Spotify Technology (MEX:SPOT N) Accounts Payable: MXN17,115 Mil (As of Mar. 2026)


MEX:SPOT N Spotify Technology SA MEX:SPOT N
80 GF Score
Price MXN8,354.00
GF Value MXN8,637.61
Valuation Fairly Valued
! 2 Warning Signs
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What is Spotify Technology Accounts Payable?

Spotify Technology MEX:SPOT N +3.42% 80 Accounts Payable is MXN17,115 Mil as of Mar. 2026. GuruFocus rates MEX:SPOT N with a GF Score™ of 80/100 and a GF Value™ of MXN8,637.61 (Fairly Valued). The stock has 2 warning signs investors should review.

Spotify Technology's Accounts Payable for the quarter that ended in Mar. 2026 was MXN17,115 Mil.

Spotify Technology's quarterly Accounts Payable declined from Sep. 2025 (MXN17,268 Mil) to Dec. 2025 (MXN16,509 Mil) but then increased from Dec. 2025 (MXN16,509 Mil) to Mar. 2026 (MXN17,115 Mil).

Spotify Technology's annual Accounts Payable increased from Dec. 2023 (MXN12,254 Mil) to Dec. 2024 (MXN20,375 Mil) but then declined from Dec. 2024 (MXN20,375 Mil) to Dec. 2025 (MXN16,509 Mil).

Spotify Technology Accounts Payable Related Terms

Spotify Technology Accounts Payable Historical Data

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The historical data trend for Spotify Technology's Accounts Payable 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.

Spotify Technology Accounts Payable Chart

Spotify Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12,377.94 12,143.70 12,254.04 20,375.26 16,508.74

Spotify Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Payable 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 15,327.06 17,439.27 17,267.66 16,508.74 17,115.43
MEX:SPOT N
80GF Score
Spotify Technology SA MEX:SPOT N
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Spotify Technology Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of MXN17,115 Mil mean?
Spotify Technology (MEX:SPOT N) has a Accounts Payable of MXN17,115 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Spotify Technology and its competitors.
Is Spotify Technology's Accounts Payable too high?
Spotify Technology's current Accounts Payable is MXN17,115 Mil. Overall, Spotify Technology has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Spotify Technology's Accounts Payable compare to NBIS and BIDU?
Spotify Technology's Accounts Payable of MXN17,115 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Interactive Media company?
A good Accounts Payable depends on the Interactive Media industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Spotify Technology and its competitors. Spotify Technology's current Accounts Payable is MXN17,115 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spotify Technology stock overvalued right now?
Based on GuruFocus' analysis, Spotify Technology (MEX:SPOT N) is currently considered Fairly Valued. The stock's GF Value™ is MXN8,637.61, compared to a current price of MXN8,354.00 — trading 3.3% below its estimated fair value. The current Accounts Payable is MXN17,115 Mil. Spotify Technology's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Spotify Technology (MEX:SPOT N), the current Accounts Payable is MXN17,115 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Spotify Technology (MEX:SPOT N) Overvalued in 2026?

Based on GuruFocus' analysis, Spotify Technology stock appears to be undervalued. The current stock price of MXN8,354.00 is trading 3.3% below its estimated GF Value™ of MXN8,637.61. GuruFocus considers Spotify Technology to be Fairly Valued.

Key valuation signals for MEX:SPOT N:

  • Accounts Payable: MXN17,115 Mil
  • GF Value™: MXN8,637.61 vs. price of MXN8,354.00 (3.3% below fair value)
  • GF Score™: 80/100 with 2 warning signs

No single metric tells the full story. See the MEX:SPOT N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Spotify Technology Business Description

Address Regeringsgatan 19, Stockholm, SWE, 111 53
Spotify is the leading global music streaming service, with over 750 million monthly active users and nearly 300 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 subscribers, who pay a monthly fee to access a music library that includes most of the most popular songs ever recorded, including all from the major record labels. The firm also offers access to audiobooks 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.
80GF Score

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Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN8,354.00
Price
MXN8,637.61
GF Value