go up and down completely randomly.

Correlation Coefficient

0.92

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Retained Earnings

The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.

Net Working Capital

Most indicators from Veeva Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Veeva Systems Class current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Veeva Systems Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

At this time, Veeva Systems' Selling General Administrative is fairly stable compared to the past year. Enterprise Value Over EBITDA is likely to climb to 117.41 in 2024, whereas Tax Provision is likely to drop slightly above 34.9 M in 2024.

	2021	2022	2023	2024 (projected)
Gross Profit	1.3B	1.5B	1.7B	1.8B
Total Revenue	1.9B	2.2B	2.4B	2.5B

Gross Profit Total Revenue

Veeva Systems fundamental ratios Correlations

	Common Stock Shares Outstanding	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Other Liab	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets
Common Stock Shares Outstanding		0.78	0.86	0.81	0.77	0.78	0.91	0.81	-0.84	0.74	0.76	0.82	0.82	0.68	0.5	0.74	0.82	0.79	-0.32	0.76	0.81	0.81	0.89	0.76	0.47	0.76
Total Assets	0.78		0.81	1.0	1.0	0.91	0.77	1.0	-0.83	1.0	0.95	0.77	0.95	0.96	0.39	0.99	0.99	0.97	-0.4	0.97	1.0	1.0	0.94	1.0	0.59	0.61
Other Current Liab	0.86	0.81		0.85	0.8	0.75	0.97	0.84	-0.87	0.79	0.86	0.9	0.9	0.76	0.69	0.76	0.86	0.88	-0.56	0.82	0.8	0.85	0.88	0.78	0.51	0.88
Total Current Liabilities	0.81	1.0	0.85		0.99	0.91	0.82	1.0	-0.86	0.99	0.95	0.8	0.96	0.95	0.43	0.98	1.0	0.98	-0.42	0.97	0.99	1.0	0.96	0.99	0.59	0.66
Total Stockholder Equity	0.77	1.0	0.8	0.99		0.92	0.76	1.0	-0.82	1.0	0.94	0.76	0.94	0.97	0.38	1.0	0.99	0.97	-0.39	0.97	1.0	0.99	0.93	1.0	0.58	0.59
Other Liab	0.78	0.91	0.75	0.91	0.92		0.7	0.91	-0.72	0.9	0.84	0.65	0.83	0.88	0.36	0.92	0.89	0.85	-0.5	0.85	0.94	0.91	0.87	0.92	0.32	0.48
Property Plant And Equipment Net	0.91	0.77	0.97	0.82	0.76	0.7		0.81	-0.84	0.75	0.82	0.87	0.9	0.69	0.62	0.71	0.84	0.85	-0.46	0.8	0.78	0.82	0.9	0.74	0.53	0.92
Current Deferred Revenue	0.81	1.0	0.84	1.0	1.0	0.91	0.81		-0.85	0.99	0.95	0.79	0.96	0.95	0.41	0.99	1.0	0.98	-0.42	0.97	0.99	1.0	0.96	0.99	0.58	0.65
Net Debt	-0.84	-0.83	-0.87	-0.86	-0.82	-0.72	-0.84	-0.85		-0.82	-0.82	-0.98	-0.84	-0.82	-0.59	-0.8	-0.88	-0.84	0.4	-0.88	-0.82	-0.86	-0.82	-0.82	-0.67	-0.72
Retained Earnings	0.74	1.0	0.79	0.99	1.0	0.9	0.75	0.99	-0.82		0.95	0.76	0.94	0.97	0.38	0.99	0.99	0.97	-0.39	0.97	0.99	0.99	0.92	1.0	0.59	0.59
Accounts Payable	0.76	0.95	0.86	0.95	0.94	0.84	0.82	0.95	-0.82	0.95		0.78	0.95	0.93	0.63	0.93	0.96	0.97	-0.4	0.94	0.93	0.96	0.9	0.94	0.64	0.69
Cash	0.82	0.77	0.9	0.8	0.76	0.65	0.87	0.79	-0.98	0.76	0.78		0.8	0.76	0.64	0.73	0.83	0.8	-0.39	0.83	0.76	0.8	0.78	0.75	0.69	0.76
Non Current Assets Total	0.82	0.95	0.9	0.96	0.94	0.83	0.9	0.96	-0.84	0.94	0.95	0.8		0.88	0.49	0.91	0.97	0.99	-0.47	0.93	0.94	0.97	0.98	0.92	0.58	0.82
Non Currrent Assets Other	0.68	0.96	0.76	0.95	0.97	0.88	0.69	0.95	-0.82	0.97	0.93	0.76	0.88		0.43	0.97	0.95	0.93	-0.34	0.94	0.95	0.95	0.85	0.97	0.61	0.52
Other Assets	0.5	0.39	0.69	0.43	0.38	0.36	0.62	0.41	-0.59	0.38	0.63	0.64	0.49	0.43		0.34	0.45	0.47	-0.3	0.46	0.37	0.43	0.4	0.36	0.45	0.57
Cash And Short Term Investments	0.74	0.99	0.76	0.98	1.0	0.92	0.71	0.99	-0.8	0.99	0.93	0.73	0.91	0.97	0.34		0.97	0.94	-0.36	0.96	0.99	0.98	0.91	1.0	0.57	0.53
Net Receivables	0.82	0.99	0.86	1.0	0.99	0.89	0.84	1.0	-0.88	0.99	0.96	0.83	0.97	0.95	0.45	0.97		0.98	-0.44	0.98	0.98	1.0	0.96	0.98	0.61	0.69
Non Current Liabilities Total	0.79	0.97	0.88	0.98	0.97	0.85	0.85	0.98	-0.84	0.97	0.97	0.8	0.99	0.93	0.47	0.94	0.98		-0.45	0.96	0.96	0.98	0.96	0.96	0.61	0.76
Inventory	-0.32	-0.4	-0.56	-0.42	-0.39	-0.5	-0.46	-0.42	0.4	-0.39	-0.4	-0.39	-0.47	-0.34	-0.3	-0.36	-0.44	-0.45		-0.39	-0.37	-0.43	-0.46	-0.38	0.22	-0.47
Other Current Assets	0.76	0.97	0.82	0.97	0.97	0.85	0.8	0.97	-0.88	0.97	0.94	0.83	0.93	0.94	0.46	0.96	0.98	0.96	-0.39		0.96	0.97	0.91	0.96	0.69	0.64
Other Stockholder Equity	0.81	1.0	0.8	0.99	1.0	0.94	0.78	0.99	-0.82	0.99	0.93	0.76	0.94	0.95	0.37	0.99	0.98	0.96	-0.37	0.96		0.99	0.95	0.99	0.56	0.6
Total Liab	0.81	1.0	0.85	1.0	0.99	0.91	0.82	1.0	-0.86	0.99	0.96	0.8	0.97	0.95	0.43	0.98	1.0	0.98	-0.43	0.97	0.99		0.96	0.99	0.59	0.67
Property Plant And Equipment Gross	0.89	0.94	0.88	0.96	0.93	0.87	0.9	0.96	-0.82	0.92	0.9	0.78	0.98	0.85	0.4	0.91	0.96	0.96	-0.46	0.91	0.95	0.96		0.92	0.5	0.79
Total Current Assets	0.76	1.0	0.78	0.99	1.0	0.92	0.74	0.99	-0.82	1.0	0.94	0.75	0.92	0.97	0.36	1.0	0.98	0.96	-0.38	0.96	0.99	0.99	0.92		0.58	0.56
Short Term Debt	0.47	0.59	0.51	0.59	0.58	0.32	0.53	0.58	-0.67	0.59	0.64	0.69	0.58	0.61	0.45	0.57	0.61	0.61	0.22	0.69	0.56	0.59	0.5	0.58		0.45
Intangible Assets	0.76	0.61	0.88	0.66	0.59	0.48	0.92	0.65	-0.72	0.59	0.69	0.76	0.82	0.52	0.57	0.53	0.69	0.76	-0.47	0.64	0.6	0.67	0.79	0.56	0.45

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Veeva Systems Account Relationship Matchups

Veeva Systems fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Common Stock Shares Outstanding	158.3M	160.7M	162.3M	162.4M	163.5M	160.8M
Total Assets	2.3B	3.0B	3.8B	4.8B	5.9B	6.2B
Other Current Liab	52.9M	49.7M	59.0M	68.3M	59.4M	33.1M
Total Current Liabilities	551.2M	716.0M	840.8M	1.0B	1.2B	1.2B
Total Stockholder Equity	1.7B	2.3B	2.9B	3.7B	4.6B	4.9B
Other Liab	10.2M	12.4M	20.4M	31.6M	36.3M	38.1M
Property Plant And Equipment Net	103.9M	110.6M	104.1M	105.2M	104.1M	64.8M
Current Deferred Revenue	468.9M	617.0M	731.7M	869.3M	1.0B	1.1B
Net Debt	(421.9M)	(667.4M)	(1.1B)	(825.5M)	(647.7M)	(680.1M)
Retained Earnings	919.7M	1.3B	1.7B	2.2B	2.7B	2.9B
Accounts Payable	19.4M	23.3M	20.3M	41.7M	31.5M	33.1M
Cash	476.7M	730.5M	1.1B	886.5M	703.5M	473.6M
Non Current Assets Total	740.7M	735.2M	709.3M	835.0M	907.7M	953.1M
Non Currrent Assets Other	16.2M	17.9M	55.0M	67.6M	67.2M	70.6M
Other Assets	63.6M	74.1M	63.3M	207.5M	1.0	0.95
Cash And Short Term Investments	1.1B	1.7B	2.4B	3.1B	4.0B	4.2B
Net Receivables	422.5M	611.6M	694.4M	785.2M	888.5M	933.0M
Liabilities And Stockholders Equity	2.3B	3.0B	3.8B	4.8B	5.9B	6.2B
Non Current Liabilities Total	55.0M	63.8M	64.0M	81.2M	87.2M	91.6M
Other Current Assets	21.9M	70.8M	73.4M	81.5M	86.9M	91.3M
Other Stockholder Equity	745.5M	965.7M	1.2B	1.5B	1.9B	2.0B
Total Liab	606.2M	779.7M	904.8M	1.1B	1.3B	1.3B
Property Plant And Equipment Gross	103.9M	110.6M	104.1M	105.2M	140.9M	147.9M
Total Current Assets	1.5B	2.3B	3.1B	4.0B	5.0B	5.3B
Accumulated Other Comprehensive Income	460K	992K	(12.0M)	(31.1M)	(10.6M)	(10.1M)
Short Term Debt	10.0M	23.5M	22.0M	22.6M	18.7M	14.3M
Intangible Assets	134.6M	114.6M	101.9M	82.5M	63.0M	55.5M
Property Plant Equipment	54.8M	110.6M	104.1M	105.2M	120.9M	127.0M
Short Term Investments	610.0M	933.1M	1.2B	2.2B	3.3B	3.5B
Net Tangible Assets	1.1B	1.7B	2.4B	3.2B	3.7B	3.9B
Retained Earnings Total Equity	354.9M	619.2M	919.7M	1.3B	1.5B	1.6B
Capital Surpluse	515.3M	617.6M	745.5M	965.7M	1.1B	576.9M
Deferred Long Term Liab	2.4M	42.1M	33.1M	31.8M	36.6M	21.5M
Non Current Liabilities Other	52.6M	10.6M	18.2M	30.1M	38.7M	40.7M
Deferred Long Term Asset Charges	3.5M	36.8M	35.6M	42.1M	48.4M	26.4M
Net Invested Capital	1.7B	2.3B	2.9B	3.7B	4.6B	2.7B
Net Working Capital	980.0M	1.6B	2.3B	3.0B	3.8B	2.1B

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