Spotify Technology (XSWX:SPOT) Accounts Receivable: CHF421 Mil (As of Mar. 2026)

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XSWX:SPOT Spotify Technology SA XSWX:SPOT
77 GF Score
Price CHF394.50
GF Value CHF401.83
! 2 Warning Signs
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What is Spotify Technology Accounts Receivable?

Spotify Technology XSWX:SPOT +3.00% 77 Accounts Receivable is CHF421 Mil as of Mar. 2026. GuruFocus rates XSWX:SPOT with a GF Score™ of 77/100 and a GF Value™ of CHF401.83. The stock has 2 warning signs investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Spotify Technology's accounts receivables for the quarter that ended in Mar. 2026 was CHF421 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Spotify Technology's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 9.32.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Spotify Technology's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was CHF17.60.


Spotify Technology Accounts Receivable 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 receivables are being managed.

Spotify Technology's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=421.41/4125.816*91
=9.32

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Spotify Technology's accounts receivable are only considered to be worth 75% of book value:

Spotify Technology's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(7960.377+0.75 * 421.41+0.5 * 0-4658.268
-0-0)/205.620
=17.60

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Spotify Technology Accounts Receivable Related Terms


Spotify Technology Accounts Receivable Historical Data

* Premium members only.

The historical data trend for Spotify Technology's Accounts Receivable 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 Receivable Chart

Spotify Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 454.78 495.41 567.73 504.15 500.16

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 Receivable 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 507.23 477.42 477.47 500.16 421.41
XSWX:SPOT
77GF Score
Spotify Technology SA XSWX:SPOT
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
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Spotify Technology Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of CHF421 Mil mean?
Spotify Technology (XSWX:SPOT) has a Accounts Receivable of CHF421 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Spotify Technology and its competitors.
Is Spotify Technology's Accounts Receivable too high?
Spotify Technology's current Accounts Receivable is CHF421 Mil. Overall, Spotify Technology has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Spotify Technology's Accounts Receivable compare to NBIS and BIDU?
Spotify Technology's Accounts Receivable of CHF421 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 Receivable for an Interactive Media company?
A good Accounts Receivable depends on the Interactive Media industry context. However, Accounts Receivable 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 Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on Spotify Technology and its competitors. Spotify Technology's current Accounts Receivable is CHF421 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?
Spotify Technology (XSWX:SPOT) has a current Accounts Receivable of CHF421 Mil. The stock's GF Value™ is CHF401.83, compared to a current price of CHF394.50 — trading 1.8% below its estimated fair value. The current Accounts Receivable is CHF421 Mil. Spotify Technology's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For Spotify Technology (XSWX:SPOT), the current Accounts Receivable is CHF421 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 (XSWX:SPOT) Overvalued in 2026?

Based on GuruFocus' analysis, Spotify Technology stock appears to be undervalued. The current stock price of CHF394.50 is trading 1.8% below its estimated GF Value™ of CHF401.83.

Key valuation signals for XSWX:SPOT:

  • Accounts Receivable: CHF421 Mil
  • GF Value™: CHF401.83 vs. price of CHF394.50 (1.8% below fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the XSWX:SPOT 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.
77GF Score

Get the complete analysis for XSWX:SPOT

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

CHF394.50
Price
CHF401.83
GF Value