Company name:

Veeva Systems Inc

  • IPO SHARE PRICE:
    $20.00
  • IPO DATE:
    16 October 2013
  • TICKER:
    VEEV
  • MAIN STOCK EXCHANGE:
    New York Stock Exchange
  • CURRENT HQ LOCATION:
    4280 Hacienda Drive Pleasanton California 94588
  • FISCAL YEAR END:
    January 31
  • INCORPORATION JURISDICTION:
    None
  • ORGANIZED AS THE FOLLOWING LEGAL TYPE:
    Corporation
  • Investor Relations Webpage:
    Coming soon!
  • TAX RATE:
    USA federal corporate nominal income tax rate is 21%

Short Description

Veeva Systems Inc

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Balance Sheet

Quarterly Annual
(USD in thousand)
24.0% 30.6% 18.5%
Selected Year:
31-Jan
2021
Current Assets
Most valuable part of Current Assets is Cash and Marketable Securities which should be watched carefully; at the same time high and growing level of Accounts Receivables is very dangerous sign
75.9%
30.6% —

Short-term passive investments

24.0% —

Cash and cash equivalents

18.5% —

Accounts Receivable

1.5% —

Unbilled accounts receivable

1.2% —

Prepaid expenses and other current assets

Liquidity
Selected Year:
The most liquid asset, however, most companies don't keep much of it and invest excess cash into marketable securities such as Government bonds - in the US - Treasuries
Cash and cash equivalents
$45,679
$45,679
$45,679
$45,679
$45,679
 $320,183 $550,971 $476,733 $730,504
Short-term passive investments
$45,679
$45,679
$45,679
$45,679
$45,679
 441,779 539,190 610,015 933,122
Accounts Receivable
$45,679
$45,679
$45,679
$45,679
$45,679
 224,668 303,465 389,690 564,387
Unbilled accounts receivable
-
-
-
-
-
 13,348 18,122 32,817 47,206
Note Receivable from Related Party
$45,679
-
-
-
-
 - - - -
Income tax receivable
$45,679
-
-
-
-
 - - - -
Deferred tax assets
$45,679
$45,679
$45,679
-
-
 - - - -
Prepaid expenses and other current assets
-
-
$45,679
$45,679
$45,679
 12,443 21,666 21,869 35,607
Other short-term assets
$45,679
$45,679
-
-
-
 - - - -
Total current assets
$45,679
$45,679
$45,679
$45,679
$45,679
 $1,012,421 $1,433,414 $1,531,124 $2,310,826
3.8% 14.3%
Selected Year:
31-Jan
2021
Non-Current Assets
Non-current assets characterize company's business: high Property, Plant, and Equipment means that company is in capital-intensive industry which typically is very cyclical (earnings fluctuate a lot); watch out for high level of Goodwill and other non-intangibles which is bad sign as they typically worth very low relative to their value shown on the balance sheet
24.1%
14.3% —

Goodwill

3.8% —

Intangible assets

1.9% —

Right-of-use lease assets

1.8% —

Property and equipment net

1.4% —

Deferred costs

0.6% —

Other long-term assets

0.5% —

Deferred tax assets
Selected Year:
Property and equipment net
45,679
45,679
45,679
45,679
45,679
 52,284 54,966 54,752 53,650
Capitalized internal-use software net
45,679
45,679
45,679
-
-
 - - - -
Right-of-use lease assets
-
-
-
-
-
 - - 49,132 56,917
Deferred tax assets
-
-
45,679
45,679
45,679
 2,222 5,938 11,870 14,100
Deferred costs
-
-
-
-
-
 30,306 30,869 35,585 42,072
Intangible assets
45,679
45,679
45,679
45,679
45,679
 31,490 24,521 134,601 114,595
Goodwill
45,679
45,679
45,679
45,679
45,679
 95,804 95,804 438,529 436,029
Other long-term assets
45,679
45,679
45,679
45,679
45,679
 5,806 8,254 16,184 17,878
Total non-current assets
45,679
45,679
45,679
45,679
45,679
 217,912 220,352 740,653 735,241
Total assets
45,679
45,679
45,679
45,679
45,679
 $1,230,333 $1,653,766 $2,271,777 $3,046,067
20.3% 42.7% 31.7%
Selected Year:
31-Jan
2021
Current Liabilities
Current Liabilities represent company's short-term dues to others. The most important part to watch for is short-term debt and accounts payables
23.5%
20.3% —

Current portion of deferred revenue

1.0% —

Accrued expenses and other current liabilities

1.0% —

Accrued employee compensation and benefits

0.8% —

Accounts payable

0.4% —

Current portion of Leases

0.1% —

Income tax payable
Selected Year:
Accounts payable
$45,679
$45,679
$45,679
$45,679
$45,679
 $6,944 $9,110 $19,420 $23,253
Income tax payable
$45,679
$45,679
$45,679
$45,679
$45,679
 2,080 4,086 5,613 2,590
Accrued employee compensation and benefits
-
$45,679
$45,679
$45,679
$45,679
 17,054 15,324 25,619 30,410
Accrued expenses
$45,679
-
-
-
-
 - - - -
Accrued expenses and other current liabilities
-
$45,679
$45,679
$45,679
$45,679
 13,152 16,145 21,620 30,982
Current portion of deferred revenue
$45,679
$45,679
$45,679
$45,679
$45,679
 266,939 356,357 468,887 616,992
Current portion of Leases
-
-
-
-
-
 - - 10,013 11,725
Total current liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
 $306,169 $401,022 $551,172 $715,952
Selected Year:
31-Jan
2021
Non-Current Liabilities
The most critical items are revolving credit facility, term loans, and then notes - any forms of debt; in addition, pay attention to items like pension liabilites and leases- hidden debt
2.1%
1.7% —

Leases

0.3% —

Other non-current liabilities

0.1% —

Deferred tax liability
Selected Year:
Deferred tax liability
$45,679
-
$45,679
$45,679
$45,679
 10,949 6,095 2,417 1,835
Leases
-
-
-
-
-
 - - 44,815 51,393
Other non-current liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
 6,977 8,900 7,779 10,567
Total long-term liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
 $17,926 $14,995 $55,011 $63,795
Total Liabilities
$45,679
$45,679
$45,679
$45,679
$45,679
 $324,095 $416,017 $606,183 $779,747
Selected Year:
31-Jan
2021
Equity
It's residue that is owned by shareholders after satisfying all of the liabilities with all of the assets; the larger the amount, the better the business is
74.4%
42.7% —

Retained earnings

31.7% —

Additional paid-in capital

0.0% —

Accumulated other comprehensive income

0.0% —

Common stock Class A
Selected Year:
Convertible preferred stock Series A
$45,679
-
-
-
-
 - - - -
Convertible preferred stock Series B
$45,679
-
-
-
-
 - - - -
Preferred Stock
$45,679
-
-
-
-
 - - - -
Common stock
$45,679
-
-
-
-
 - - - -
Common stock Class A
$45,679
$45,679
$45,679
$45,679
$45,679
 1 1 1 2
Common stock Class B
$45,679
$45,679
$45,679
$45,679
$45,679
 - - - -
Retained earnings
$45,679
$45,679
$45,679
$45,679
$45,679
 389,365 619,197 919,658 1,299,656
Additional paid-in capital
$45,679
$45,679
$45,679
$45,679
$45,679
 515,272 617,623 745,475 965,670
Accumulated other comprehensive income
$45,679
$45,679
$45,679
$45,679
$45,679
 1,600 928 460 992
Total Equity
$45,679
$45,679
$45,679
$45,679
$45,679
 $906,238 $1,237,749 $1,665,594 $2,266,320
Total Liabilities and Equity
$45,679
$45,679
$45,679
$45,679
$45,679
 $1,230,333 $1,653,766 $2,271,777 $3,046,067