Spotify Technology (Spotify Technology) Change In Receivables : $-198 Mil (TTM As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Spotify Technology Change In Receivables?

Spotify Technology's change in receivables for the quarter that ended in Mar. 2024 was $87 Mil. It means Spotify Technology's Accounts Receivable declined by $87 Mil from Dec. 2023 to Mar. 2024 .

Spotify Technology's change in receivables for the fiscal year that ended in Dec. 2023 was $-158 Mil. It means Spotify Technology's Accounts Receivable increased by $158 Mil from Dec. 2022 to Dec. 2023 .

Spotify Technology's Accounts Receivable for the quarter that ended in Mar. 2024 was $845 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Spotify Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 19.50.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Spotify Technology's liquidation value for the three months ended in Mar. 2024 was $-557 Mil.

Spotify Technology Change In Receivables Historical Data

The historical data trend for Spotify Technology's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Spotify Technology Change In Receivables Chart

Spotify Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-30.00

-227.49

-276.84

-88.98

-158.12

Spotify Technology Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															126.34	-105.09	-73.64	-105.78	86.96

Spotify Technology Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-198 Mil.

Spotify Technology (NYSE:SPOT) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Spotify Technology's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	844.565	/	3952.174	*	91
=	19.50

2. In Ben Graham's calculation of liquidation value, Spotify Technology's accounts receivable are only considered to be worth 75% of book value:

Spotify Technology's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5077.174	-	6267.391	+	0.75 * 844.565	+	0.5 * 0
=	-557

Spotify Technology Change In Receivables Related Terms

Thank you for viewing the detailed overview of Spotify Technology's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Spotify Technology (Spotify Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spotify Technology SA (NYSE:SPOT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SPOT:Mexico 1SPOT:Italy 639:Germany 639:Germany S1PO34:Brazil SPOT:Austria

Address

5, Place de la Gare, Luxembourg, LUX, L-1616

Website

https://www.spotify.com

Spotify, headquartered in Stockholm, Sweden, is one of the world's largest music streaming service providers, with 489 million total listeners. The firm monetizes its users through a paid subscription model, referred to as its premium service, and an ad-based model, referred to as its ad-supported service. Revenue from premium and ad-supported services represented 87% and 13% of Spotify's 2022 total revenue, respectively.