Discontinued — last reported Q1 '23

Current Assets

Allowance for Doubtful Accounts

Veeva Systems Allowance for Doubtful Accounts decreased by 71.6% to $171.00K in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.9%, from $157.00K to $171.00K. Over 4 years (FY 2021 to FY 2025), Allowance for Doubtful Accounts shows a downward trend with a -26.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2023

How to read this metric

An increase suggests rising credit risk or economic stress among the customer base.

Detailed definition

A contra-asset account that represents the estimated portion of accounts receivable that the company does not expect to...

Peer comparison

Standard across all utilities; levels are often influenced by regulatory mandates regarding service disconnection policies.

Metric ID: allowance_for_doubtful_accounts

Historical Data

19 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$358.00K$335.00K$396.00K$473.00K$448.00K$510.00K$1.44M$469.00K$542.00K$551.00K$554.00K$520.00K$216.00K$249.00K$157.00K$57.00K$563.00K$602.00K$171.00K
QoQ Change-6.4%+18.2%+19.4%-5.3%+13.8%+182.7%-67.5%+15.6%+1.7%+0.5%-6.1%-58.5%+15.3%-36.9%-63.7%+887.7%+6.9%-71.6%
YoY Change+25.1%+52.2%+264.1%-0.8%+21.0%+8.0%-61.6%+10.9%-60.1%-54.8%-71.7%-89.0%+160.6%+141.8%+8.9%
Range$57.00K$1.44M
CAGR-15.1%
Avg YoY Growth+23.6%
Median YoY Growth+8.9%

Frequently Asked Questions

What is Veeva Systems's allowance for doubtful accounts?
Veeva Systems (VEEV) reported allowance for doubtful accounts of $171.00K in Q3 2025.
How has Veeva Systems's allowance for doubtful accounts changed year-over-year?
Veeva Systems's allowance for doubtful accounts increased by 8.9% year-over-year, from $157.00K to $171.00K.
What is the long-term trend for Veeva Systems's allowance for doubtful accounts?
Over 4 years (2021 to 2025), Veeva Systems's allowance for doubtful accounts has grown at a -26.3% compound annual growth rate (CAGR), from $193.00K to $57.00K.
What does allowance for doubtful accounts mean?
The estimated amount of customer debt that the company expects will not be paid.