Spotify Technology (Spotify Technology) Days Sales Outstanding : 13.76 (As of Dec. 2023)

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What is Spotify Technology Days Sales Outstanding?

Spotify Technology's average Accounts Receivable for the three months ended in Dec. 2023 was $604 Mil. Spotify Technology's Revenue for the three months ended in Dec. 2023 was $4,003 Mil. Hence, Spotify Technology's Days Sales Outstanding for the three months ended in Dec. 2023 was 13.76.

The historical rank and industry rank for Spotify Technology's Days Sales Outstanding or its related term are showing as below:

SPOT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.23 Med: 15.56 Max: 45.91
Current: 13.23

During the past 9 years, Spotify Technology's highest Days Sales Outstanding was 45.91. The lowest was 13.23. And the median was 15.56.

SPOT's Days Sales Outstanding is ranked better than
92.15% of 573 companies
in the Interactive Media industry
Industry Median: 45.54 vs SPOT: 13.23

Spotify Technology's Days Sales Outstanding increased from Dec. 2022 (13.46) to Dec. 2023 (13.76).

Spotify Technology Days Sales Outstanding Historical Data

The historical data trend for Spotify Technology's Days Sales Outstanding 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.

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Spotify Technology Days Sales Outstanding Chart

Spotify Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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15.56

13.67

14.73

15.07

15.01

Spotify Technology Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															13.46	12.86	11.26	12.90	13.76

Competitive Comparison of Spotify Technology's Days Sales Outstanding

For the Internet Content & Information subindustry, Spotify Technology's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Spotify Technology's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Spotify Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Spotify Technology's Days Sales Outstanding falls into.

Spotify Technology Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Spotify Technology's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (531.78	+	656.489)	/	2 )	/	14446.02	*	365
=	594.1345					/	14446.02	*	365
=	15.01

Spotify Technology's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (550.694	+	656.489)	/	2 )	/	4003.272	*	365 / 4
=	603.5915					/	4003.272	*	365 / 4
=	13.76

Spotify Technology (NYSE:SPOT) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Spotify Technology Days Sales Outstanding Related Terms

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Spotify Technology (Spotify Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spotify Technology SA (NYSE:SPOT) » Definitions » Days Sales Outstanding

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.