Increase (Decrease) in Prepaid Expense and Other Assets
Veeva Systems Increase (Decrease) in Prepaid Expense and Other Assets decreased by 57.7% to $4.50M in Q1 2025 compared to the prior quarter. Year-over-year, this metric grew by 155.2%, from -$8.16M to $4.50M. Over 2 years (FY 2022 to FY 2024), Increase (Decrease) in Prepaid Expense and Other Assets shows a downward trend with a -62.3% CAGR.
Analysis
How to read this metric
An increase represents a cash outflow for future benefits, while a decrease represents the realization of previously paid expenses, effectively freeing up cash flow.
Detailed definition
This tracks changes in prepayments for goods or services that will be consumed in future periods. An increase in these a...
Peer comparison
Standard working capital metric; peers will show similar fluctuations based on their procurement and service contract cycles.
operating_increase_decrease_in_prepaid_deferred_expense__313362Historical Data
| 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$2.74M | $3.87M | -$4.41M | $6.19M | $7.56M | $3.51M | -$7.33M | $40.59M | $36.30M | -$45.54M | $16.05M | -$7.22M | -$8.16M | $29.39M | $10.64M | $4.50M |
| QoQ Change | — | +241.2% | -214.0% | +240.4% | +22.2% | -53.6% | -308.5% | +654.1% | -10.6% | -225.5% | +135.2% | -145.0% | -13.0% | +460.2% | -63.8% | -57.7% |
| YoY Change | — | — | — | — | +376.3% | -9.1% | -66.2% | +556.0% | +379.9% | <-999% | +319.1% | -117.8% | -122.5% | +164.5% | +247.4% | +155.2% |
Increase (Decrease) in Prepaid Expense and Other Assets at Other Companies
Frequently Asked Questions
- What is Veeva Systems's increase (decrease) in prepaid expense and other assets?
- Veeva Systems (VEEV) reported increase (decrease) in prepaid expense and other assets of $4.50M in Q1 2025.
- How has Veeva Systems's increase (decrease) in prepaid expense and other assets changed year-over-year?
- Veeva Systems's increase (decrease) in prepaid expense and other assets increased by 155.2% year-over-year, from -$8.16M to $4.50M.
- What is the long-term trend for Veeva Systems's increase (decrease) in prepaid expense and other assets?
- Over 2 years (2022 to 2024), Veeva Systems's increase (decrease) in prepaid expense and other assets has grown at a -62.3% compound annual growth rate (CAGR), from $2.91M to -$414.00K.
- What does increase (decrease) in prepaid expense and other assets mean?
- The net change in cash spent on expenses paid in advance.