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Spotify Technology (MEX:SPOT N) Accounts Payable & Accrued Expense : MXN79,068 Mil (As of Mar. 2025)


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What is Spotify Technology Accounts Payable & Accrued Expense?

Spotify Technology's quarterly accounts payable & accrued expense increased from Sep. 2024 (MXN73,341 Mil) to Dec. 2024 (MXN79,667 Mil) but then declined from Dec. 2024 (MXN79,667 Mil) to Mar. 2025 (MXN79,068 Mil).

Spotify Technology's annual accounts payable & accrued expense increased from Dec. 2022 (MXN60,636 Mil) to Dec. 2023 (MXN63,029 Mil) and increased from Dec. 2023 (MXN63,029 Mil) to Dec. 2024 (MXN79,667 Mil).


Spotify Technology Accounts Payable & Accrued Expense Historical Data

The historical data trend for Spotify Technology's Accounts Payable & Accrued Expense 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 Accounts Payable & Accrued Expense Chart

Spotify Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57,401.25 60,892.97 60,635.86 63,028.70 79,666.59

Spotify Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 58,754.35 65,096.51 73,341.45 79,666.59 79,068.18

Spotify Technology Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Spotify Technology Business Description

Address
Regeringsgatan 19, Stockholm, SWE, 111 53
Spotify is the leading global music streaming service provider, with nearly 700 million monthly active users and over 250 million paying subscribers, with the latter constituting the firm's premium segment. Most of the firm's revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.

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