Tencent Music Entertainment (TME) Accounts Payables (2017 - 2026)
Tencent Music Entertainment (TME) posted Accounts Payables of $895.0 million for Q1 2026, up 1.02% sequentially from $886.0 million in Q4 2025, and down 10.95% YoY from $1.0 billion in Q1 2025.
Tencent Music Entertainment (TME) Accounts Payables (2017 - 2026) Analysis & Trends
Tencent Music Entertainment has reported Accounts Payables for 10 years, with the latest figure at $895.0 million in Q1 2026.
- Quarterly Accounts Payables fell 10.95% year-over-year to $895.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $895.0 million (down 10.95% YoY) and the FY2025 annual result came in at $899.0 million, down 4.56% from the prior year.
- Accounts Payables climbed to $895.0 million in Q1 2026 per TME's latest filing, from $886.0 million in the prior quarter.
- Over five years, Accounts Payables peaked at $1.0 billion in Q1 2025 and troughed at $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.
- The sharpest annual moves came in 2023 and 2024: Accounts Payables fell 16.1% in 2023, then surged 37.74% in 2024.
- Over 5 years, Accounts Payables stood at $702.7 million in 2022, then retreated by 1.06% to $695.3 million in 2023, then soared by 37.74% to $957.7 million in 2024, then retreated by 7.48% to $886.0 million in 2025, then gained 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 | 4,180.69 Bn | 3,751.66 Bn | 73.85 Bn | 20.26 Bn |
| 2 | Meta Platforms | 1,530.68 Bn | 1,440.42 Bn | 49.47 Bn | 15.89 Bn |
| 3 | Taboola.com | 1,136.28 Bn | 1,136.15 Bn | 139.48 Mn | 275.95 Mn |
| 4 | Baidu | 288.63 Bn | 284.14 Bn | 1.88 Mn | 5.72 Bn |
| 5 | Spotify Technology | 103.33 Bn | 93.09 Bn | 1.75 Bn | 1.46 Bn |
| 6 | Joyy | 77.38 Bn | 76.49 Bn | 205.64 Mn | 71.55 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 66,341.00 |
| 8 | Nebius | 49.14 Bn | 39.51 Bn | 295.20 Mn | 621.70 Mn |
| 9 | 30.18 Bn | 27.39 Bn | 734.60 Mn | 89.14 Mn | |
| 10 | Tencent Music Entertainment | 26.87 Bn | 24.17 Bn | 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 |