Spotify Technology (WBO:SPOT) Current Accrued Expense : €2,275 Mil (As of Sep. 2024)

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What is Spotify Technology Current Accrued Expense?

Spotify Technology's Current Accrued Expense for the quarter that ended in Sep. 2024 was €2,275 Mil.

Spotify Technology's quarterly Current Accrued Expense declined from Mar. 2024 (€2,228 Mil) to Jun. 2024 (€2,223 Mil) but then increased from Jun. 2024 (€2,223 Mil) to Sep. 2024 (€2,275 Mil).

Spotify Technology's annual Current Accrued Expense increased from Dec. 2021 (€1,841 Mil) to Dec. 2022 (€2,093 Mil) and increased from Dec. 2022 (€2,093 Mil) to Dec. 2023 (€2,440 Mil).

Spotify Technology Current Accrued Expense Historical Data

The historical data trend for Spotify Technology's Current 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 Current Accrued Expense Chart

Spotify Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Current Accrued Expense

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1,438.00

1,748.00

1,841.00

2,093.00

2,440.00

Spotify Technology Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Current Accrued Expense	Get a 7-Day Free Trial															2,108.00	2,440.00	2,228.00	2,223.00	2,275.00

Spotify Technology Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

Spotify Technology Current Accrued Expense Related Terms

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Spotify Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Spotify Technology SA (WBO:SPOT) » Definitions » Current Accrued Expense

Comparable Companies

Traded in Other Exchanges

SPOT:USA SPOT:Mexico 1SPOT:Italy 0SPT:UK 639:Germany S1PO34:Brazil

Address

5, Place de la Gare, Luxembourg, LUX, L-1616

Website

https://www.spotify.com

Spotify is the leading global music streaming service provider, with over 600 million monthly active users and 250 million paying subscribers, with the latter comprising 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 very comprehensive 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.