Spotify Technology (BSP:S1PO34) Inventories, Work In Process : R$0 Mil (As of Dec. 2024)

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What is Spotify Technology Inventories, Work In Process?

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Spotify Technology's work in process for the quarter that ended in Dec. 2024 was R$0 Mil.

Spotify Technology Inventories, Work In Process Historical Data

The historical data trend for Spotify Technology's Inventories, Work In Process 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.
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Spotify Technology Inventories, Work In Process Chart

Spotify Technology Annual Data

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Inventories, Work In Process

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Spotify Technology Quarterly Data
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Spotify Technology Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

Spotify Technology Business Description

Industry

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Address

Regeringsgatan 19, Stockholm, SWE, 111 53

Website

https://www.spotify.com

Spotify is the leading global music streaming service provider, with nearly 700 million monthly active users and over 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.

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