The historical rank and industry rank for Spotify Technology's Days Payable or its related term are showing as below:
MEX:SPOT N'
s Days Payable Range Over the Past 10 Years
Min: 18.74 Med: 24.4 Max: 27.04
Current: 23.7
During the past 11 years, Spotify Technology's highest Days Payable was 27.04. The lowest was 18.74. And the median was 24.40.
MEX:SPOT N's Days Payable is ranked worse than 78.97% of 428
companies
in the Interactive Media industry
Industry Median: 65.595
vs MEX:SPOT N: 23.70
Spotify Technology's Days Payable
declined
from Mar. 2025 (25.72) to Mar. 2026 (24.22).
It may suggest that Spotify Technologyaccelerated paying its suppliers.
Spotify Technology Days Payable Related Terms
Spotify Technology Days Payable Historical Data
* Premium members only.
The historical data trend for Spotify Technology's Days 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.
MEX:SPOT N vs NBIS, BIDU, RDDT: Days Payable Comparison
For the Internet Content & Information subindustry, Spotify Technology's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Spotify Technology Days Payable vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Spotify Technology's Days Payable distribution charts can be found below:
* The bar in red indicates where Spotify Technology's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Spotify Technology's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (MEX:SPOT N) has a Days Payable of 24.22 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Spotify Technology and its competitors. This is near median its historical median of 24.40. Over the past decade, Spotify Technology's Days Payable has ranged from 18.74 to 27.04. According to the industry distribution chart, Spotify Technology ranks #338 out of 428 companies in the Interactive Media industry, placing it in the top 79%.
Is Spotify Technology's Days Payable too high?
Spotify Technology's current Days Payable of 24.22 is near median its 10-year median of 24.40. Over the past 10 years, this metric has ranged from a low of 18.74 to a high of 27.04. The Interactive Media industry median Days Payable is 65.60. Spotify Technology's value of 24.22 is 63.1% below this industry median. Based on the distribution chart, Spotify Technology ranks #338 out of 428 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. 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 Days Payable compare to NBIS and BIDU?
According to the Interactive Media industry distribution chart, Spotify Technology ranks #338 out of 428 companies for Days Payable. This places Spotify Technology in the lower half of its industry. The industry median Days Payable is 65.60. Spotify Technology's value of 24.22 is 63.1% below this benchmark. Historically, Spotify Technology's own Days Payable has ranged from 18.74 to 27.04 over the past decade. While the company's 10-year median is 24.40 vs. the industry median of 65.60, Spotify Technology has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Interactive Media company?
The median Days Payable among Interactive Media companies is 65.60, based on 428 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spotify Technology's current Days Payable of 24.22 is 63.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Spotify Technology and its competitors. For the Interactive Media industry, the median Days Payable is 65.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spotify Technology's current Days Payable is 24.22, which is near median its own 10-year median of 24.40. 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 MXN8,564.70, compared to a current price of MXN8,041.50 — trading 6.1% below its estimated fair value. The current Days Payable is 24.22, which is near median its 10-year median of 24.40 and 63.1% below the Interactive Media industry median of 65.60. 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 Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Spotify Technology (MEX:SPOT N), the current Days Payable is 24.22 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 MXN8,041.50 is trading 6.1% below its estimated GF Value™ of MXN8,564.70.
GuruFocus considers Spotify Technology to be Fairly Valued.
Key valuation signals for MEX:SPOT N:
Days Payable: 24.22 (near median its 10-year median of 24.40)
GF Value™: MXN8,564.70 vs. price of MXN8,041.50 (6.1% below fair value)
Industry Position: 63.1% below the Interactive Media median (#338 of 428)
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 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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