Spotify Technology (WBO:SPOT) Total Inventories: €0 Mil (As of Mar. 2026)


WBO:SPOT Spotify Technology SA WBO:SPOT
81 GF Score
Price €391.00
GF Value €432.70
Valuation Fairly Valued
! 2 Warning Signs
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What is Spotify Technology Total Inventories?

Spotify Technology WBO:SPOT -2.74% 81 Total Inventories is €0 Mil as of Mar. 2026. GuruFocus rates WBO:SPOT with a GF Score™ of 81/100 and a GF Value™ of €432.70 (Fairly Valued). The stock has 2 warning signs investors should review.

Spotify Technology's total inventories for the quarter that ended in Mar. 2026 was €0 Mil. Spotify Technology's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was €0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Spotify Technology's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was €19.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Spotify Technology's Days Inventory for the three months ended in Mar. 2026 was 0.00.

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Spotify Technology's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.00.


Spotify Technology  (WBO:SPOT) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

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

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8746+0.75 * 463+0.5 * 0-5118
-0-0)/205.620
=19.33

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Spotify Technology's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=0/3038*365 / 4
=0.00

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Spotify Technology's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=3038 / 0
=N/A

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Spotify Technology's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0 / 4533
=0.00

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Spotify Technology Total Inventories Related Terms


Spotify Technology Total Inventories Historical Data

* Premium members only.

The historical data trend for Spotify Technology's Total Inventories 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 Total Inventories Chart

Spotify Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Spotify Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories 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 0.00 0.00 0.00 0.00 0.00
WBO:SPOT
81GF Score
Spotify Technology SA WBO:SPOT
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Spotify Technology Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of €0 Mil mean?
Spotify Technology (WBO:SPOT) has a Total Inventories of €0 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Spotify Technology and its competitors.
Is Spotify Technology's Total Inventories too high?
Spotify Technology's current Total Inventories is €0 Mil. Overall, Spotify Technology has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Spotify Technology's Total Inventories compare to NBIS and BIDU?
Spotify Technology's Total Inventories of €0 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 Total Inventories for an Interactive Media company?
A good Total Inventories depends on the Interactive Media industry context. However, Total Inventories 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 Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Spotify Technology and its competitors. Spotify Technology's current Total Inventories is €0 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 (WBO:SPOT) is currently considered Fairly Valued. The stock's GF Value™ is €432.70, compared to a current price of €391.00 — trading 9.6% below its estimated fair value. The current Total Inventories is €0 Mil. Spotify Technology's overall GF Score™ is 81/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Spotify Technology (WBO:SPOT), the current Total Inventories is €0 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 (WBO:SPOT) Overvalued in 2026?

Based on GuruFocus' analysis, Spotify Technology stock appears to be undervalued. The current stock price of €391.00 is trading 9.6% below its estimated GF Value™ of €432.70. GuruFocus considers Spotify Technology to be Fairly Valued.

Key valuation signals for WBO:SPOT:

  • Total Inventories: €0 Mil
  • GF Value™: €432.70 vs. price of €391.00 (9.6% below fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the WBO: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.
81GF Score

Get the complete analysis for WBO:SPOT

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

€391.00
Price
€432.70
GF Value