Operating
Change in AR
Veeva Systems Change in AR increased by 975.8% to $945.72M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 24.4%, from $760.51M to $945.72M. Over 4 years (FY 2022 to FY 2026), Change in AR shows an upward trend with a 38.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 2026
How to read this metric
A decrease is generally positive as it indicates faster collection of cash from customers.
Detailed definition
This measures the change in the amount of money owed to the company by customers for goods or services delivered on cred...
Peer comparison
Standard metric for all companies; peers in medical devices monitor this closely to manage working capital cycles.
Metric ID:
change_in_accounts_receivableHistorical Data
20 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$301.73M | $21.41M | -$72.15M | $419.49M | -$301.48M | -$16.31M | -$69.27M | $459.24M | -$289.96M | -$33.53M | -$123.43M | $596.73M | -$490.00M | $2.79M | -$108.72M | $760.51M | -$522.69M | -$70.35M | -$107.98M | $945.72M |
| QoQ Change | — | +107.1% | -437.0% | +681.4% | -171.9% | +94.6% | -324.7% | +763.0% | -163.1% | +88.4% | -268.1% | +583.5% | -182.1% | +100.6% | <-999% | +799.5% | -168.7% | +86.5% | -53.5% | +975.8% |
| YoY Change | — | — | — | — | +0.1% | -176.2% | +4.0% | +9.5% | +3.8% | -105.6% | -78.2% | +29.9% | -69.0% | +108.3% | +11.9% | +27.4% | -6.7% | <-999% | +0.7% | +24.4% |
Range-$522.69M – $945.72M
CAGR+27.2%
Avg YoY Growth-177.6%
Median YoY Growth+2.2%
Change in AR at Other Companies
Frequently Asked Questions
- What is Veeva Systems's change in ar?
- Veeva Systems (VEEV) reported change in ar of $945.72M in Q4 2025.
- How has Veeva Systems's change in ar changed year-over-year?
- Veeva Systems's change in ar increased by 24.4% year-over-year, from $760.51M to $945.72M.
- What is the long-term trend for Veeva Systems's change in ar?
- Over 4 years (2022 to 2026), Veeva Systems's change in ar has grown at a 38.2% compound annual growth rate (CAGR), from $67.02M to $244.70M.
- What does change in ar mean?
- The change in money owed to the company by customers for past sales.