The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Spotify Technology's Revenue for the
three
months ended in Mar. 2026 was CHF4,126 Mil. Spotify Technology's average Accounts Receivable for the
three
months ended in Mar. 2026 was CHF461 Mil.
Hence, Spotify Technology's Receivables Turnover for the
three
months ended in Mar. 2026 was 8.95.
An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.
Spotify Technology Receivables Turnover Related Terms
Spotify Technology Receivables Turnover Historical Data
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The historical data trend for Spotify Technology's Receivables Turnover 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.
XSWX:SPOT vs NBIS, BIDU, RDDT: Receivables Turnover Comparison
For the Internet Content & Information subindustry, Spotify Technology's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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 Receivables Turnover vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Spotify Technology's Receivables Turnover distribution charts can be found below:
* The bar in red indicates where Spotify Technology's Receivables Turnover falls into.
* 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 (XSWX:SPOT) has a Receivables Turnover of 8.95 as of Mar. 2026. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Spotify Technology and its competitors. According to the industry distribution chart, Spotify Technology ranks #41 out of 541 companies in the Interactive Media industry, placing it in the top 7.6%.
Is Spotify Technology's Receivables Turnover too high?
Spotify Technology's current Receivables Turnover is 8.95. The Interactive Media industry median Receivables Turnover is 7.84. Spotify Technology's value of 8.95 is 14.2% above this industry median. Based on the distribution chart, Spotify Technology ranks #41 out of 541 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. 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 Receivables Turnover compare to NBIS and BIDU?
According to the Interactive Media industry distribution chart, Spotify Technology ranks #41 out of 541 companies for Receivables Turnover. This places Spotify Technology in the top 8% of its industry — outperforming the majority of peers. The industry median Receivables Turnover is 7.84. Spotify Technology's value of 8.95 is 14.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for an Interactive Media company?
The median Receivables Turnover among Interactive Media companies is 7.84, based on 541 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Spotify Technology's current Receivables Turnover of 8.95 is 14.2% above 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 Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Spotify Technology and its competitors. For the Interactive Media industry, the median Receivables Turnover is 7.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spotify Technology's current Receivables Turnover is 8.95. 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 Receivables Turnover of 8.95. The stock's GF Value™ is CHF388.20, compared to a current price of CHF385.50 — trading 0.7% below its estimated fair value. The current Receivables Turnover is 8.95 and 14.2% above the Interactive Media industry median of 7.84. 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 Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Spotify Technology (XSWX:SPOT), the current Receivables Turnover is 8.95 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 CHF385.50 is trading 0.7% below its estimated GF Value™ of CHF388.20.
Key valuation signals for XSWX:SPOT:
Receivables Turnover: 8.95
GF Value™: CHF388.20 vs. price of CHF385.50 (0.7% below fair value)
Industry Position: 14.2% above the Interactive Media median (#41 of 541)
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 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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