As of May 22, 2025, Veeva Systems Inc (VEEV) reports a Current Ratio of 4.51.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Veeva Systems Inc's Current Ratio
Over recent years, Veeva Systems Inc's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2025-01-31 | 4.51 |
| 2024-01-31 | 4.24 |
| 2023-01-31 | 3.94 |
| 2022-01-31 | 3.70 |
| 2021-01-31 | 3.23 |
This steady improvement highlights how Veeva Systems Inc manages its short-term assets and liabilities over time.
Comparing Veeva Systems Inc's Current Ratio to Peers
To better understand Veeva Systems Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Veeva Systems Inc (VEEV) | 4.51 |
| Inspire Medical Systems Inc (INSP) | 7.13 |
| Doximity Inc (DOCS) | 6.20 |
| GoodRx Holdings Inc (GDRX) | 5.32 |
| HMS Holdings Corp (HMSY) | 4.88 |
| Schrodinger Inc (SDGR) | 3.31 |
Compared to its competitors, Veeva Systems Inc's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.