Tencent Music Entertainment Group (TCMEF) Inventory Average (2018 - 2024)
Tencent Music Entertainment's Inventory Average history spans 7 years, with the latest figure at $2.2 million for Q4 2024.
- For Q4 2024, Inventory Average rose 40.05% year-over-year to $2.2 million; the TTM value through Dec 2024 reached $2.2 million, up 40.05%, while the annual FY2024 figure was $2.2 million, 40.05% up from the prior year.
- Inventory Average for Q4 2024 was $2.2 million at Tencent Music Entertainment, up from $1.5 million in the prior quarter.
- Across five years, Inventory Average topped out at $3.2 million in Q4 2021 and bottomed at $1.5 million in Q4 2023.
- The 5-year median for Inventory Average is $2.9 million (2022), against an average of $2.6 million.
- The largest annual shift saw Inventory Average plummeted 46.18% in 2023 before it skyrocketed 40.05% in 2024.
- A 5-year view of Inventory Average shows it stood at $3.2 million in 2020, then increased by 1.01% to $3.2 million in 2021, then fell by 11.56% to $2.9 million in 2022, then crashed by 46.18% to $1.5 million in 2023, then skyrocketed by 40.05% to $2.2 million in 2024.
- Per Business Quant, the three most recent readings for TCMEF's Inventory Average are $2.2 million (Q4 2024), $1.5 million (Q4 2023), and $2.9 million (Q4 2022).