Tencent Music Entertainment (TCMEF) Inventory Average (2019 - 2026)
Tencent Music Entertainment recorded quarterly Inventory Average of $6.4 million in Q1 2026, down 7.26% quarter-over-quarter from $6.9 million in Q4 2025, and up 106.08% year-over-year from $3.1 million in Q1 2025.
Tencent Music Entertainment's Inventory Average history runs 8 years deep, the most recent figure standing at $6.4 million for Q1 2026.
- In Q1 2026, Inventory Average rose 106.08% year-over-year to $6.4 million; the TTM figure through Mar 2026 stood at $6.4 million (up 106.08% YoY), while the FY2025 annual figure was $4.5 million, up 125.0% from the prior year.
- Inventory Average came in at $6.4 million for Q1 2026 at Tencent Music Entertainment, down from $6.9 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $6.9 million in Q4 2025 to a low of $1.0 million in Q3 2023.
- A 5-year average of $3.2 million and a median of $3.0 million in 2022 frame the typical range for Inventory Average.
- Across the five-year window, Inventory Average plunged 66.67% in 2023 and surged 106.08% in 2026, its largest moves.
- Tencent Music Entertainment's Inventory Average stood at $2.5 million in 2022, then slumped by 57.51% to $1.1 million in 2023, then soared by 89.47% to $2.0 million in 2024, then soared by 244.52% to $6.9 million in 2025, then decreased by 7.26% to $6.4 million in 2026.
- According to Business Quant data, Inventory Average over the past three periods registered $6.4 million, $6.9 million, and $6.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | - |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | - |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | - |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | - | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | - |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | - | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | 337,338.64 |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | - |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | - |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | 6.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.39 Mn |
| Dec 31, 2025 | 6.89 Mn |
| Sep 30, 2025 | 6.00 Mn |
| Jun 30, 2025 | 3.50 Mn |
| Mar 31, 2025 | 3.10 Mn |
| Jun 30, 2024 | 2.00 Mn |
| Mar 31, 2024 | 1.56 Mn |
| Dec 31, 2023 | 1.06 Mn |
| Sep 30, 2023 | 1.00 Mn |
| Jun 30, 2023 | 1.50 Mn |
| Mar 31, 2023 | 1.98 Mn |
| Dec 31, 2022 | 2.48 Mn |
| Sep 30, 2022 | 3.00 Mn |
| Jun 30, 2022 | 3.50 Mn |
| Mar 31, 2022 | 3.88 Mn |
| Dec 31, 2021 | 3.88 Mn |
| Sep 30, 2021 | 3.50 Mn |
| Jun 30, 2021 | 3.00 Mn |
| Mar 31, 2021 | 2.86 Mn |
| Jun 30, 2020 | 4.00 Mn |
| Mar 31, 2020 | 3.84 Mn |
| Dec 31, 2019 | 3.84 Mn |
| Sep 30, 2019 | 4.00 Mn |
| Jun 30, 2019 | 3.50 Mn |
| Mar 31, 2019 | 4.03 Mn |