Tencent Music Entertainment (TCMEF) Payables (2017 - 2026)
Tencent Music Entertainment recorded quarterly Payables of $1.4 billion in Q1 2026, up 0.7% quarter-over-quarter from $1.4 billion in Q4 2025, and down 7.23% year-over-year from $1.5 billion in Q1 2025.
Tencent Music Entertainment's Payables history runs 10 years deep, the most recent figure standing at $1.4 billion for Q1 2026.
- In Q1 2026, Payables fell 7.23% year-over-year to $1.4 billion; the TTM figure through Mar 2026 stood at $1.4 billion (down 7.23% YoY), while the FY2025 annual figure was $1.4 billion, down 2.24% from the prior year.
- Payables came in at $1.4 billion for Q1 2026 at Tencent Music Entertainment, up from $1.4 billion in the prior quarter.
- In the past five years, Payables ranged from a high of $1.7 billion in Q2 2022 to a low of $1.4 billion in Q4 2025.
- A 5-year average of $1.5 billion and a median of $1.5 billion in 2023 frame the typical range for Payables.
- Across the five-year window, Payables advanced 15.64% in 2022 and declined 11.5% in 2025, its largest moves.
- Tencent Music Entertainment's Payables stood at $1.5 billion in 2022, then decreased by 0.21% to $1.5 billion in 2023, then decreased by 1.56% to $1.5 billion in 2024, then retreated by 5.22% to $1.4 billion in 2025, then rose by 0.7% to $1.4 billion in 2026.
- According to Business Quant data, Payables over the past three periods registered $1.4 billion, $1.4 billion, and $1.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | 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 | 1.59 Bn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 285.31 Mn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 9.31 Mn |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | 1.39 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.39 Bn |
| Dec 31, 2025 | 1.38 Bn |
| Sep 30, 2025 | 1.42 Bn |
| Jun 30, 2025 | 1.45 Bn |
| Mar 31, 2025 | 1.50 Bn |
| Dec 31, 2024 | 1.45 Bn |
| Jun 30, 2024 | 1.64 Bn |
| Mar 31, 2024 | 1.56 Bn |
| Dec 31, 2023 | 1.48 Bn |
| Sep 30, 2023 | 1.49 Bn |
| Jun 30, 2023 | 1.57 Bn |
| Mar 31, 2023 | 1.58 Bn |
| Dec 31, 2022 | 1.48 Bn |
| Sep 30, 2022 | 1.53 Bn |
| Jun 30, 2022 | 1.65 Bn |
| Mar 31, 2022 | 1.61 Bn |
| Dec 31, 2021 | 1.47 Bn |
| Sep 30, 2021 | 1.49 Bn |
| Jun 30, 2021 | 1.48 Bn |
| Mar 31, 2021 | 1.39 Bn |
| Dec 31, 2020 | 1.32 Bn |
| Jun 30, 2020 | 434.00 Mn |
| Mar 31, 2020 | 373.00 Mn |
| Dec 31, 2019 | 363.07 Mn |
| Sep 30, 2019 | 356.10 Mn |
| Jun 30, 2019 | 359.89 Mn |
| Mar 31, 2019 | 316.00 Mn |
| Dec 31, 2018 | 264.67 Mn |
| Dec 31, 2017 | 157.94 Mn |