Spotify Technology (XSWX:SPOT) Change In Receivables: CHF-21 Mil (TTM As of Mar. 2026)

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XSWX:SPOT Spotify Technology SA XSWX:SPOT
77 GF Score
Price CHF386.50
GF Value CHF396.73
! 2 Warning Signs
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What is Spotify Technology Change In Receivables?

Spotify Technology XSWX:SPOT -1.28% 77 Change In Receivables is CHF-21 Mil as of Mar. 2026. GuruFocus rates XSWX:SPOT with a GF Score™ of 77/100 and a GF Value™ of CHF396.73. The stock has 2 warning signs investors should review.

Spotify Technology's change in receivables for the quarter that ended in Mar. 2026 was CHF83 Mil. It means Spotify Technology's Accounts Receivable declined by CHF83 Mil from Dec. 2025 to Mar. 2026 .

Spotify Technology's change in receivables for the fiscal year that ended in Dec. 2025 was CHF-107 Mil. It means Spotify Technology's Accounts Receivable increased by CHF107 Mil from Dec. 2024 to Dec. 2025 .

Spotify Technology's Accounts Receivable for the quarter that ended in Mar. 2026 was CHF421 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. 2026 was 9.32.

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. 2026 was CHF3,618 Mil.

Spotify Technology  (XSWX: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. 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 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. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=7960.377-4658.268+0.75 * 421.41+0.5 * 0
=3,618

* 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 Change In Receivables Related Terms

Spotify Technology Change In Receivables Historical Data

* Premium members only.

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.

Spotify Technology Change In Receivables Chart

Spotify Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -254.97 -82.90 -136.75 135.37 -107.31

Spotify Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Change In Receivables 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 -3.82 -17.82 -24.29 -61.59 82.83
XSWX:SPOT
77GF Score
Spotify Technology SA XSWX:SPOT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-21 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of CHF-21 Mil mean?
Spotify Technology (XSWX:SPOT) has a Change In Receivables of CHF-21 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Spotify Technology and its competitors.
Is Spotify Technology's Change In Receivables too high?
Spotify Technology's current Change In Receivables is CHF-21 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 Change In Receivables compare to NBIS and BIDU?
Spotify Technology's Change In Receivables of CHF-21 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 Change In Receivables for an Interactive Media company?
A good Change In Receivables depends on the Interactive Media industry context. However, Change In Receivables 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 Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Spotify Technology and its competitors. Spotify Technology's current Change In Receivables is CHF-21 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 Change In Receivables of CHF-21 Mil. The stock's GF Value™ is CHF396.73, compared to a current price of CHF386.50 — trading 2.6% below its estimated fair value. The current Change In Receivables is CHF-21 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 Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Spotify Technology (XSWX:SPOT), the current Change In Receivables is CHF-21 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 CHF386.50 is trading 2.6% below its estimated GF Value™ of CHF396.73.

Key valuation signals for XSWX:SPOT:

  • Change In Receivables: CHF-21 Mil
  • GF Value™: CHF396.73 vs. price of CHF386.50 (2.6% 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

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

CHF386.50
Price
CHF396.73
GF Value