Tencent Music Entertainment (TCMEF) Accounts Payables (2017 - 2026)
Tencent Music Entertainment recorded quarterly Accounts Payables of $895.0 million in Q1 2026, up 1.02% quarter-over-quarter from $886.0 million in Q4 2025, and down 10.95% year-over-year from $1.0 billion in Q1 2025.
Tencent Music Entertainment's Accounts Payables history runs 10 years deep, the most recent figure standing at $895.0 million for Q1 2026.
- In Q1 2026, Accounts Payables fell 10.95% year-over-year to $895.0 million; the TTM figure through Mar 2026 stood at $895.0 million (down 10.95% YoY), while the FY2025 annual figure was $899.0 million, down 4.56% from the prior year.
- Accounts Payables came in at $895.0 million for Q1 2026 at Tencent Music Entertainment, up from $886.0 million in the prior quarter.
- In the past five years, Accounts Payables ranged from a high of $1.0 billion in Q1 2025 to a low of $680.0 million in Q3 2022.
- A 5-year average of $825.0 million and a median of $836.5 million in 2022 frame the typical range for Accounts Payables.
- Across the five-year window, Accounts Payables declined 16.1% in 2023 and jumped 37.74% in 2024, its largest moves.
- Tencent Music Entertainment's Accounts Payables stood at $702.7 million in 2022, then fell by 1.06% to $695.3 million in 2023, then surged by 37.74% to $957.7 million in 2024, then fell by 7.48% to $886.0 million in 2025, then rose by 1.02% to $895.0 million in 2026.
- According to Business Quant data, Accounts Payables over the past three periods registered $895.0 million, $886.0 million, and $930.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 16.85 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 13.33 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 1.46 Bn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 51.74 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 621.70 Mn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 74.98 Mn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 1.60 Bn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 238.32 Mn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 9.31 Mn |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | 895.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 895.00 Mn |
| Dec 31, 2025 | 886.00 Mn |
| Sep 30, 2025 | 930.00 Mn |
| Jun 30, 2025 | 971.00 Mn |
| Mar 31, 2025 | 1.01 Bn |
| Dec 31, 2024 | 957.66 Mn |
| Jun 30, 2024 | 856.00 Mn |
| Mar 31, 2024 | 761.00 Mn |
| Dec 31, 2023 | 695.27 Mn |
| Sep 30, 2023 | 692.00 Mn |
| Jun 30, 2023 | 719.00 Mn |
| Mar 31, 2023 | 775.00 Mn |
| Dec 31, 2022 | 702.74 Mn |
| Sep 30, 2022 | 680.00 Mn |
| Jun 30, 2022 | 857.00 Mn |
| Mar 31, 2022 | 817.00 Mn |
| Dec 31, 2021 | 677.10 Mn |
| Sep 30, 2021 | 695.00 Mn |
| Jun 30, 2021 | 682.00 Mn |
| Mar 31, 2021 | 598.00 Mn |
| Dec 31, 2020 | 537.93 Mn |
| Jun 30, 2020 | 434.00 Mn |
| Mar 31, 2020 | 373.00 Mn |
| Dec 31, 2019 | 363.07 Mn |
| Sep 30, 2019 | 349.00 Mn |
| Jun 30, 2019 | 357.00 Mn |
| Mar 31, 2019 | 316.00 Mn |
| Dec 31, 2018 | 264.67 Mn |
| Dec 31, 2017 | 157.94 Mn |