Discontinued — last reported Q1 '18

Current Assets

Allowance for Doubtful Accounts Receivable (Current)

Veeva Systems Allowance for Doubtful Accounts Receivable (Current) 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 Receivable (Current) 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 reportedQ3 2015
Last reportedQ1 2018

How to read this metric

A significant increase relative to receivables may signal deteriorating customer credit quality or economic headwinds in specific markets.

Detailed definition

This is a contra-asset account representing the estimated amount of accounts receivable that the company expects will no...

Peer comparison

Standard across all industries; peers in the medical device sector typically maintain low levels unless operating in high-risk emerging markets.

Metric ID: allowance_for_doubtful_accounts_receivable_current

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%

Allowance for Doubtful Accounts Receivable (Current) at Other Companies

Frequently Asked Questions

What is Veeva Systems's allowance for doubtful accounts receivable (current)?
Veeva Systems (VEEV) reported allowance for doubtful accounts receivable (current) of $171.00K in Q3 2025.
How has Veeva Systems's allowance for doubtful accounts receivable (current) changed year-over-year?
Veeva Systems's allowance for doubtful accounts receivable (current) 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 receivable (current)?
Over 4 years (2021 to 2025), Veeva Systems's allowance for doubtful accounts receivable (current) has grown at a -26.3% compound annual growth rate (CAGR), from $193.00K to $57.00K.
What does allowance for doubtful accounts receivable (current) mean?
The estimated portion of customer invoices that the company expects will never be paid.