Spotify Technology S.A. Accounts Receivables
| Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Accounts Receivables | $265.1M | $321.8M | $326.5M | $460.1M | $333.3M | $389.7M | $712.6M | $537.1M | $664.5M | $827.4M |
Spotify Technology S.A. (SPOT) Accounts Receivables comparison analysis
General
LTM Accounts Receivables
Growth
Company name
YoY growth
3Y CAGR
5Y CAGR
SPOT key stats
| Dec'15 | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | |
|---|---|---|---|---|---|---|---|---|---|---|
% growth | 2,154.2 0.0% | 3,266.5 51.6% | 4,618.7 41.4% | 6,209.6 34.4% | 7,571.8 21.9% | 8,996.4 18.8% | 11,434.9 27.1% | 12,358.0 8.1% | 14,325.0 15.9% | 16,955.2 18.4% |
| Cost of Goods Sold (COGS) | 1,903.2 | 2,822.8 | 3,659.9 | 4,612.0 | 5,644.1 | 6,696.0 | 8,370.4 | 9,274.5 | 10,651.5 | 11,844.7 |
% margin | 250.9 11.6% | 443.7 13.6% | 958.7 20.8% | 1,597.6 25.7% | 1,927.6 25.5% | 2,300.5 25.6% | 3,064.5 26.8% | 3,083.4 25.0% | 3,673.4 25.6% | 5,110.5 30.1% |
| Operating Expenses | 511.9 | 829.9 | 1,385.6 | 1,648.3 | 2,009.4 | 2,635.0 | 2,953.4 | 3,777.9 | 4,155.7 | 3,633.8 |
| Research & Development Expenses (R&D) | 151.0 | 229.1 | 447.2 | 582.1 | 688.4 | 955.6 | 1,078.7 | 1,461.6 | 1,865.4 | 1,607.6 |
| Selling, General & Administrative Expenses (SG&A) | 360.9 | 600.9 | 938.4 | 1,066.2 | 1,320.9 | 1,679.4 | 1,874.7 | 2,316.3 | 2,290.4 | 2,026.2 |
% margin | (260.9) (12.1%) | (386.2) (11.8%) | (426.9) (9.2%) | (50.8) (0.8%) | 226.1 3.0% | (334.5) (3.7%) | 402.1 3.5% | (694.5) (5.6%) | (482.3) (3.4%) | 1,476.7 8.7% |
| Interest Income | 2.2 | 5.5 | 21.5 | 537.2 | 307.8 | 107.3 | 291.0 | 49.5 | 141.7 | 241.2 |
| Interest Expense | 1.1 | 5.5 | 4.5 | 689.6 | 372.8 | 582.3 | 107.6 | 61.1 | 41.1 | 38.9 |
| Pre-tax Income | (249.8) | (592.0) | (1,392.4) | (204.3) | (146.6) | (809.5) | 294.5 | (389.9) | (546.1) | 1,450.7 |
% effective tax rate | 5.6 (2.2%) | 4.4 (0.7%) | 2.3 (0.2%) | (112.2) 54.9% | 61.6 (42.0%) | (146.1) 18.1% | 334.7 113.7% | 63.2 (16.2%) | 29.2 (5.3%) | 219.6 15.1% |
% margin | (255.4) (11.9%) | (596.4) (18.3%) | (1,394.6) (30.2%) | (92.1) (1.5%) | (208.2) (2.7%) | (663.3) (7.4%) | (40.2) (0.4%) | (453.1) (3.7%) | (575.3) (4.0%) | 1,231.1 7.3% |
| EPS | (1.52) | (3.55) | (7.83) | (0.52) | (1.15) | (3.54) | (0.21) | (2.35) | (2.95) | 5.95 |
| Diluted EPS | (1.52) | (3.55) | (7.83) | (0.51) | (1.15) | (3.54) | (0.21) | (2.32) | (2.95) | 5.94 |
% margin | (225.4) (10.5%) | (544.4) (16.7%) | (932.8) (20.2%) | (50.8) (0.8%) | (1.1) (0.0%) | (334.5) (3.7%) | 552.3 4.8% | (299.3) (2.4%) | (322.2) (2.2%) | 1,620.5 9.6% |
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FAQ
1) What is Spotify Technology S.A.'s Accounts Receivables?
As of today, Spotify Technology S.A.'s last 12-month Accounts Receivables is $827.4M, based on the financial report for Dec 31, 2024 (Q4’2024).
2) What is Spotify Technology S.A.'s Accounts Receivables growth rate?
Over the last year, Spotify Technology S.A.'s Accounts Receivables growth was (14.6%). The average annual Accounts Receivables growth rates for Spotify Technology S.A. have been 25.6% over the past three years, 19.9% over the past five years.
3) Is Spotify Technology S.A.'s Accounts Receivables growth rate Good?
Over the last year, Spotify Technology S.A.'s Accounts Receivables growth was (14.6%), which is lower than industry growth of 0.1%. It indicates that Spotify Technology S.A.'s Accounts Receivables growth is Good.