Tencent Music Entertainment (TCMEF) Inventory Average (2019 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Inventory Average came in at $10.5 million in Q2 2026, up 200.0% year-over-year from $3.5 million in Q2 2025, and up 64.31% quarter-over-quarter from $6.4 million in Q1 2026.
Analysis
Tencent Music Entertainment (TCMEF) Inventory Average (2019 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Inventory Average across 8 years of filings, most recently posting $10.5 million for Q2 2026.
- In Q2 2026, Inventory Average rose 200.0% year-over-year to $10.5 million; the TTM figure through Jun 2026 stood at $10.5 million (up 200.0% YoY), while the FY2025 annual figure was $4.5 million, up 125.0% from the prior year.
- Inventory Average came in at $10.5 million for Q2 2026 at Tencent Music Entertainment, up from $6.4 million in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $10.5 million in Q2 2026 to a low of $1.0 million in Q3 2023.
- Average Inventory Average over 5 years is $3.6 million, with a median of $3.1 million recorded in 2022.
- Year-over-year, Inventory Average plunged 66.67% in 2023 and soared 200.0% in 2026.
- Over 5 years, Inventory Average stood at $2.5 million in 2022, then sank by 57.51% to $1.1 million in 2023, then surged by 89.47% to $2.0 million in 2024, then surged by 244.52% to $6.9 million in 2025, then soared by 52.39% to $10.5 million in 2026.
- Per Business Quant data, the three most recent Inventory Average figures were $10.5 million in Q2 2026, $6.4 million in Q1 2026, and $6.9 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 320.19 Bn | 311.06 Bn | 6.52 Bn | - |
| 2 | Spotify Technology | 108.64 Bn | 97.73 Bn | 1.86 Bn | - |
| 3 | Tencent Music Entertainment | 7.00 Bn | 3.91 Bn | 582.00 Mn | 10.50 Mn |
| 4 | Huya | 471.18 Mn | 110.92 Mn | 37.58 Mn | - |
| 5 | iQIYI | 405.33 Mn | -65.56 Mn | 152.37 Mn | - |
| 6 | FuboTV | 313.61 Mn | -138.81 Mn | 399.10 Mn | - |
| 7 | Kaltura | 216.95 Mn | 185.65 Mn | 34.54 Mn | - |
| 8 | CuriosityStream | 153.89 Mn | 105.50 Mn | 16.93 Mn | - |
| 9 | LiveOne | 52.71 Mn | 44.05 Mn | 3.94 Mn | 706,500.00 |
| 10 | Cineverse | 46.61 Mn | 42.29 Mn | 10.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.50 Mn |
| 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 |